Shanghai, the commercial and financial hub of mainland China, has further relaxed its home purchase policy, following Beijing’s lead to rejuvenate the nation’s sluggish property market.
FINANCE
This Is the End of China’s Once Mightiest Property Firm
China Evergrande, set to be delisted from the Hong Kong Stock Exchange on Monday, leaves behind a giant pile of debt and long line of desperate creditors.
China’s New 30-Year Bond Draws Highest Yield Since December
China’s 30-year government bond auction fetched the highest yield since December, reflecting pressure from stronger demand for risk assets and the resumption of a tax on certain debt investments.
ING and Bank of Beijing to pump $448 million into digital banking joint …
Total investment for the JV will be 3 billion yuan ($448 million), in which ING will hold 51% and the Beijing Bank will hold a 49% stake. If approved, it will become China’s first commercial…
Pakistan plans to betray China, set to replace Beijing with Asian Bank for Railway funding, Shehbaz Sharif likely to…
According to a Reuters report, USD 6 billion of Chinese investment was planned for the revival of 1,800 kilometers (1,118 miles) of railway in Pakistan.
Bank of Beijing taps Accuity for AML
In addition, Bank of Beijing will be employing Compliance Link’s ability to screen information in its databases and transaction systems held in Chinese characters against caution lists in Chinese …
China expands into digital currencies to promote use of its ‘people’s money’
AP Business Writer CHINA has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the …
ADB to back Pak rail upgrade as China financing stalls
The ADB is in advanced talks to lead the financing of a $2 billion upgrade of a 500-km stretch of the railway line from Karachi to Rohri in the country’s south that had previously been…
China Construction Bank to Host 2025 Interim Results Presentation
China Construction Bank ( (HK:0939) ) has provided an update. China Construction Bank Corporation has announced the convening of its 2025 Interim Results Presentation, scheduled for August 29, 2025.
Bank of China Announces Dividend Distribution for Domestic Preference Shares
Bank of China ( ($HK:3988) ) has shared an update. Bank of China Limited has announced the approval and upcoming distribution of dividends for its …
Nvidia talking to Trump admin. about new China chip
Nvidia is working with the US government to bring a follow up to its H20 chip to China, CEO Jensen Huang told reporters while traveling in Taiwan. The new chip would be based on N…
China’s economic data is famously unreliable—and could be a warning if Trump meddles with the Bureau of Labor Statistics
Beijing “is really intolerant of economic instability, and so everything gets smoothed,” says Derek Scissors of the American Enterprise Institute.
Pakistan set to get ADB finance for rail upgrade that China was to fund but didn’t
The Asian Development Bank is set to fund a $2B upgrade of Pakistan’s Karachi-Rohri railway, supporting the Reko Diq copper mine after Chinese delays.
