China is willing to deepen its relationship with Russia in all levels and any attempt to block the progress of the two nations will never succeed, China’s senior diplomat Wang Yi said on Thursday.
FINANCE
China Says Private Developers’ Bond Sales Should Be Supported
State-owned China Bond Insurance Co. should provide more support for private property developers’ bond sales, People’s Bank of China Deputy Governor Pan Gongsheng said.
China’s Superpower Slump
Chinese municipal taxes are on the rise and deficits are mounting. China will look to tax individuals. The Chinese real estate market is in a world of hurt.
Climate change: majority of China-backed development bank AIIB’s financing to go to mitigation and adaptation by 2025
China-backed Asian Infrastructure Investment Bank aims to allocate at least half of its annual financing to projects that tackle climate change by 2025, according to a senior executive.
1st LD-Writethru: China’s non-financial ODI up 8.5 pct in Jan.-Sept.
China’s non-financial outbound direct investment (ODI) reached 567.19 billion yuan in the first nine months of the year, up 8.5 percent year on year, official data showed Thursday. In U.S. dollar …
China’s central bank issues 2023 commemorative panda coins
China’s central bank, (PBOC), issued a set of commemorative coins featuring giant pandas on Wednesday. The set has six common coins and eight refined coins. The 14 gold and silver coins that make up …
China-backed AIIB warns governments not to panic-build fossil fuel power stations
The China-backed Asian Infrastructure Investment Bank (AIIB) has warned governments against building new fossil fuel power stations out of panic during the current global energy crisis, saying such …
China’s Foreign Trade Faces Rising Risk of Slowing External Demand in Q4: Commerce Ministry
China’s commerce ministry said on Thursday that the risk of slowing external demand is expected to increase in the fourth quarter and its foreign trade development is facing rising uncertainties. As …
‘Spending spree’: Senators push Hunter Biden prober over China-tied bank docs
Republican Sens. Chuck Grassley and Ron Johnson gave the federal prosecutor probing Hunter Biden a little nudge Wednesday — sending him more than 200 pages of bank records showing millions …
Tesla’s China price cut plays offence and defence
Tesla’s is a double-edged sword. The $700 billion carmaker says lower production overheads prompted it to lop up to 9% off the cost of new vehicles in the country. But it also smacks of a…
Hong Kong Finance Chief Contracts Covid Ahead Of Banking Summit
Hong Kong’s finance chief could have to miss an upcoming global banking summit in the city, after his office revealed Thursday he had tested positive for the coronavirus. City authorities are eager …
CX Daily: China to Support Domestic Share Trading of Foreign-Invested Companies
Listings / China to support domestic share trading of foreign-invested companies. China will promote foreign investment with a focus on manufacturing to further expand capital inf …
US not taking China threat seriously enough, expert warns: ‘We’ve been very naïve’
CHINA’S ECONOMY FACES HURDLES AS XI JINPING HEADS INTO PARTY … are expected to head to Hong Kong next month to attend the Global Financial Leaders’ Investment Summit. “It’s a cow tow by Wall Street,…