China which has lent nearly 1 trillion USD to some 150 developing countries is itself facing a ‘debt bomb’ at home, compelling Beijing to be reluctant in cancelling large debts owed by countries …
FINANCE
China C.bank extends policies for financial support of real estate market
China’s central bank on Monday extended its policies to support the real estate market to the end of 2024. The aim is to increase financial support to ensure home delivery, the People’s Bank of China…
Goldman Analysts’ Bearish China Bank View Draws Fresh Criticism
A bearish research report on Chinese banks by Goldman Sachs Group Inc. has drawn fresh criticism from one of the nation’s biggest lenders after receiving backlash from a state media.
China wants US to take action over trade concerns
Beijing conveys concerns over economic sanctions to US Treasury chief during her maiden 4-day visit to China – Anadolu Ajansı …
Chinese women economists who met Janet Yellen on Beijing trip called traitors and ‘American spy’ online
While the Treasury department skipped identifying attendees from the meeting on Saturday, a group photograph of the gathering posted to China’s Twitter-like Weibo was used to identify some …
Yellen says Biden administration might ease curbs on tech exports to China when they have ‘unintended consequences’
Treasury Secretary Janet Yellen speaks during a news conference at the U.S. Embassy in Beijing, on July 9, 2023. Mark Schiefelbein—AP Treasury Secretary Janet Yellen on Sunday said she agreed …
China Might Turn Yen At 160 Into Another Crisis
The real issue is whether Beijing views the yen’s plunge as a rationale for depreciating the yuan as Chinese growth flatlines.
Yellen’s Beijing trip: China hopes U.S. to lift tariffs, relax export controls
China hopes the U.S. side will take concrete actions to respond to China’s major economic concerns, including lifting tariffs and relaxing export controls.
China fund managers cut fees after pressure from regulator
Fund houses were responding to a weekend statement from the China Securities Regulatory Commission (CSRC), which pledged to “guide the mutual fund industry to start fee-charging reform in a steady and …
China urges ‘practical’ U.S. action on sanctions after Yellen talks
China on Monday called on the U.S. to take “practical action” in response to its “major concerns” about sanctions on Chinese firms, after U.S. Treasury Secretary Janet Yellen wrapped up more than 10 hours of…
Yellen holds candid, constructive talks, asked to address China’s concerns on economic suppression: Finance Ministry
US Treasury Secretary Janet Yellen concluded her four-day China visit on Sunday following candid, pragmatic, in-depth and constructive. During the talks, the Chinese side expounded the mutually beneficial nature of China-US economic ties,
China calls on US to take ‘practical actions’ over sanctions
China called on the U.S. to take practical actions in response to its “major concerns” over economic sanctions the Whitehouse has applied on Chinese firms and agreed to keep channels of communication open,
European Chamber of Commerce urges Beijing to extend expat employee tax breaks for housing, education amid fears of exodus of talent
It is estimated that a foreign company would pay an extra US$110,800 in taxes for a foreign employee with two children if the exemptions were scrapped ‘The Chinese government is advised to address the matter…
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