Ant Group’s Alipay has become the first digital wallet to provide cross-border remittances between the special administrative region of Macau and mainland China’s Guangdong province, as Beijing pushes …
FINANCE
China may face financial contagion as developers’ loans surge
China may soon face financial contagion as the countrys property developers loans are surging due to the communist regimes recent crackdown, a media report said on Monday.
China’s central bank to inject cash into smaller businesses
China central bank will add 300 billion yuan about 4649 billion US dollars of reloan a in the next four months to support …
Chinese activist Ai Weiwei says Credit Suisse closing his foundation’s bank account
Chinese dissident and artist Ai Weiwei has said Credit Suisse told him it was closing his foundation’s bank account in Switzerland earlier this year citing his “criminal record” in China, despite the …
China urges banks to be flexible with loans for some home buyers
China’s banking watchdog said on Tuesday that banks ought to offer financial support for home buyers with so-called “rigid” demand, referring to purchasing or renting from those recently married or …
George Soros ups the ante in war of words with BlackRock over China, exposing contrast of bets on world’s second-biggest market
One of America’s earliest investors in China fired an opening salvo in a potential war of words with the biggest global asset manager this week, as two of Wall Street’s best-known investors spar …
Why China’s crackdown means growth pains for investors
Portfolio managers explain how the emerging market superpower’s tougher stance on tech supports a broader growth agenda …
China will maintain prudent monetary policy, says central bank official
China will maintain prudent monetary policy and not resort to flood-like stimulus, Pan Gongsheng, vice governor of the People’s Bank of China (PBOC), said at a briefing on Tuesday. The space for …
China Development Bank debuts first international green bond
The green bond marked the first of its kind for the bank and constituted the first international green bond issuance by a Chinese policy bank in 2021. The bond, which was oversubscribed by 8.6 times,…
Asian stocks rise with global central bank meetings in focus
Shares advanced in Shanghai, Tokyo and Hong Kong, which are the bulk of Asia’s market capitalization. Seoul and Sydney declined.
China Trade Surges to New Records on Strong U.S., EU Demand
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here.China’s export growth unexpectedly surged in August as suppliers likely boosted orders …
Asian stocks rise ahead of central bank meetings
Asian stock markets rose Tuesday as investors watched for decisions from central banks in Europe and elsewhere about when they might start to wind down economic stimulus. Shares advanced in Shanghai, …
Financing a green future, China in action
While maintaining an effective policy mix to spur green investment, China is working towards a policy system that supports financing activities in a market-based way, and has made efforts to help …
