Chinese banks extended 260 billion yuan ($36.26 billion) in new yuan loans in July, down from the previous month and undershooting analysts’ forecasts, highlighting weak demand as a prolonged property …
FINANCE
China’s Credit Growth Weaker Than Expected Despite PBOC Easing
(Bloomberg) — China’s credit expanded less than expected in July despite the central government’s monetary easing, during what’s traditionally a weak month for financing activities. Most Read from …
US Financial Officials Head to China After Leaders’ Policy Meet
Senior US and Chinese economic officials will meet for discussions in Shanghai this week, in their first sit-down since China’s leaders laid out their longer-term economic priorities at a …
Beijing admits Hong Kong-flagged ship destroyed key Baltic gas pipeline ‘by accident’
Beijing has admitted that a Chinese-owned ship damaged a critical Baltic Sea gas pipeline running between Estonia and Finland last October, but says it was an accident. The South China Morning Post …
China Market Update: KE Holdings Beats, China “Tech 8” Forms Bullish Pattern
Mainland China had a lackluster day on the lightest volumes in a year, as both Shanghai and Shenzhen continue to sit at support levels. Most Mailand financial news was about the PBOC trying to cool…
Tough-on-China bills could get a vote next month
The House could vote on several China-related measures next month during a so-called China Week, aimed at building bipartisan consensus on how to respond to threats posed by Beijing. — Republicans are …
China’s treasury market rattled as central bank squares off with bulls
Chinese government bonds fell sharply on Monday following a turbulent week in which the central bank started intervening heavily to stem a plunge in long-dated yields even as the economy is struggling …
Inside the U.S.’s long, slow plan to undercut China on clean energy
Last year China invested more than $92 billion through its Belt and Road Initiative, according to the the Green Finance & Development Center at Fudan University in Shanghai. In contrast, the …
China couple seek loan from bank, manager allegedly demands sex from wife, then beats them
A husband and wife in China who went to see their bank manager about a loan have accused him of asking the woman for sex and beating them up.
South China Sea: Beijing ‘wary’ as Japan deepens defence ties with Vietnam, Philippines
Beijing will have been on alert amid a recent spate of military engagements between Japan and several Southeast Asian countries that China has disputes with in the Sea, according to observers. And …
Multinationals sound alarm over weak demand in China
World’s second-biggest economy is slowing, appetite for foreign brands has weakened and local competition is intense …
Multinationals sound alarm over weak demand in China
World’s second-biggest economy is slowing, appetite for foreign brands has weakened and local competition is intense …
China cracks down on decades-old unpaid taxes amid mounting debt crisis and budget shortfalls
Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis. More than …
