Chinese banks extended 2.24 trillion yuan ($312.45 billion) in new loans in June, more than triple the amount in May and beating analysts’ forecasts.
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China’s June new yuan loans beat forecast as credit demand picks up
Chinese banks extended 2.24 trillion yuan ($312.47 billion) in new loans in June, more than triple the amount in May and beating analysts’ forecasts, as stimulus measures boosted credit demand during …
China’s exports, imports pick up as Trump tariff deadline looms
China’s exports regained some momentum in June while imports rebounded, as exporters rushed out shipments to capitalise on a fragile tariff truce between Beijing and Washington ahead of a looming …
China’s young workers face job woes as the economy impacts elite graduates’ prospects
Youth unemployment in China for ages 16-24 was 21.3% in June 2023.
Nvidia CEO downplays China risks ahead of Beijing trip
China is one of Nvidia’s biggest markets, accounting for 13% of its total sales for the fiscal year ending in January.
Wealth funds warm to active management – and China – to weather volatility, report shows
The world’s sovereign wealth funds are turning to active fund management and investments in China, while central banks are diversifying reserves to weather a volatile global environment, an Invesco …
List of 10 largest banks in the world released, China dominates with top 4 positions followed by…, India is…
China is the second largest economy in the world. But if we look at the list of the 10 largest banks in the world in terms of assets, then China dominates it. China has four…
China to release H1 economic data amid positive outlook; more policies anticipated to meet full-year growth target
Several major financial institutions have recently issued more positive projections for China’s economy, both for the second half and the full year, citing its resilience so far in 2025, bolstered by …
EU wants to see China taking more ambitious climate action
The world needs China to show more leadership on climate action, EU Climate Commissioner Wopke Hoekstra said on Sunday, highlighting the importance of cutting planet-heating emissions and reducing the …
Financial cooperation: Egypt and China sign key trade agreements
Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the …
Why the Pentagon is investing $400 million in a rare earths company to counter China
In a dramatic effort to reduce US reliance on China for critical minerals, the Pentagon is investing $400 million in MP Materials, the only company currently producing rare earths in the United States …
PM must read the tea leaves on China security and trade
We should question whether Albanese’s visit will meaningfully improve Australian-Sino relations or simply serve as political window dressing for both sides.
China, Egypt sign MoU to boost financial ties, promote local currency settlement
China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, promoting local currency settlement, central bank digital currency, and digital …
