To ESG investors, this may not be surprising as Ping An is very much a pioneer in ESG in China. It is the first Chinese asset owner to have signed Climate Action 100+ (an investor-led…
FINANCE
Resolution of bank and property crises a priority for Beijing
Both issues are seen as threatening stability and the real economy, and come ahead of the 20th Communist Party national congress later this year Central government officials have repeatedly reminded …
Beijing Pulls COVID Isolation Tracking Bracelets After Backlash; Hong Kong Rollout Goes Ahead
While many governments elsewhere appear resigned to “sliding into the long pandemic defeat,” those in China continue to fight COVID-19 with an array of weapons including mass testing, smartphone-based …
Mortgage boycotts grow across China
The protest is part of (and now contributing to) a deepening housing crisis in the world’s second largest economy.
China’s banking woes add to recession fears
AS if the pandemic woes and the Ukraine-Russia war fallout were not enough, bad news from the Chinese real estate and banking industries added more fuel to the fear of a world recession. Bloomberg …
China-Serbia Relations Enter a New Phase
With an FTA on the way, both sides look eager to boost their cooperation to a new level. Will that also grow the latent friction in the relationship?
China’s banking crisis is a litmus test of Xi Jinping’s anti-corruption campaign
The anxiety to stash cash to tide over contingencies may also have contributed to a run on the banks, which in turn, revealed the weaknesses of these financial institutions …
Swap Connect: A new milestone in China’s financial opening-up
The People’s Bank of China (PBOC), the Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) on July 4 jointly announced a new mutual access program between the …
China says it will take ‘forceful measures’ if Pelosi visits Taiwan
China’s Foreign Ministry said there would be consequences for the United States if House Speaker Pelosi visits Taiwan.
Sri Lanka, Rajapaksas and China — A cautionary tale
The saga of Sri Lanka and the fall of Rajapaksa clan have represented before the world a cautionary tale — a lesson to not back on China at the time of crisis. Here’s an analysis.
Digital-Led and Innovation-Driven Digital Finance Forum of the Global Digital Economy Conference 2022 to Be Held on July 30
Highlights of the Digital Finance Forum of the Global Digital Economy Conference 2022. BEIJING, July 19, 2022 /PRNewswire/ — The Global Digital Economy Conference (hereinafter re …
‘My Worldview Has Been Destroyed’: Chinese Banking Scandal Tests Faith in the System
The disappearance of ordinary savers’ money, and the government’s seemingly indifferent response, could pose a major test for the Communist Party’s legitimacy.
China’s Henan bank crisis: Despite promises, banks fail to repay depositors
Despite promises that depositors in China’s Henan villages will get their frozen money back in batches with the first due on July 15, only a handful of depositors have received the payments, posing a …
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