Suresh Tantia of the investment bank says China’s property bonds are likely to “die a slow death” without a “financial bazooka” from the country’s central bank or a “fiscal bazooka” from the …
FINANCE
China far ahead of US and West in infrastructure funding for Sub-Saharan Africa: study finds
Western nations slow to pump up investments despite ‘much rhetoric’, lead author of Centre for Global Development paper says.
China Property Shares Rise on Eased Curbs: Evergrande Update
Chinese property developers’ shares rose after regulators eased loan curbs on public rental homes. A Bloomberg Intelligence gauge of the sector gained as much as 3%, the most in about three weeks.Most …
China’s local govts issued 3.58 trln yuan of special bonds in 2021 – finance ministry
China’s net local government special bond issuance in 2021 was 3.58 trillion yuan ($562.82 billion), the Ministry of Finance said in an online notice on Wednesday. We apologize, but this video has …
China Fell Short of Trump Trade-Deal Purchase Promises
China came up more than one-third short of its purchase commitments for goods in the trade deal that the world’s second-largest economy reached with the U.S. during the Trump administration.Most Read …
HUNTER: Who thought holding Olympics in Beijing again was a good idea?
Winter Olympics in Beijing was never going to be a good idea. And yet, someone, somewhere thought that, by God, that’s the place! Hey, forget about the human rights abuses, forget about China’s …
China’s banks handle record 3.13 trln yuan of non-performing assets in 2021
China’s banking sector handled 3.13 trillion yuan (about 492.4 billion U.S. dollars) worth of non-performing assets last year, effectively reducing credit risks, official data showed. The figure saw …
China issues 5-year plan for financial standardization
China’s financial regulators have issued a plan to advance standardization of the financial sector over the 14th Five-Year Plan period (2021-2025). The authorities plan to improve standardization in a …
U.S.-Listed China Firms Get Boost as State Funds Buy Stocks
READ: China State Funds Are Said to Buy Stocks to Stem Worsening Rout (1) The buying by China’s so-called “national team” comes as the domestic stock market reopened for trading after being closed for …
China to Issue Sweeping Standards for Fintech, Digital Currency
China’s regulators outlined plans to establish sweeping new standards for the financial industry, covering digital currency, cross-border yuan settlements, green finance and fintech. The People’s Bank …
Why China’s digital yuan is only seeing ‘very modest’ usage: Expert
He joined Yahoo Finance Live to discuss China’s state-backed digital yuan, the U.S. digital dollar debate, and what it would mean for the Federal Reserve to enter the realm of digital currencies.
‘It’s a big joke’: Winter Olympians complain about conditions in Beijing
Discontent is rising at the Winter Olympics in Beijing amid a series of complaints from athletes surrounding conditions at the Games, with one speed skater from Poland hitting out at “joke …
China ‘encroaching across border into Nepal’, according to leaked government report
China has been accused by Nepal of encroaching into its borders in a leaked report, joining its neighbours India and Bhutan in voicing concerns about the Asian giant’s territorial ambitions …
