However, it looks like gold has gotten so expensive that even the People’s Bank of China is taking a break. On Friday, official data showed China’s gold holdings were unchanged in …
FINANCE
China-Russia Financial Cooperation Not Subject to Western Pressure: Media
Cooperation between China and Russia in the financial sector will not be affected by unilateral measures and attempts to interfere on the part of Western countries, the authors of the Chinese Global …
Beijing Capital-owned waste firm draws global infrastructure investors, sources say
Global infrastructure investors Actis and I Squared Capital are among companies considering bids for Beijing Capital Group’s wholly-owned Singapore waste management company ECO, according to two …
China state-owned banks sold dollars as yuan fell to near seven-month low, sources say
China’s major state-owned banks were seen selling dollars for yuan in the onshore spot foreign exchange market on Tuesday to prevent the local currency from falling too rapidly, four people with …
China’s central bank to return to gold buying as prices ease: analysts
CHINA, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs hit in May, as the fundamental case for the metal remains, …
China’s commercial banks resilient against risks: regulator
The figure increased by 269.8 billion yuan from the end of the previous quarter, further demonstrating the resilience of Chinese lenders against risks, according to the National Financial Regulatory …
China’s commercial banks resilient against risks: regulator
The figure increased by 269.8 billion yuan from the end of the previous quarter, further demonstrating the resilience of Chinese lenders against risks, according to the National Financial Regulatory …
China’s central bank to return to gold buying as prices ease, analysts say
China, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs hit in May, as the fundamental case for the metal remains, …
Broad-Based ETFs Unleashing Opportunities to Invest in China A-Shares Amid Market Recovery
GUANGZHOU, China, June 10, 2024 /PRNewswire/ — According to a recent report about market data released by the Shenzhen Stock Exchange, there are a total of 379 ETF products with a combined market cap …
GT Voice: US has no right to interfere in China-Russia financial synergy
US officials expect the Group of Seven (G7) countries to send a “tough new warning” to smaller Chinese banks to “stop assisting Russia in evading Western sanctions,” Reuters reported on Sunday, citing …
China potential intact with strong trade and wealth flows despite economic uncertainties: OCBC
The bank saw a 45% surge in the number of Greater China companies it serves in South-east Asia from 2022 to 2023. Read more at straitstimes.com.
China’s plan to sell cheap EVs to the rest of the world
The resurrection of a car plant in Brazil’s poor north-east stands as a symbol of China’s global advance — and the west’s retreat.
China probes top exec at US$1.5 trillion state-backed investment firm for graft
A top executive at a major Chinese state-backed investment company is under investigation for corruption, the government’s anti-corruption body said Sunday, as an unrelenting crackdown on graft sweeps …
