China should avoid credit contraction but also keep inflation expectations from intensifying, the 21st Century Business Herald quoted central bank policy adviser Wang Yiming as saying on Tuesday. Adds …
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China c.bank adviser urges against credit contraction -report
China Considers Shifting Huarong Stake to Sovereign Wealth Fund
China’s finance ministry is considering transferring its stake in China Huarong Asset Management Co. to a unit of the nation’s sovereign wealth fund that invests in financial companies, according to a …
China Huarong’s Worsening Bond Rout Stokes Market Contagion
China Huarong’s biggest shareholder is the country’s Ministry of Finance. “Market speculation of a restructuring with haircuts for Huarong International bondholders is heavily damaging …
U.S. Alone in Backing Japan Fukushima Water Plan Ripped by China
Sign up for the Bloomberg Green newsletter, your guide to the latest in climate news, zero-emission tech and green finance.The U.S. found itself alone backing Japan’s plan to release radioactive water …
Strong financial support lifts China’s real economy
China increased considerably the credit and loans to the … a fundamental change from the past pattern of financing the finance, money for money, which in turn tended to create financial bubbles at …
Fitch Affirms China Great Wall at ‘A’; Outlook Stable
The Ministry of Finance (MoF) directly owns more than 70% of China Great Wall and directly controls the company. The rest of the company is held by National Social Security Fund, China Life Insurance …
Fitch Places China Huarong Asset Management on RWN
Huarong Finance 2017 Co., Ltd., and Huarong Finance 2019 Co., Ltd. on RWN. The notes are credit-linked to China Huarong and Fitch’s internal assessment of China Huarong International Holdings Limited …
Global shares mostly gain as China exports rise
China reported its exports rose nearly 31% in March, in line with expectations but weaker than the 60% growth seen in the first two months of the year. The rising trade activity reflects higher demand…
Exports shielded China’s economy in 2020, but they won’t drive as much growth this year
National exports rose 3.6% last year, while China’s GDP grew 2.3% as the only major economy to expand amid the pandemic.
China’s mRNA COVID-19 vaccine may start late-stage trial in May – state media
BEIJING (Reuters) – China’s locally developed COVID-19 vaccine candidate that uses messenger RNA (mRNA) technology could start late-stage clinical trial overseas as early as next month, official media …
Trade is giving China’s economic recovery a boost
(CNN Business)China’s economic recovery is continuing to gather steam. Imports surged more than 38% last month in US dollar terms compared to a year earlier, according to customs data released Tuesday …
Experts: NASA will continue working with Russia on space despite China plan
April 13 (UPI) –Russia and NASA will continue to cooperate in space in the near future, despite that country’s intent to work with China on lunar exploration, experts on Russian space policy said.
Alibaba shares close higher after Beijing orders Ant Group to revamp business
Alibaba affiliate Ant Group was ordered to revamp its business by Chinese regulators. That, along with a 18.23 billion yuan ($2.78 billion) fine Alibaba received as a result of an anti-monopoly …
