China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna, the bank said, ahead of a visit to the West African…
FINANCE
China Vows to Deepen Graft Fight in Areas Like Finance, Energy
The Chinese government pledged to deepen its anti-corruption drive across a broad sweep of industries, including finance and energy — a sign that President Xi Jinping’s campaign against dirty …
Trump tariffs crash China’s economy to a 16-month low – BRICS allies are next
China’s renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
China’s economic stimulus measures since September
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an official policy …
China-backed hackers breached the US Treasury Department. Here’s what we know.
Chinese government hackers breached the U.S. Treasury Department. Among other things, the hackers breached the office that administers economic sanctions against countries and groups of individuals.
China Market Update: No Executive Order Means No Problem For US Investors
Asian equities were mixed but mostly higher overnight as Mainland China outperformed while Hong Kong and the Philippines underperformed.
Why China’s industrial giants won’t be damaged by the latest US blacklisting
The inclusion of Chinese companies on US blacklists is hardly new. But in recent years, the growing dominance of Chinese firms in sectors such as electric vehicle batteries and shipbuilding has …
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC, once China’s leading professional football club and a symbol of the country’s aspirations in the sport, has been dropped from the national league after a drawn-out saga related to the …
US says tech giant Tencent works with Chinese military
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China’s military. The list …
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.
China’s most successful club folds under weight of debts
Guangzhou FC, the most successful soccer club in Chinese history, disbanded on Monday due to crippling debts. The club, formerly known as Guangzhou Evergrande, has been unable to meet the Chinese …
Yellen raised serious concern about China’s ‘malicious’ cyber activity, Treasury says
U.S. Treasury Secretary Janet Yellen met virtually on Monday with Chinese Vice Premier He Lifeng and raised concerns about “malicious cyber activity” carried out by Chinese state-sponsored actors, the …
China extends fiscal interest subsidy for equipment upgrade loans
BEIJING — China’s Ministry of Finance announced on Monday that the government’s fiscal interest subsidy policy for bank loans for equipment upgrades will be extended until the central bank’s …
