Beijing Financial Court has pledged to provide more aid for enterprises suffering from difficulties in operation amid the epidemic, so as to help them get through the tough time. “We’ve also decided …
FINANCE
China central bank to support private firms, ease tech crackdown – CCTV
China’s central bank will step up support for private firms as part of steps to shore up the economy, while easing a crackdown on tech companies, Guo Shuqing, Communist party chief of the People’s …
Policies that were a ‘drag’ on China’s economy in 2022 will now support growth, says Morgan Stanley
Chetan Ahya of the financial services firm says China is likely to do well in 2023. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more…
China tightens listing guidelines to funnel funding to strategic sectors – FT
China’s stock regulator is set to stop local companies in certain sectors from listing on the country’s main stock exchanges, the Financial Times reported on Monday, citing two capital markets bankers …
Asia stocks rally on China optimism, Fed rate bets: markets wrap
Asian stocks are set to enter a bull market after US equities had their best day in more than a month on Friday, driven by China’s reopening trade and expectations of slower rate hikes. The…
Financial steps set to boost private firms
More financial products should be created to encourage spending on housing and automobiles, and financial support will be strengthened for services consumption in such areas as education and culture, …
‘National pride’ prevents China from accepting foreign COVID vaccines, SK Bioscience chief tells Financial Times
SK Bioscience Co Ltd chief executive Jaeyong Ahn said in a Financial Times interview that it is unlikely that the vaccine maker can supply COVID-19 vaccines to China amid its recent outbreak due to …
China to make monetary policy more targeted, effective: senior official
File photo shows a worker counting Chinese currency RMB banknotes at a bank in Linyi, east China’s Shandong Province. (Xinhua/Zhang Chunlei) BEIJING, Jan. 8 (Xinhua) — China will make its prudent …
China has reopened its borders to tourists after three years of COVID-19 closure
The ability of residents Hong Kong to cross into mainland is one of the most visible signs of China’s easing of border restrictions, with travelers arriving no longer required to undergo quarantines.
Hon Hai has ‘no choice’ but to offer bonuses to retain workers in China: Financial services firm
Kirk Yang of Kirkland Capital says it’s been “very difficult” to retain factory workers in China because of the Covid situation there.
China Extends Gold Buying With Fresh Flows to Central Bank
China reported an increase in its gold reserves for a second straight month, topping up holdings again after its first reported purchase in more than three years.Most Read from BloombergMcCarthy’s …
China foreign-exchange reserves rise $11 billion to $3.128 trillion in December
China’s foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other major currencies.
China’s Ant Group says founder Jack Ma will give up control
WASHINGTON (AP) — E-commerce billionaire Jack Ma will give up control of Ant Group, the leading Chinese financial technology provider he … from view for 2 1/2 months after criticizing China’s …
