The country is too big to sideline, according to the investment bank?s Asia CEO China is an important player on the global economic stage …
FINANCE
China Market Update: Profit Taking Rules The Day Despite NetEase And Bilibili Beating
Nvidia’s better-than-expected Q1 financial results, with India outperforming, China and Hong Kong underperforming, and Indonesia still off for Vesak Day.
China builds Xi Jinping AI chatbot to control ‘thoughts, politics and actions’ of citizens while US rivals are blocked
CHINA has reportedly immortalised President Xi Jinping and his values in the form of an artificial intelligence (AI) powered chatbot. The chatbot has been trained on the thoughts and beliefs of …
‘You Can’t Ignore’ China, Says JPMorgan APAC CEO Highlighting Beijing’s Significance In Global Economy: ‘You Have To Do Business There’
JPMorgan Asia Pacific CEO Sjoerd Leenart emphasized the significance of China in the global economy, stating that it is a country that can’t be ignored. What Happened: Leenart highlighted the growing …
China Vanke granted $2.8 billion onshore syndicated loan facility
Cash-strapped major property developer China Vanke said on Thursday it had received a 20 billion yuan ($2.76 billion) syndicated loan facility and it would continue to push forward other financing to …
China’s 30-Year Bond Sees Volatile Trade as Investors Flock to Safe Haven
The new 30-year sovereign bonds have seen volatile trade since their debut, suggesting massive appetite for safe-haven assets in China amid a crisis in the property sector.
China Vanke granted $2.8 bln onshore syndicated loan facility
Cash-strapped major property developer China Vanke said on Thursday it had received a 20 billion yuan ($2.76 billion) syndicated loan facility and it would continue to push forward other financing to …
Non-financial outbound investments rise for China
China’s non-financial outbound direct investment amounted to 343.47 billion yuan ($47.41 billion) in the first four months of 2024, up 18.7 percent year-on-year, according to data released by the …
China property: too soon to call Beijing’s rescue package a ‘game changer’, JPMorgan says
Expectations about an extended decline in home prices and shrinking incomes among wealthy families, plus jitters about the ability of cash-strapped private developers to deliver homes, will continue …
China should look to Africa to counter overcapacity claims from the West, Africa Finance Corporation chief says
China should look to Africa to diversify its supply chains and counter overcapacity claims from the West, according to the head of the Africa Finance Corporation. AFC chief executive Samaila Zubairu …
US at G7 to keep pressing China to halt its Russia military support, seeking Ukraine war stoppage
Janet Yellen expected to restate American call for firms and financial institutions in China and elsewhere to ‘cease’ backing Moscow’s defence complex.
G7 finance chiefs seek common line on Russian assets, China
G7 finance chiefs meeting in Italy this week will attempt to find common ground over how to use frozen Russian assets to help Ukraine’s war effort and how to address China’s growing export strength in…
Britain ‘cannot afford to give Beijing cold shoulder on trade’, city minister warns
City minister Bim Afolami has warned that Britain cannot afford to give the ‘cold shoulder’ to China. The comments made by the minister and MP for Hitchin and Harpenden came amid tensions between the …
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