A sovereign rating downgrade could make it more costly for Chinese companies and the government to borrow money on the international market, and more difficult for Beijing to attract investors to its financial markets. China…
FINANCE
S&P’s downgrade of China’s sovereign debt angers Beijing
China’s Finance Ministry calls it the “wrong decision”. Beijing (AsiaNews/Agencies) – For the first time since 1999, S&P Global Ratings on Thursday downgraded China’s sovereign credit from AA- to A, reflecting increased economic and financial…
“Years of Gilt, Luxury Forever” The 2017 the Waldorf Astoria Beijing Annual Charity Ball
From the golden age of New York in the 19th century To the modern age of Beijing in the 21st century BEIJING, Sept. 22, 2017 /PRNewswire/ — Waldorf Astoria Beijing presents the Waldorf Astoria Beijing…
Beijing to further open up the service sector to foreign investment
Beijing will also deepen the institutional reform to create a favorable environment for foreign investors and professionals. The reforms are to improve investment and finance management systems, trade in services, investment regulation systems, as well…
Financial ties with Beijing will continue to be strengthened: Heng Swee Keat
XIAMEN — Singapore and China will continue to strengthen financial ties in investments, regulatory cooperation, cross-border capital market activities and emerging technologies, said Finance Minister Heng Swee Keat yesterday. Speaking at an unveiling … (…
Does Fed’s latest move add urgency to Beijing’s financial rescue mission?
China has less time to defuse its debt bomb and address domestic financial risks after the US Federal Reserve set out a timetable to steadily increase interest rates and sell off bonds to shrink its…
Hainan Airlines Inaugurates Direct Air Service Between Beijing and Belgrade
BELGRADE, Serbia, Sept. 22, 2017 /PRNewswire/ — The first flight of the new service, Hainan Airlines HU7937, which took off from Beijing Capital International Airport, landed successfully at Belgrade Nikola Tesla Airport at 9:20 am…
INSTANT VIEW 1-S&P downgrades China’s rating, citing increasing economic, financial risks
BEIJING, Sept 21 (Reuters) – S&P Global Ratings cut China’s long-term sovereign credit ratings by one notch to ‘A+’ from ‘AA-‘ on Thursday, saying its prolonged period of strong credit growth has increased its economic…
China tightens banking screws on North Korea, but rejects Trump’s talk of total ban
BEIJING — China has tightened the financial screws on North … Indeed, the Reuters news agency reported that China’s central bank had issued a formal, written order to banks this week ordering them to strictly…
S&P cuts China rating to A+ on higher financial, economic risks
Standard & Poor’s has cut its rating on China by one notch weeks before the country is expected to launch a rare dollar bond, with the ratings agency citing rising economic and financial risks after…
China’s Banking System Won’t Collapse, Former Bank Director Says
Foreigners predicting doom for China’s banks have got it all wrong, according to James Stent, who spent more than a decade serving on the boards of two Chinese lenders. Instead of falling into a debt-fueled…
China’s about to get its first new central bank head in 15 years
China is about to get its first new central bank chief in 15 years The winner of the horse race could show what Beijing is planning for the world’s second-largest economy China is about to…
Beijing Takes A Knee – China Central Bank Tells National Banks To Halt Business With North Korea…
Beijing is quickly recognizing they have painted themselves into an economic corner. Beijing enables the DPRK. President Trump specifically targets this reality as the solution to North Korea’s aggression: ¹Beijing tells DPRK to do stupid…
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