China has cancelled the financing and construction of dozens of overseas coal-fired power plants in line with a pledge made last September. A report on coal financing by the Global Energy Monitor, …
FINANCE
China’s demand for our iron ore stalls, sending the price for our biggest earner spiralling
WA’s iron ore miners are ramping up production with new mines, but with the commodity price falling, is it worth it?
Foreigners Pulled $8.8 Billion From China’s Markets Last Month
Foreign investors pulled $8.8 billion from Chinese financial markets last month as stocks slumped, according to estimates from the Institute of International Finance. Outflows from China’s equity …
China’s Digital Yuan Works Just Like Cash—With Added Surveillance
China launched its first pilots of digital cash in 2019 … the US could fall behind in financial innovation or lose some of its influence over global finance. At a US congressional hearing in May,…
China Expands Financing Tool That Can Support Ailing Developers
China expanded a key financing support program designed for private firms including real estate companies, a move that promises to help developers sell more bonds and ease their liquidity woes. The …
China, Russia to drive 10% default pain for ‘junk-rated’ EM firms – JPMorgan
China’s battered property sector is forecast to have another … article with gallery 12:13 PM UTC COP27 COP 27 Developing countries need $1 trillion a year in climate finance -report, article with …
Cannot do more to help: China on financial aid to Pakistan
Pakistan had been engaging with China and Saudi Arabia for financial support, including rolling over maturing loans as part of arrangements for about $35 billion in putouts against debt and liabilitie …
China to Expand Bond Financing by Private Firms, Including Developers
The debt financing tools, dubbed “the second arrow” and supported by People’s Bank of China’s refinancing, were launched in 2018. The National Association of Financial Market Institutional Investors …
Nvidia’s New Chip May Sidestep US Ban On China Exports: What Investors Need To Know
Nvidia Corporation (NASDAQ: NVDA) may have found a workaround for the China export ban announced by the U.S. government in late August. What Happened: Nvidia is offering a new chip, dubbed A800 …
China To Support Proposed Debt Treatment Process Of Sri Lanka
China has assured support to the proposed debt treatment process of Sri Lanka. The assurance was given during a meet …
Chinese Government Takes Stake in Kuaishou, Short Video Rival to TikTok
The Chinese government is understood to have taken a small but significant equity stake in Kuaishou, China’s second largest short video platform and a direct rival to Douyin, the Chinese half of …
China offers major financial bailout to Pakistan
Describing Pakistan as its all-time friend, China has talked about improving the economic situation in the flood ravaged country …
In a world on the edge of a new cold war, abandoned G2 concept for China-US ties may find its moment in the sun
As Obama became US president in 2009, G2 was held up as a way to redefine US-China ties as a comprehensive partnership to avoid a ‘clash of civilisations’ Amid uncertainty of post-pandemic disorder it …
