CHINESE consumers remain downbeat about the world’s second-biggest economy, despite initial signs of improvement in recent activity data, a Bank of America (BofA) survey showed. Read more at The …
FINANCE
China’s Financial Regulators Unveil Typical Cases to Bolster Consumer Rights Protection
China’s New Steps to Safeguard Financial Consumer Rights In an effort to enhance the protection of financial consumer rights, China’s National Financial Supervision and Administration Commission, in …
Consumption Policies Lift Growth Stocks, LVMH’s China Revenue Up +11%
Easing auto loan policies with an emphasis on electric vehicles (EVs) sent autos higher in Hong Kong. BYD gained +1.94%, Li Auto gained +3.46%, XPeng gained +2.72%, and NIO gained +5.59%. Consumer …
A Bigger World Bank Takes on China’s Clout
Treasury Secretary Janet Yellen has been circling the world seeking to breathe new life into a 79-year-old pillar of the U.S.-led international order: the World Bank. Those efforts stem from a genuine …
‘Always with me’: elderly woman in China who carried life savings everywhere for safety in tears after US$206,000 she left on bus is found
Mainland social media has been moved by the story of an elderly woman in China who left her life savings of US$206,000 on a bus then burst into tears when her property was returned intact.
Stanford’s settlement with Justice Department shows how deep China has its claws in our universities
China expects a return on its investments in American research faculty and institutions — but so too should the American people and our elected officials.
China’s State Council Unveils Five-Year Plan for High-Quality Inclusive Finance Development
In a bid to elevate the state of inclusive finance within its borders, China’s State Council has launched a comprehensive five-year guideline. This strategic document outlines an array of policies and …
China Development Bank: BRI loans total $67.3 bln at end-September
BEIJING, Oct 11 (Reuters) – China Development Bank had issued 491.5 billion yuan ($67.30 billion) of special Belt and Road loans as of the end of September, the Chinese policy bank said on Wednesday.
China stimulus hopes, dovish Fed tone lead EM assets to two-week high
Emerging market equities and currencies hit a two-week high on Wednesday as hopes of fresh stimulus from China and a dovish shift in tone from several Federal Reserve policymakers eclipsed geopolitical concerns in the Middle…
China’s finance ministry to issue 16b yuan of treasury bonds in Hong Kong
BEIJING — China’s Ministry of Finance will issue yuan-denominated treasury bonds worth 16 billion yuan ($2.23 billion) in the Hong Kong Special Administrative Region later this month, the ministry …
Country Garden Caves to Debts as China’s Real Estate Crisis Worsens
The property giant was unable to repay a loan and signaled it would default on its debt, becoming one of the biggest casualties of China’s deepening property crisis.
Top 10 regions with China’s busiest M&A markets in Q1-3
China’s capital city Beijing grabbed second place on the list of the top 10 regions with China’s busiest M&A markets in Q1-3 period. Guangdong and Zhejiang took the third and fourth spots followed by …
China’s Country Garden warns of default again as property sales plunge
For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China’s real estate crisis is far from over.
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