The Greater Bay Area is expected to continue to lead the way in meeting China’s demand for capital to fund its decarbonisation push, facilitating up to US$28.29 trillion in financing.
FINANCE
Ford CEO says China main EV rival, not GM, Toyota
Chinese electric vehicle (EV) makers are its main rivals in the sector, but the company has hurdles competing on cost at a smaller scale. Read more at The Business Times.
China to expand futures opening-up in signal of financial reform
This is the latest signal sent by Chinese officials that testifies China’s determination to open up its economy, with a string of opening measures being launched in recent years, such as relaxing or …
China’s economic recovery is being held back by lagging private sector, household concerns, senior adviser warns
president of the Shanghai University of Finance and Economics. “The current policy implementation is not strong enough to support a full-scale economic recovery,” Liu told a webinar organised by the …
China is flexing its new influence over Russia, keeping Putin waiting to see if can have a new gas pipeline he desperately needs
a China policy expert at the European Council on Foreign Relations, told The Financial Times. By delaying finalizing the deal, Bachulska told the FT, China likely believes it can secure lower prices.
China’s state capitalists celebrate their soaring shares
China’s state-owned enterprises (soes … For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our weekly subscriber-only newsletter.
Beijing’s Xicheng cracks down on financial crime
including the Beijing Securities Regulatory Commission and the Beijing Banking Association, potential financial risks and criminal indications have been brought to light and resolved in a timely …
Bank of America Redeploys 40 Asia Bankers as China Dealmaking Stalls
HONG KONG (Reuters) – Bank of America Corp has told around 40 bankers in Asia to look for new roles within the organisation, a person familiar with the matter said, as it moves to control…
China Faces Looming Debt Crisis As Bad Loans Pile Up Under BRI
Several countries which have received loans from China under the Belt and Road Initiative have run into economic crisis and have been unable to repay the debts. Last year Sri Lanka defaulted. The …
China criticizes G7’s double-talk on decoupling
A passerby walks in front of the logo of the G7 finance leaders’ meeting in Niigata, Japan, on May 10. SHUJI KAJIYAMA/ASSOCIATED PRESS China has called on the Group of Seven not to abuse trade…
China and Russia compete for Central Asia’s favour
In 2022 China was Central Asia’s largest trading partner … For more expert analysis of the biggest stories in economics, finance and markets, sign up to Money Talks, our weekly subscriber-only …
Sunak speaks well to warn against China
The hand, or rather the wallet, of China is everywhere, in real estate, finance, data, software, tech. How to counter it, how to resist its overtures, especially if it comes laden with bounty, is not…
China’s interbank repo turnover hits record, market expects more easing
Yields on China’s benchmark 10-year government bonds also fell to … It has been trading below the policy rate of the central bank’s reverse repos for the same tenor in May. Borrowing cost of the…
