BEIJING – China’s non-financial outbound direct investment (ODI) reached 640.38 billion yuan in the first 11 months of the year, down 2.9 percent year-on-year, official data showed Thursday. In US …
FINANCE
Challenges tackled with financial innovation
“There has been some notable innovation in the fiscal mechanism in the past two years, and we, as researchers, believe these changes will be conducive to China’s long-term healthy growth, particularly …
China high-yield bonds are getting ‘pretty close’ to bottoming, says CIO
Monica Hsiao of Triada Capital says China high-yield bonds, which have been hit hard by the real estate debt crisis, may bottom out in the first half of 2022.
Year-ender: Major financial events in 2021
China has made efforts to build up a multi-level capital market in 2021, with financial sector further liberalized. Market regulation and supervision has been enhanced to crack down on illegal …
China’s Testing, Inspection, and Certification Market Size is Anticipated to Reach USD 64.9 Billion by 2028 Expanding at a CAGR of 7.1%
The “China Testing, Inspection, and Certification Market Size, Share & Trends Analysis Report By Service Type (Testing, Inspection, Certification), By Sourcing Type (In-house, Outsourced), By …
China company JD.com sinks, Crocs stock tanks on acquisition news, Nikola pops
Yahoo Finance’s Ines Ferre details several of the trending stocks, including JD.com’s drop due to Tencent selling off a portion of its stakes, Crocs acquiring footwear brand Heydude, and the first …
Chinese Central Bank Slashes Main Interest Rate Amidst Economic Pressure
On Dec. 20, the People’s Bank Of China (PBOC) announced a five-basis point cut in its one-year Loan Prime Rate (LPR), taking it from 3.85 percent to 3.80 …
Banking veterans back China-focused tech start-up
Lord Rothschild and Sir Simon Robey are among investors in the new company that invests in Chinese and Korean tech firms …
Hong Kong to let MPF invest in China sovereign, policy bank bonds
Hong Kong will allow the Mandatory Provident Fund to invest in China’s sovereign and policy bank bonds. Each of the roughly 320 MPF funds will be able to allocate up to 30% of their total…
China’s Economic Growth Likely To Face A Downturn In 2022, Says World Bank
China: According to World Bank, China’s GDP is expected to expand by 8 per cent this year, a figure that is lower compared to the previous year’s forecast.
China Is Poised to Retain Worldwide Box Office Crown, While Decoupling From Global Film Industry
China will be the world’s largest box office market for the second year running, overturning the decade-long rankings and staying ahead of the North American market as it did in for the first time in…
China’s non-financial outbound direct investment down 2.9 pct in Jan.-Nov.
China’s non-financial outbound direct investment (ODI) reached 640.38 billion yuan in the first 11 months of the year, down 2.9 percent year on year, official data showed Thursday. In U.S. dollar …
China’s Local Gov’t Bond Issuance May Stay Above USD628 Billion Next Year, Experts Say
In the context of stabilizing the economy, the scale of new local government bond issuance in China is expected to continue to remain at a high level of more than CNY4 trillion (USD628 billion) next…