Scanfil Suzhou aerial image Aerial photo of the Scanfil’s Suzhou factory in China. Expansion will be located on the right hand corner. Scanfil Suzhou expansion plan image Scanfil Suzhou expansion plan …
FINANCE
China cbank makes biggest weekly cash injection into banking system since Feb
China’s central bank increased its short-term fund injection this week by offering the most cash on a net basis in nearly seven months to meet higher cash demand towards the month-end.The People’s …
China’s Property Crackdown Stalks Credit Markets
China’s push to wean property developers from excessive borrowing is spilling over into loan losses at banks and pain in credit markets as cash-strapped builders fall into distress, raising the risk …
Kerry to Press China to Stop Financing Coal-Fired Energy Projects
Biden’s climate envoy is planning to push for a formal declaration during a trip to China next week, but Beijing doesn’t want to be seen as caving to Western pressure.
China’s central bank says will increase financial support for rural rejuvenation
The People’s Bank of China said on Thursday it will use monetary policy tools including re-discount and relending facilities and the reserve requirement ratio (RRR) to help financial institutions fund …
China’s Communist ‘Common Prosperity’ Campaign
The “common prosperity” ideology is the realization of Chinese socialism imposed upon market-based, modern activity, which makes it especially hard for investors to interpret.
Ping An Profit Sinks on $3.2 Billion Hit From China Fortune
(Bloomberg) — Ping An Insurance (Group) Co.’s profit sank as China’s largest insurer by market value said the financial hit from a troubled property developer more than doubled. Net income …
China Urges Financial Support for Retail, Catering, Trading Firms
Financial institutions in China including banks and insurers should do more to help struggling offline retail, accommodation, catering and trading firms in the wake of recent domestic coronavirus …
Banking giant bullish on China market
China will remain a pivotal market for Bank as the company aligns strategic priorities with the country’s domestic and international agendas, its senior executives said. With China reporting a 20 …
Former finance minister warns against foreign countries imposing carbon tariffs against China in trade attacks
China will take further measures to prevent other countries from imposing trade attacks against China by means of carbon tariffs, China’s former finance minister Lou Jiwei said during the ESG Global …
Asian Stocks Dip, Dollar Up as China Tech Retreats: Markets Wrap
Asian stocks fell Thursday on caution about the regulatory outlook in China and a looming Federal Reserve gathering that may provide more clues about its approach to paring stimulus. The dollar …
Beijing delegation’s visit to Hong Kong much more than a briefing on economic development
A pro-Beijing heavyweight, who attended one of the forums … the director of the People’s Bank of China’s Finance Research Institute, who suggested Hong Kong, as home to the largest pool of offshore …
China’s regulatory crackdowns already hurting the economy
China has clamped down on industries ranging from steel to education to property.. Read more at straitstimes.com.
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