CHINA’S banking sector bad loan ratio stood at 1.71 per cent at the end of 2022, down 0.09 percentage point from a year earlier, the Shanghai Securities News said on Friday (Feb 3), citing the…
FINANCE
China confirms offer to Sri Lanka of debt moratorium
China has confirmed it is offering Sri Lanka a two-year moratorium on loan repayments as the Indian Ocean island nation struggles to restructure $51 billion in foreign debt that pushed it into a …
How do I find manufacturers in China? BANK ON DAVE replies
China is having some domestic issues at the moment … vehicle business based in Lancashire and rose to fame with his BAFTA-winning television series, Bank of Dave, which saw him battle the big banks.
U.S.-China rewarming trade is half-full of hot air
U.S. Secretary of State Antony Blinken will meet with China’s President Xi Jinping during a visit to Beijing next week, the Financial Times reported on the same day, citing people familiar with the …
Beijing Lobbies US Allies Amid Push to Contain China’s Chips
China is reaching out to US allies as Washington pushes through restrictions to stuffle the Asian heavyweight. Both Japan and the Netherlands have agreed to join the US in putting curves on China’s …
China fell in EIU’s democracy index partly because of its Covid restrictions, analyst says
Fei Xue of the Economist Intelligence Unit says the country has been a laggard in terms of lifting Covid restrictions on social and economic life. Got a confidential news tip? We want to hear from…
Alexandria Ocasio-Cortez & Other House Lawmakers Paid Thousands In Campaign Funds To Chinese Foreign Agent, Financial Records Show
In a surprising development to come as tensions between the United States and China are already at an all-time high, newly released campaign finance records show AOC is one of at least four House …
China reopening spurs returns in emerging market funds
China’s reopening from punitive COVID-related lockdowns last year has invigorated growth prospects across the emerging market landscape, and investors don’t want to miss out on potential gains after …
China calls for multilateral lenders to ease Zambia’s debt burden
Beijing says these financial institutions and ‘predominantly Western commercial lenders’ hold the bulk of the African nation’s foreign debt It comes after World Bank chief David Malpass said China had …
China is paralysing global debt-forgiveness efforts
But the global infrastructure for dealing with irresponsible and unlucky economies is in crisis. China’s lending, growing for two decades, has reached a critical mass. Western financiers are in a …
China’s foreign trade faces ‘extremely severe’ environment on slowing external demand: official
China’s imports and exports are facing an “extremely severe” environment due to the surging risks of global recession and slowing external demand, Li Xingqian, an official at the commerce ministry, …
Opinion: To Capitalize on Reopening, China Needs to Rebuild Foreign Investor Confidence
Recovering the more robust levels of confidence common among foreign investors pre-2019 will now need to be the goal if China seeks to capitalize on its reopening, stabilize and grow levels of inbound …
Defence Budget Hiked 13% To Rs 5.94 Lakh Crore Amid Tensions With China
India proposed on Wednesday Rs 5.94 trillion ($72.6 billion) in defence spending for the 2023-24 financial year, 13% up from the previous period’s initial estimates, aiming to add more fighter jets …
