From April 18, four rural banks in Henan suspended their online services, leaving customers unable to access their funds, which has quickly aroused outrage. Later that month, Henan New Fortune Group, …
FINANCE
How Beijing’s Double Standards are Shaping World Order
The Chinese government has perfected the art of having it both ways. It is at once the world’s second-largest economy and a self-styled “developing country”, a lender and aid recipient, aggressor and …
China Pays Interest in Gold Now
The newest info to that effect is China is now paying interest to Gold holders in Gold itself as seen in the picture above. The core argument here is that China is expanding the usability…
Beijing Energy Secures New Financial and Leasing Agreements
An update from Beijing Energy International Holding ( ($HK:0686) ) is now available. Beijing Energy International Holding has entered into two …
China’s Big Six banks post profit, revenue growth in first three quarters
In the first three quarters, China Construction Bank achieved operating income of 560.28 billion yuan, representing a year-on-year increase of 1.44 percent. Its net profit reached 258.45 billion yuan, …
China needs 4.17% annual GDP growth to meet 2035 goal, publication shows
China is confident it will achieve an annual average growth rate of 4.17% over the next decade, the level needed for it to become a medium-level developed country in terms of GDP per capita by…
Beijing financial forum promotes globally connected finance for win-win cooperation
“The UAE and China share a partnership built not only on commerce, but on confidence and shared ambition,” said Alhawi at the China-UAE Two-Way Investment and Financial Market Integration sub-forum, …
FirstFT: Donald Trump and Xi Jinping react to US-China trade truce
How Trump and Xi are reacting: “It was an amazing meeting,” the US president told reporters aboard Air Force One as he flew back to Washington on Thursday. “On a scale of 0-10, with 10…
Analysis-After trade truce, China becomes a bit more investible
China’s latest trade truce with the United States removes one big deterrent for foreign investors who’ve been circumspect all year about investing in a stock market that’s outrun most other major ones …
China makes first small US soybean purchase of the season ahead of Trump-Jinping summit
BEIJING ― China’s state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country’s first purchases from this year’s U.S. harvest, shortly before a summit of Presidents Donald …
Oil prices steady as investors assess US-China trade truce
Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after U. President Donald Trump lowered tariffs on China following a meeting with …
Trump leaves meeting with China promising a tariff lowering and some near-term stability in the relationship
President Trump announced Thursday that the US would halve its fentanyl-related tariffs on Chinese goods as part of a reset in relations that includes China stepping back from its promise to restrict …
Financial Street Forum concludes in Beijing, spotlighting financial cooperation, high-quality development
The Annual Conference of the Financial Street Forum (FSF) concluded in Beijing on Thursday, attracting guests from more than 30 countries and regions and reaching more than 100 outcomes, providing …
