China opened an anti-subsidy probe into imported dairy products from the European Union on Wednesday, stepping up tension with the bloc a day after Brussels released its revised draft decision to …
FINANCE
China’s National Development Bank issues $1.7 billion of green bonds
Photo/VCG] BEIJING – China’s National Development Bank (NDB), a key policy bank, has successfully released 12 billion yuan ($1.7 billion) in the form of three-year green financia …
China’s central bank conducts $36.18 billion via reverse repos
China central bank conducted 258 billion yuan US3618 billion of seven-day reverse repos at an interest rate of 17 percent WednesdayXinh …
China In Eurasia Briefing: The Power of Siberia-2 Pipeline Hits A Snag In Mongolia
Plus: Li Qiang goes to Russia and Belarus, Kazakhstan’s nuclear energy bid, Tajikistan’s China debt, Azerbaijan asks to join BRICS, and more.
China’s $70bn property rescue plan limps off starting line
Beijing unveiled a plan in May for the People’s Bank of China and state banks to mobilise up to Rmb500bn ($70bn) in lending to support local government enterprises to buy up unsold property. Local …
China lending at 15-year low as central bank holds rates
The People’s Bank of China held the one-year loan prime rate at 3.35% and the five-year LPR at 3.85%. The two key interest rates were each cut by 10 basis points in July.
Beijing court reports nearly 90% of securities crimes involve insider trading
Nearly 90 percent of securities criminal cases in Beijing involve insider trading or the leakage of insider information, with most offenders being well-educated or holding high-level positions in …
China Market Update: XPeng, Vipshop, And Kuaishou Report Financial Results
Asian equities had a strong day except for Hong Kong and Mainland China, which experienced light volumes and profit-taking following recent outperformance.
China targets cryptocurrencies, online game coins in intensified money-laundering crackdown
Cryptocurrencies, online game coins and tipping during live streaming would be considered money laundering in China, according to the highest judicial bodies, marking the first instance of Beijing …
China Says ‘Please Stop Buying Our Bonds’
Plunging bond yields are a symptom of economic weakness that are easier to fix than curing the country’s troubled economy.
China’s central bank conducts 20.9$ billion via reverse repos Tuesday
China central bank conducted 1491 billion yuan US209 billion of seven-day reverse repos at an interest rate of 17 percent TuesdayXinhu …
PwC loses major client Bank of China amid regulatory probe
Auditor PwC has lost its largest mainland China-listed client, Bank of China, to rival EY, adding to an exodus of clientele amid a regulatory investigation into its work on troubled property developer …
China’s Finance Ministry to Refinance USD56 Billion This Month in Regular Special Bond Repayment
China’s Ministry of Finance will issue CNY400 billion (USD56 billion) worth of special government bonds on Aug. 29 as part of a standard rolling issuance that has been in place since 2017 to pay off…
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