China’s independent directors are quitting once coveted seats on the boards of listed companies, spooked by fines levied on five directors of Kangmei Pharmaceutical Co. that totaled hundreds of …
FINANCE
China’s central bank signals easing as recovery risks mount
The People’s Bank of China removed from its policy outlook a few key phrases cited in previous reports, including sticking with ‘normal monetary policy’.
China’s fiscal revenue up 14.5% in first 10 months
China’s fiscal revenue logged a year-on-year increase of 14.5 percent in the first 10 months of the year, official data showed Friday. The country’s fiscal revenue amounted to 18.15 trillion yuan …
Shares of China Evergrande’s EV Unit to Open Higher After $347 Million Share Placement
Shares of China Evergrande New Energy Vehicle Group Ltd are set to open up 4.8% to HK$3.7, after the company raised around $347 million in a share placement. The EV unit of embattled property …
China sovereign wealth fund CIC unveils sustainable investment policy
China Investment Corporation (CIC), a sovereign wealth fund with US$1.2 trillion of assets, has released a sustainable investment policy that lays out the guiding principles for its investment process …
UPDATE 5-Tennis-Peng Shuai reappears in Beijing, WTA not reassured
Chinese tennis star Peng Shuai, whose whereabouts have been a matter of international concern for weeks, attended a tennis tournament in Beijing on Sunday, according to official photos published by …
China central bank adviser warns about ‘quasi-stagflation’ risk
China’s economy could enter a period of “quasi-stagflation” with relatively slow growth and excessively high producer-price inflation, said Liu Shijin, an adviser to the nation’s central bank.. Read …
China Central Bank Advisor Warns About ‘Quasi-Stagflation’ Risk
China’s economy could enter a period of “quasi-stagflation” with relatively slow growth and excessively high producer-price inflation, said Liu Shijin, an adviser to the nation’s central bank.
China FX Committee Urges Banks to Cap Speculation as Yuan Surges
An organization formed by key participants in China’s currency market urged banks to limit speculative foreign-exchange trading after the yuan climbed to a six-year high versus peers.
China to issue commemorative coins for Beijing 2022 Winter Paralympics
China central bank will issue a set of commemorative coins for the Beijing 2022 Paralympic Winter Games next Wednesday The coins …
China Junk-Bond Bargain Hunters Trigger 388% Surge in ETF Assets
One exchange-traded fund shows how investors are increasing bets on a rebound in Chinese property junk bonds.Most Read from BloombergNew York City Is Building a Wall of Oysters to Fend Off FloodsA …
How China’s tech expansion could collide with antitrust efforts
As China-based tech companies like Xiaomi and TikTok flourish, there’s still no playbook in North America or Europe to deal with their potential to censor or steer culture via algorithms. TikTok, with …
New financial tool unveiled to aid China’s low-carbon development
China has rolled out a new financial tool to support the clean and efficient use of coal amid efforts to push forward green and low-carbon development. The country will introduce a targeted re-lending …
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