Beijing steps up stimulus measures and reforms, as small firms suffer from a liquidity trap, and some foreign private equity firms leave China.
FINANCE
LIVE: Chinese Finance Ministry Holds PC As Canada Imposed 100% Tariff On Imports Of Chinese EVs
LIVE: Chinese Finance Ministry Holds PC As Canada Imposed 100% Tariff … Sullivan is making his first visit to Beijing on Tuesday. Full Story On: https://www.republicworld.com #BreakingNews …
China’s central bank, ministries pledge green finance support for dense economic zone
Eligible companies in the sprawling Yangtze River Economic Belt – an area with 21 per cent of China’s surface area but 44 per cent … according to a directive jointly released by the country’s …
China promotes green finance along Yangtze River Economic Belt
BEIJING, Aug. 27 (Xinhua) — The Chinese government has recently reiterated its commitment to promoting green finance along the Yangtze River … including the People’s Bank of China and the Ministry …
China promotes green finance along Yangtze River Economic Belt
BEIJING, Aug. 27 (Xinhua) — The Chinese government has recently reiterated its commitment to promoting green finance along the Yangtze River … including the People’s Bank of China and the Ministry …
Losses Worsen for China’s Steel Mills and Crude Oil Refiners
Losses had eased in the previous three months, with the industry approaching breakeven in June. Commodities producers have been among China’s least profitable firms this year, as state-owned …
Beijing targets the boom in bonds
Beijing wants to ward off a growing “speculative frenzy”. The “official explanation” is that banks that pile up bonds are exposing themselves to “huge losses” if rates turn – as America’s Silicon …
Canada slaps 100% tariff on Chinese EVs in trade standoff with Beijing
Sullivan is making his first visit to Beijing on Tuesday. Trudeau said Canada also will impose a 25% tariff on Chinese steel and aluminum. “Actors like China have chosen to give themselves an unfair …
China’s low-altitude economy lacks growth roadmap, says industry group
BEIJING (Reuters) – China’s nascent low-altitude economy – made up of manned or unmanned aviation services at low elevations – has captured investors’ interest but many lack information and guidance …
Boeing says China will need 8,830 new planes over next 20 years
(Reuters) – U.S. planemaker Boeing said on Monday it expects China to need 8,830 new planes through 2043, as the country’s aviation industry expands and modernizes to meet growing demand for passenger …
China’s PDD suffers $40 billion market cap wipeout after flagging an uncertain market
China’s fragile economy, persistent weakness in the property … due to intensified competition and external challenges,” said PDD’s Vice President of Finance Jun Liu. UBS analyst Kenneth Fong said …
China’s Once-Richest Person Loses $14 Billion As Temu Parent Company Falls Almost 30%
The founder and former chairman of Chinese e-commerce firm PDD Holdings Colin Huang, who rose to become the richest person in China earlier this month, saw his net worth fall by roughly $14 billion on…
China’s Budget Spending Drops as Land Sales See Record Fall
(Bloomberg) — China’s broad budget expenditure contracted and income from land sales for local governments fell at a record pace, a sign of fiscal weakness that may further increase calls on Beijing …
