China is determined to support Honduras’ economic growth, Chinese President Xi Jinping told his Honduran counterpart Xiomara Castro in their first meeting since the Central American country switched …
FINANCE
Microsoft’s Big Footprint In China Is Out Of Step With U.S. Security Concerns
The world’s biggest software provider is a major player in the Chinese market. That entails significant challenges for U.S. security.
China’s key joint-stock banks cut deposit rates
China’s key joint-stock banks have officially announced a reduction in renminbi deposit rates, with a 15 basis points cut for three-year and five-year deposits following the recent rates adjustment by …
China, HK stocks close roughly flat as investors brace for fresh data
China and Hong Kong shares closed roughly flat on Monday as investors brace for fresh data this week, which will likely add to concerns over the economic health of the world’s second-biggest economy.
China records fewest marriages in more than three decades as population crisis looms
China last year recorded its lowest number of marriages since public records became available, furthering a nearly decade-long decline in matrimony that has coincided with falling birth rates and …
Financial opening-up keeps gathering steam
China has taken another major step in the opening-up of its financial markets with the launch of swap connect, an interest rate swap market access scheme between the Chinese mainland and Hong Kong, in …
Greater Bay Area: Prudential opens first branch in Macau, joining HSBC Life, Manulife in battle for mainland customers
The British insurer’s foray into the Macau market completes its presence in all 11 cities in the Greater Bay Area.
Top Chinese, Saudi officials vow to boost business environment as Beijing and Riyadh push for stronger economic ties
Top Chinese and Saudi officials promised to create a better business environment to support companies from both sides as Beijing and Riyadh ride the momentum of growing economic ties. At the opening …
Schroders, BNP Paribas among foreign firms rushing to tap China’s US$18 trillion wealth-management opportunity
Schroders will launch the first batch of fund products this year, company executive tells the Post, as it joins international firms such as BNP Paribas with expansion plans in mainland China’s …
China’s outstanding green loans, bonds among the top globally: central bank
As of the end of the first quarter, the country’s outstanding green loans in yuan and foreign currencies exceeded 25 trillion yuan (about 3.52 trillion U.S. dollars), while its outstanding green bonds …
Chinese policy bank increases support for transport system construction
China Development Bank one of the country policy banks has stepped up financial support for the construction of a modern transpor …
China’s state-run banks reduce interest rates on deposits: Report
China’s largest state-run banks have reduced interest rates on deposits this week to boost consumer spending. The rate cuts, the second such reductions since last year, showcase a growing concern that …
China’s “Fits And Starts” Economic Recovery Needs Private Sector Boost – Matthews Asia’s Andy Rothman
Matthews Asia investment strategist Andy Rothman has been following China’s economic boom for more than two decades, experience that makes it hard not to be optimistic about the country’s long-term …
