The China Development Bank, one of the country’s primary policy banks, granted 149.6 billion yuan (23.57 billion U.S. dollars) in loans to support ecological protection and high-quality development in …
FINANCE
China’s Inflation Slows, Giving Central Bank Room to Ease Policy
China’s inflation eased in January, providing Beijing with more leeway to shore up the economy ahead of a key political leadership meeting later this year. The producer price index rose 9.1% from a …
Brother of Seoul envoy to Beijing suspended for misselling of funds
South Korea’s financial regulator on Wednesday decided to suspend Jang Ha-won, the chief executive of Discovery Asset Management from his duty, and fine the state-run Industrial Bank of Korea for …
UBS Sees China Private Banking Revenue Pool Hitting $163 Billion
High-net-worth individuals in the world’s most populous nation may have 214 trillion yuan of investable assets by 2030, marking an annual growth of 14% from 2020, May Yan, the bank’s head of Greater …
China to work with Asian neighbours to grow use of local currencies over US dollar in trade, investment
China will work with Asian countries to strengthen the use … which cut demand for the US dollar. Indonesian Finance Minister Sri Mulyani Indrawati said LCS arrangements should be replicated more …
What China means by “high quality” economic growth
Load Error Before attempting to define “high quality” growth, it’s helpful to take stock of what GDP—a measure of economic production and growth—means in China. Michael Pettis, finance professor at …
China’s central bank chief vows support amid ‘weak links’
Governor Yi Gang says China will return to a potential growth rate of between … said in a videotaped speech Wednesday ahead of a meeting of central bank chiefs and finance ministers from the Group…
From Credit Suisse to Goldman Sachs, investment banks say it’s time to buy Chinese stocks
Morgan Stanley, Bank of America and J.P. Morgan Asset Management are neutral on mainland China. BEIJING — More and more international investment analysts say it’s time to buy mainland Chinese stocks, …
China’s inflation slows, giving central bank room to ease
… has scope to cut interest rates and pump liquidity into the financial system People’s Bank of China (PBOC), the central bank, in Beijing, China. A moderation in inflation in recent months has …
Beijing stocks beating US peers on rate worries
On the other hand, economists expect China’s central bank to take further easing measures to spur the economy. “Chinese authorities have recently relaxed rules on property developers, bringing hopes …
China Stock Market Predicted To Open In The Green
(RTTNews) – The China stock market on Tuesday halted the two-day slide … The SCI finished modestly higher on Tuesday as weakness from the oil and financial stocks weighed on gains from the broader …
Canada’s Para ice hockey team named for Beijing 2022 Paralympic Winter Games
The complete Beijing 2022 Paralympic Winter Games Para ice hockey team is: Rob Armstrong – Defense – Erin, ON Billy Bridges – Forward – Summerside, PEI Rod Crane – Defense – Clarksburg …
French Snowboarder Lucile Lefevre Competes in Tiger Suit at Beijing Winter Games
In honor of the Year of the Tiger, the 26-year-old competed in a full-body tiger suit during the women’s big air qualification round at the 2022 Beijing Winter Olympics. Last week, the athlete …
