The Chinese Communist Party is no longer simply trying to compete with American companies, it’s trying to eliminate them.
FINANCE
HSBC Expands Green Finance and Bond Teams in China Amid Geopolitical Uncertainties
Despite geopolitical uncertainties, HSBC Holdings, Plc (NYSE: HSBC) is building its green finance and bond teams in China after acquiring Hong Kong-based specialist asset manager Green Transition …
HSBC builds up China green finance, bonds teams in funds push
HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe’s biggest bank presses on with expansion in the…
China’s war on financial reality
As China’s economic recovery falters, authorities are cracking down on divergent or negative views. For some analysts at Western banks, who are tasked with keeping global clients informed, the …
China to sustain reasonable GDP growth, supported with normal monetary policy: central bank governor
The potential growth rate of China’s economy is expected to be maintained within a reasonable range, and the country has conditions to keep in place a normal monetary policy, positive interest rates …
China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll
China’s economy likely grew 7.3% in the second quarter from a year earlier due to a low base, but momentum is rapidly faltering, a Reuters poll showed, raising expectations Beijing will have to roll …
‘It’s time to stop!’ Fury as UK hands China almost £50million in foreign aid
Sir Iain Duncan Smith insisted it is time to stop giving China foreign aid after it emerged Britain sent nearly £50million last year. A new report by the Independent Commission for Aid Impact (ICAI) …
HSBC builds up China green finance team: report
It also mulls offering carbon offset products to customers, a source said. HSBC is building up its green finance and bond teams in China to meet surging demand, reports Reuters, based on information …
China extends financial measures for the battered real estate to the end of 2024
China’s top financial regulators announced this week that financial support measures for qualified real estate developers, taken in November 2020, will be extended through the end of 2024, in order to …
China Should Provide More Policy Support Despite June’s Better-Than-Expected New Lending, Experts Say
Even though new lending and social financing beat expectations last month, experts believe more fiscal and monetary policy support should be enhanced to counter China’s slowing recovery and boost …
Beijing transforms wholesale market into innovation zone
Beijing’s largest clothing wholesale markets near the Beijing Zoo in Xicheng district have been transformed into a national-level finance and high-tech innovation zone where many young people like to …
Beijing’s regulatory crackdown wipes $1.1 trillion off Chinese Big Tech
HONG KONG – China’s major tech companies have shed more than $1 trillion in value -equivalent to the entire Dutch economy – since the government’s regulatory crackdown on the sector …
China regulator asks banks to respond to bearish Goldman report -Bloomberg News
China’s financial regulator has asked banks to respond to a Goldman Sachs report published last week that downgraded ratings on some Chinese banks and raised questions over the whole sector, Bloomberg …
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