(Bloomberg) — The People’s Bank of China reiterated it will encourage … credit policy previously signaled by PBOC officials, as Beijing vowed to address the effects of a property market …
FINANCE
China’s top finance sector official arrested on corruption charges after 8 years of retirement
One of China’s highest-ranking officials in the finance sector was arrested on suspicion of taking bribes and abusing his power, according to a statement published by China’s Supreme People’s …
China’s Cenbank to Keep Liquidly Ample, Step up Finance Support for Key Sectors
HONG KONG (Reuters) -China’s central bank on Friday said it … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more.
Facts and Figures: How Beijing 2022 Is Transforming Winter Sport in China
Hosting the Olympic and Paralympic Winter Games Beijing 2022 spurred the ambitious target to attract more than 300 million people across China to snow and ice activities, bringing healthier …
China cannot ‘dictate to us’: Somaliland minister
China cannot dictate who Somaliland can have relations with … by trading loans and cash gifts for international recognition. Somaliland Minister of Finance Saad Ali Shire said his country had made …
Niall Treacy vows to use Beijing 2022 as springboard to future Olympics success
The short track speed skater from Coventry was unable to progress through his 1000m heats as Britain’s rotten luck on the Olympic ice continued in Beijing. But Treacy, 21, has been a sponge to …
China’s cenbank to keep yuan stable, step up cross-cyclical adjustments
HONG KONG (Reuters) -China’s central bank on Friday said it would keep liquidity reasonably ample and step up cross-cyclical adjustments to support the economy. The People’s Bank of China (PBOC), the …
China’s Loans to Sub-Saharan Africa Outweigh Those of Western Nations
“There’s a lot of criticism of China, but if Western governments want to boost productive … “There’s a real opportunity for the U.S. to provide more leadership on infrastructure finance in Africa,” …
China’s commercial banks’ bad loan ratio declines, says regulator
Outstanding non-performing loans in the commercial banking sector stood at 2.8 trillion yuan ($440.66 billion), an increase of 13.5 billion yuan from the end of the third quarter, according to a …
China’s Price For Capping Commodities Will Be Higher Emissions
(Bloomberg) — China’s success in capping the surge in commodities prices looks increasingly dependent on its ability to deliver more supply. But to do that, it’s going to have to tolerate …
US-China tech war: top Chinese chip maker SMIC to invest record US$5 billion in capacity expansion after profits doubled in 2021
China’s biggest semiconductor foundry has set aside a record amount for capacity expansion in 2022, after its profits more than doubled in 2021 thanks to strong demand for chips. Semiconductor …
China seeks economic, political stability with the ‘vigour of an uncaged tiger’ as loans soar
the China Finance 40 Forum, on Wednesday. “Markets are more willing to see enforceable and strong fiscal policies. It is the key to turn around market expectations.” The think tank has called for a …
China Infrastructure Investment in 2022 – Can it Stimulate Economic Growth?
At the end of 2021, China’s Ministry of Finance (MOF) pre-allocated RMB 1.46 trillion (US$229.6 billion) of the 2022 quota to be used in the first quarter, in the hopes that the extra liquidity would…
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