China expelled two former officials at the banking and insurance regulator from the Communist Party and dismissed a third one from public office, as an anti-corruption campaign targeting the financial …
FINANCE
Interview: How Much Is China Helping Russia Finance Its War In Ukraine?
Maria Shagina from the International Institute of Strategic Studies (IISS) talks about China becoming the top buyer of Russian oil, whether Beijing will help Russia get access to advanced chips and …
China Banks’ Dividend Yield And Share Price Performance In 2022
Chinese banks continue to trade at cheap valuations compared to their 5-year averages, with dividend yields above 7%.
No, China doesn’t own 30 million acres of U.S. agricultural land — probably
In 2021, the U.S. Department of Agriculture reported that Chinese interests owned 190,000 acres in the United States, out of more than 37 million with known foreign ownership at the …
China panda bond market flashes economic warning sign
Only two companies have issued panda bonds in the first half: finance subsidiaries of BMW and … for new factories and other investments in China. Issuances of panda bonds have grown since …
China credits $2.3 billion loan to State Bank of Pakistan
Pakistani Finance Minister Miftah Ismail said on Friday that a loan … Foreign Minister Wang Yi and the people of China. Chinese consortium of banks has today signed the RMB 15 billion loan facility …
Xi Jinping is aware he needs Fintechs to support China’s economy
Chinese Premier slammed the weaponization of the global financial system and vowed to meet domestic growth goals and called for the healthy development of Chin …
China to provide $7.5 million in humanitarian aid to Afghanistan, foreign ministry says
China will provide humanitarian aid worth 50 million yuan ($7.5 million) to Afghanistan after it was hit by an earthquake that killed more than 1,000 people this week, the Chinese foreign ministry …
PBOC Adviser Says China GDP Target ‘Difficult’ to Achieve
Effects related to the Covid pandemic in recent months will make it challenging for China to meet its 5.5% annual growth target, a central bank adviser said, adding that pro-economy policies including …
China’s int’l investments total 9.2383 trln USD at March end
China’s external financial assets totaled 9.2383 trillion U.S. dollars at the end of March, according to figures on the country’s financial situation, released by the State Administration of Foreign …
Sunac China may miss instalment payment on 4 billion yuan bond as lockdowns pile pressure on beleaguered Chinese developer
chairman of Shanghai-based financial services group Ye Lang Capital. “The vicious cycle will continue now that business activities in some major cities have not returned to full normality yet.” Once …
SAFE Banking Act Dropped From China Competition Bill
A bill to allow financial services to businesses in the legal cannabis industry was dropped from a China competition bill after passing in the House of Representatives but failing to gain the approval …
China’s financial market sees improved capability in serving real economy: central bank
China’s financial market saw improvements in its capability to serve the real economy over the past decade, according to the central bank.
