Beijing’s office market recorded positive performance in the third quarter but still faces pressure in the coming months, research from industry experts showed. According to Savills, an international …
FINANCE
China, Africa and the 3 years since Xi Jinping promised to rebalance trade
Beijing says it has largely delivered on the commitments it made at a summit in 2018, despite the pandemic but trade is still weighted in China’s favour, observers say.
China mandates 14 banks for $4 billion US dollar bond issuance – term sheet
China has mandated 14 banks for the planned issuance of dollar-denominated, multi-tranche bonds, subject to market conditions, according to a term sheet seen by Reuters on Monday. HONG KONG, Oct 18 …
China property shares firm after central bank says Evergrande woes manageable
Shares of Chinese property developers climbed on Monday (Oct 18) after China’s central bank calmed markets by saying spillover effects from Evergrande’s debt woes were controllable and the country’s …
Beijing Begins Crackdown on Financial Institutions
Beijing is reportedly concerned about the amount of money financial institutions have lent Evergrande, a leading property developer currently in over 300 …
PBOC’s Yi Says China Can ‘Contain’ the Risk From Evergrande
Most Read from BloombergThe Biggest Public Graveyard in the U.S. Is Becoming a ParkWhy Buying a Second or Even Third Home Is Becoming More Popular Than EverOut-of-Practice Airline Pilots Are Making Er …
China growth dips to 5% in third quarter on energy woes: poll
China’s economic growth is expected to have slowed further in the third quarter, according to an AFP poll of analysts, with a mounting energy crisis and property market tremors casting a pall as the …
China issues 8.98B bank cards in total
China had issued a total of 8.98 billion bank cards by the end of 2020, according to a blue paper. Transactions worth 792.8 trillion yuan ($123.24 trillion) were made through bank cards last year, …
China’s Economy Is Reeling From Successive Punches: Eco Week
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergThe Biggest Public Graveyard in the U.S. Is Becoming a ParkOut-of-Practice Airli …
China issues 8.98 bln bank cards in total
China had issued a total of 898 billion bank cards by the end of 2020 according to a blue paper Transactions worth 7928 trillio …
China Evergrande Unlikely to Cause Financial Crisis, BOK Says
China Evergrande Group’s troubles are unlikely to trigger a financial crisis given the low exposure of local banks to the debt-laden developer and the ability of Chinese regulators to control markets, …
West eyes China’s playbook as Big Tech revs up finance ambitions
As Big Tech wades deeper into financial markets, Western policymakers are looking to an unlikely regulatory guide: China. It’s not often that the West looks to Beijing for policy solutions, especially …
Down Is still up for foreign investors piling into China
SHANGHAI: Like the demise of Enron Corp. and the collapse of Lehman Brothers, the debacle at China Evergrande Group was inevitable to some only in retrospect.
