Months after an announcement that China will build and largely finance an $8 billion nuclear power plant outside Buenos Aires, the deal is hung up over Argentina’s demand that its engineers be …
FINANCE
Investors are still in a ‘wait and see mode’ when it comes to China, says analyst
Mattie Bekink of the Economist Intelligence Corporate Network says the country’s zero-Covid policy has “stomped on consumer and investor confidence.” …
Cost of Covid Zero is straining finances across China
Constraints on provincial spending could impede stimulus efforts for an economy that’s struggling amid the COVID restrictions and property weakness.
China Central Bank Cuts 14-Day Reverse Repo Rate, Steps up Cash Injections
China’s central bank lowered the borrowing cost of 14-day reverse repos on Monday and stepped up cash injections to counteract higher demand towards the quarter-end. The People’s Bank of China (PBOC) …
Green finance market creates opportunities for global lenders
Ltd became the first foreign institutions to get the green light to join the supporting program for emission cuts. Under the program rolled out in November last year, lenders can apply for low-cost …
Leadership has improved China’s global standing
China is facing the most immoral and unprecedented attacks from myriad quarters because of its ability to remove the obstacles to its economic growth at a time when almost all other countries are …
Cost of Covid Zero Is Straining Municipal Finances Across China
China’s attempts to stamp out Covid-19 are draining local-government coffers, posing a fresh threat to the economy and bond investors as President Xi Jinping doubles down on his zero-tolerance stance …
China exploiting Ukraine war to warn US of its threats
China is fully exploiting the Russia-Ukraine crisis to warn the United States of its threats — a classic example of “killing the chicken to scare the monkey,” GeoPolitica reports said. From China …
Tycoon running a quarter of China’s copper trade is on the ropes
China’s industrial heartlands and global merchants like Glencore Plc. Now Maike is suffering a liquidity crisis, and He’s empire is under threat. The ripple effects could be felt across the world: the …
With $968 mn of loans, India surpasses China to become largest lender of Sri Lanka
With a total of $ 968 million in loans in four months of 2022, India has emerged as Sri Lanka’s largest bilateral lender, overtaking China in the process, a media report said.
China’s chip output declines sharply due to covid lockdown, weak demand: Report
China witnessed a sharp decline in chip manufacturing in August owing to Covid restrictions and softening demand, according to a report in South China Morning Post.China’s chip output plummeted 24.7 …
China doubles down on coal burning in bid to battle energy crunch
CHINA HAS STEPPED up spending on coal in the face of extreme weather, a domestic energy crunch and rising global fuel prices – raising concerns Beijing’s policies may hinder the fight against climate …
China raises holdings of Treasuries in July, Japan cuts holdings, U.S. Treasury Department data show
China increased its holdings of Treasuries in July for the first time in eight months, while Japan reduced its U.S. government debt load, data from the U.S. Treasury department showed on Friday.