As global finance leaders take a fresh look this year at the hubs that have long been their homes, they’re increasingly seeing high costs and political chaos. ( read original story …)
FINANCE
China’s Policy Banks Are Lending Differently, Not Less
How Chinese policy and commercial banks are behaving operationally in their foreign lending activities is shifting, but not necessarily diminishing. ( read original story …)
Investors Are Learning to Live With China’s Corporate Defaults
China’s authorities are increasingly spreading the message: you should get what you pay for when it comes to corporate bonds. ( read original story …)
China to step up fiscal support for new economic strategy
China will step up fiscal policy support for a strategy to make its economy mainly rely on domestic demand, supply chains and innovation, Finance Minister Liu Kun said. ( read original story …)
China’s financial indicators stable in November
China’s key financial indicators showed stable growth in November, except for the slight slowdown in total social financing, an indication that the fiscal stimulus to weather Covid-19-induced downturn … ( read original story …)
China Vows to Strengthen Fiscal Support in Key Areas Like Tech
China will strengthen fiscal support in key areas including food, energy, and technology in order to ensure the country’s economic security, the finance minister said. ( read original story …)
As a leader in development finance, China can help create a green, inclusive recovery
According to new estimates, China now finances overseas development at nearly the same level as the World Bank. With countries currently struggling to combat Covid-19, protect the vulnerable and mount … ( read original story…
China to strengthen financial and tax policies – finance minister
China will strengthen its financial and tax policies to ensure national economic security and ensure fiscal sustainability, Finance Minister Liu Kun said. ( read original story …)
China’s Finance Minister: Will strengthen financial and tax policies
EUR/USD teases a falling channel breakout on the 4-hour chart. The 4-hour chart shows the pair is now hovering above the upper end of the falling channel represented by trendlines connecting Dec. 4 … (…
China to update green finance standards
China will provide easier access for international investors to the domestic green finance market with an updating of domestic green finance standards and strengthening of international cooperation, … ( read original story …)
Deutsche Bank secures China fund custody licence
Deutsche Bank’s China business has received a domestic fund custody licence from the China Securities Regulatory Commission, the bank said on Thursday, showing how international financial services … ( read original story …)
China stocks firm as lending data beats estimates; Hong Kong slips
HK daily quota used 1.8% * FTSE China A50 +0.3% SHANGHAI, Dec 10 (Reuters) – Chinese shares rose on Thursday, driven by gains in consumer and healthcare firms, as better than expected bank lending ……
China banking on new development plans to improve ties with US: envoy
China’s new development stage of building an open economy with higher standards and better quality will provide fresh driving force for China-US relations, said Chinese ambassador to the United States … ( read original story…
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