(US$13.47 billion) this year, city officials said at a municipal meeting on Wednesday. The new bonds, which include 14.9 billion yuan in general bonds and 75.9 billion yuan in special purpose bonds, …
FINANCE
Beijing Gives Seniors Free Medical Insurance for Vaccination
Beijing is rolling out an insurance plan for vaccine-hesitant seniors, its biggest step yet to get its most vulnerable residents inoculated to a level that will allow China to start pivoting away from …
Investigation after Beijing man dies ‘waiting for Covid-delayed medical care’
The director of an emergency medical centre in Beijing has been suspended after a 32-year-old man reportedly died after waiting for an ambulance delayed because of Covid-related restrictions. The …
China’s Lending Policy Could Trigger New Debt Crisis – Germany’s Scholz
A lack of transparency in China’s lending poses a threat to developing and emerging countries and could trigger a new debt crisis, German Chancellor Olaf Scholz said on Friday. “It really is a serious …
Republican senators want to ban Apple and Google from hosting apps that accept China’s digital yuan stablecoin
Marco Rubio and Tom Cotton are two sponsors of a bill that would bar Apple and Google from hosting apps that accept digital yuan as a form of payment.
Germany denies VW China investment guarantees over human rights concerns – Der Spiegel
China denies the allegation … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world …
China’s Foreign Minister Visits Kiribati, Where Fishing Ground Is at Stake
China’s foreign minister on Friday arrived on the remote Pacific nation of Kiribati, where the future of a vast fishing ground is at stake. The planned four-hour visit by Wang Y …
Red China’s Impact on Asia
Peking itself is not now receiving any financial aid from the Soviet Union in the form of either grants or long-term loans. It is also worth noting that the total foreign aid which Peking plans…
China, Australia vie for influence, as Beijing touts vision for the Pacific
As China launched a high-level diplomatic mission to build its influence in the Pacific islands, Australia’s new government responded with one of its own, promising to bring “more energy and resources …
China completes opening up bond market in bid to woo foreign investors
China will open up the final corner of its onshore bond market to foreign financial institutions as Beijing attempts to reignite global interest in renminbi debt in the face of a severe economic …
China completes opening of its bond market to foreign investors
China will open up the final corner of its onshore bond market to foreign financial institutions as Beijing attempts to reignite global interest in renminbi debt in the face of a severe economic …
China waives student-loan interest, defers repayment for 2022
China has issued a circular on waiving this year’s interest of government-subsidized student loans and allowing the deferred repayment of loans, the Ministry of Finance said Friday. College students …
China stocks rise on hopes around stimulus, better ties with U.S.
SHANGHAI — China stocks rose on Friday as investors looked ahead to stimulus measures to aid growth, while comments by a U.S. official on China were interpreted by some as positive. We apologize, but …
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