The Chinese government has suspended funding for energy projects in Africa as rising risks of debt distress among several African countries and Beijing’s internal economic challenges push lending to …
FINANCE
China’s Economy Beats Expectations: IMF Predicts Surprising Growth Surge!
China’s economy, a global powerhouse … improving fiscal transparency and risk monitoring at the local level to forestall the emergence of new financial vulnerabilities.
Southeast Asia will benefit from firms ‘derisking’ from China, says Bank of America
Shah Jahan of the bank says Thailand will benefit from companies moving car assembly operations out of China.
China Bank profit hits P16.2 billion in 9 months
China Banking Corp. grew its earnings by 10.2 percent to P16.2 billion from January to September versus last year’s P14.7 billion on the back of robust growth from core businesses and lower loan loss …
China’s Safest Banks 2023
Additionally, new home sales for China’s 100 largest property developers have plummeted, recording a 33% YoY decline as of the end of July. One of the country’s largest developers, Country Garden, is …
China’s economic woes cry out for Zhu Rongji’s spirit of bold reform
Pledges of reform from a decade ago have been unfulfilled or unevenly implemented, leaving China’s economy struggling to reach its full potential Leaders should look to the legacy of Zhu Rongji, who …
China owed more than $1 tn in BRI: report
China is owed more than a trillion dollars through its Belt and Road project, making it the biggest debt collector in the world, a report said this week, with an estimated 80 percent of the…
China’s He Lifeng named to key post in Central Financial Commission
One of China’s vice premiers, He Lifeng, has been appointed head of the office of the Central Financial Commission (CFC) – which is responsible for running the day to day affairs of the new regulator…
China hasn’t been this scary for investors in 25 years
Direct investment liabilities include profits belonging to foreign companies that have not yet been repatriated or distributed to shareholders, as well as foreign investment in financial institutions, according to the government. China’s main measure …
China’s first deficit in FDIs signals West’s ‘de-risking’ pressure
SHANGHAI – China recorded its first-ever quarterly deficit in foreign direct investment (FDI), according to balance of payments data, underscoring Beijing’s challenge in wooing overseas companies in …
China confirms Vice-Premier He Lifeng as head of new Communist Party finance body aimed at stronger control over sector
He attends meeting of Central Finance Commission, established in March to serve as primary planner for financial system as ruling party seeks direct control over wide range of policy areas.
Global funds dumped another $3B in China stocks in Oct -Morgan Stanley
Global fund managers sold China equities sharply in October despite further steps from authorities aimed at boosting the world’s second-largest economy, according to a report from Morgan Stanley that …
China’s Vice-premier He Lifeng to headline Hong Kong bankers’ summit, hot on heels of appointment to lead top finance body
He will participate virtually and three top mainland Chinese regulators will attend in person for the first time as the Global Financial Leaders’ Investment Summit gets under way on Tuesday, …
