Financial Times analysis shows FDI tumbled 34% in September after recording double-digit falls every month since May
FINANCE
China policy bank steps up support for information infrastructure
BEIJING, Oct. 29 (Xinhua) — China Development Bank, one of the country’s policy banks, extended over 13.1 billion yuan (about 1.82 billion U.S. dollars) of loans to the information infrastructure and …
China’s cross-border RMB use up 24 pct in January-September
BEIJING — Cross-border renminbi (RMB) payments and receipts expanded 24 percent year on year to 38.9 trillion yuan ($5.42 trillion) in the first nine months, playing an improved role in serving the …
China Names Lan Foan as Finance Minister
Lan, 61, succeeds Liu Kun as finance minister, China Central Television reported yesterday, citing a decision made by the Standing Committee of the 14th NPC made on the same day.
IFC says China could lead US$3.5 trillion global efforts to make construction industry chains greener
China, which has the world’s largest buildings construction industry chains, has the potential to lead the world in decarbonising the sector over the next decade, according to new research by the …
RMB clearing bank to further facilitate China-Laos trade, investment
A renminbi RMB clearing bank has opened in Laos making it easier for businesses and financial institutions in China and Laos to carry out cross-bor …
The Command & Control Of China’s Stock Market, Week In Review
Asian equities ended the week on a positive note as Hong Kong and Mainland China outperformed while the Philippines and Singapore underperformed.
China and US hold first financial group meeting, will ‘deepen economic relationship’, Treasury Secretary Janet Yellen says
Financial group meeting on Wednesday followed the first Economic Working Group meeting on Tuesday, with US Secretary of the Treasury Janet Yellen saying the US and China ‘have had a set of very …
Now China Faces Commercial As Well As Residential Real Estate Problems
Office building vacancies jump and rents fall, raising questions about the finances of a new range of property developers and so also China’s economic prospects.
Banking: the real China opportunity
Global banks spent years trying to make China’s vast market work for them, mostly in vain. Today, though, China’s manufacturers are investing in Europe and the US and turning to Western lenders for …
Top China bank ICBC posts flat Q3 profit
Industrial and Commercial Bank of China Ltd (ICBC), China’s largest commercial lender by assets, on Friday said net profit grew 0.03 per cent year-on-year in the third quarter.Profit was 94.93 billion …
China’s new gov’t bonds to lay foundation for economic well-being in Q4, next year
China’s additional 1-trillion-yuan (about 139.3 billion U.S. dollars) government bonds to be issued in the fourth quarter could expand effective demand and help put economic growth off to a good start …
Amid Looming Economic Crisis, Xi’s Warning to China’s Central Bank | Vantage with Palki Sharma
Amid Looming Economic Crisis, Xi’s Warning to China’s Central Bank | Vantage with Palki Sharma Chinese President Xi Jinping reportedly made his first known visit to Beijing’s central bank. This comes …
