“We welcome the fact that the Chinese side is also committed to this in our Joint Statement, because solutions are inconceivable without China as such an important player in world politics,” German …
FINANCE
Risks China Faces Now That Its Minsky Moment Has Begun
There are significant risks that China will double down as it takes on excessive debt, invests in nonproductive enterprises, and experiences weak economic growth.
China, Germany agree to expand market access
China and Germany agreed on Sunday to expand mutual market access based on a level playing field and strengthen cooperation in the fiscal and financial areas, as strengthening economic ties could be …
China, Germany hold high-level financial dialogue, both sides committed to combatting trade protectionism
China and Germany held the 3rd China-Germany High Level Financial Dialogue in Frankfurt on Sunday, during which both sides reached consensus on 25 items for raised for discussion. The two countries …
Germany backs China’s aid bank despite Canada’s concern
After meeting China’s Vice-Premier He Lifeng in Frankfurt on Sunday, German Finance Minister Christian Lindner pledged to support the Beijing-based Asia Infrastructure Investment Bank (AIIB), the …
Germany welcomes China’s support for G20 debt restructuring framework
BERLIN, Oct 1 (Reuters) – Germany has welcomed a show of support from China for the G20 debt restructuring framework for poorer countries in a joint statement after their financial dialog in Frankfurt …
China, Germany willing to strengthen bilateral relations
Vice Premier He Lifeng (right) shakes hands with Christian Lindner, the federal minister of finance, before the third China-Germany high-level financial dialogue in Frankfurt, Germany, Oct 1, 2023.
Open up to Chinese EVs and 5G tech, Beijing’s envoy urges Berlin and Brussels
Ambassador Wu Ken says Europe should show more ‘self-confidence’ about Chinese electric vehicles and Huawei’s components.
China Development Bank steps up loan support for transport
BEIJING, Oct. 1 (Xinhua) — The China Development Bank, one of China’s policy banks, has stepped up financial support for infrastructure construction and green development of the country’s transport …
Churchill China plc’s (LON:CHH) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Churchill China (LON:CHH) has had a rough three months with its share price down 3.0%. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty…
China new home prices tick up in Sept, ending four-month decline – survey
China’s new home prices rose slightly in September, breaking a four-month decline, data showed on Sunday, as developers sped up launches to take advantage of a recent slew of support measures. Prices rose 0.
China picks former governor for finance ministry in Xi economic team shake-up
Lan Fo’an, a former provincial governor and veteran official, is expected to be named soon as China’s new finance minister, according to people familiar with the matter, as a reshuffle of top …
Does China’s Property Bust Make a Financial Crisis Inevitable?
Perhaps not—if Beijing plays its cards right. But serious damage to the nation’s prospects is still likely. A look at the problem in five charts.
