China’s broadest measure of new credit increased more than estimated in March amid strong growth in shadow banking. New loans slowed for a second month while the money supply increased at the most sluggish pace…
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China should choose ‘right timing and strength’ for monetary easing, state media says
Why China’s stock market is roaring after investors fled in 2024
China’s Ecarx in talks with VW to develop smart cars for Europe, US, CEO says
China’s massive naval ships that experts say could be used for possible Taiwan invasion spotted in new photos
China, Iran, Russia kick off talks in Beijing on Iran’s nuclear issues
State Department imposes sanctions on Thai officials after Uyghur men are deported to China
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China Credit Growth Accelerates as Shadow Banking Gauge Picks Up
Russia and China Preparing Alternative Banking Architecture
It may have arrived with little fanfare, but Russia’s SWIFT alternative has, more or less, arrived. Speaking in no uncertain terms at a meeting with Russian President Vladimir Putin late last month, Elvira Nabiullina, the…
China car dilemma: Beijing wants electric, buyers want SUVs
Government planners see electric vehicles as a sector where China can lead, and a Cabinet technology development plan issued in 2013 calls for two of the top global brands in 2025 to be Chinese. Hence…
China promotes electric cars but residents want SUVs
News reports say regulators might have agreed to lower or delay them in an updated plan due out this year, but there has been no official confirmation. China’s stand-out EV success so far is BYD…
China, U.S. working on ‘North Korea problem’: Trump
President Donald Trump asserted on Sunday that China was working with the United States on “the North Korea problem,” and his vice-president told American and South Korea service members that the North’s latest “provocation,” a…
China's first quarter growth beats expectations at 6.9%
China’s economy grew by 6.9% in the first quarter of 2017, according to official figures. The growth rate, which compares expansion with the same three months in the previous year, was slightly higher than many…
China's Ant Financial raises offer for MoneyGram to $1.2 billion
SINGAPORE China’s Ant Financial has raised its offer for electronic payment firm MoneyGram International Inc (MGI.O) and the deal was unanimously approved by the U.S. firm’s board, outbidding rival Euronet Worldwide Inc (EEFT.O). Ant, the…
Sacking of Chinese Insurance Regulator Foretells Further Financial House Cleaning
China’s powerful financial sector has officially been put on notice. Xiang Junbo, chairman of the China Insurance Regulatory Commission (CIRC), was placed under investigation for “severe disciplinary violations” last week, according to the Chinese ……
Trump says the U.S. is 'working with China' to deal with North Korea and doubles down on his position that they are NOT currency manipulators
China advocates to resolve the issue through peaceful means, and is willing to maintain communication and coordination with the US on the Korean Peninsula issue,’ according to the official statement. At a news conference the…
China to post solid, steady first-quarter growth on building boom, but debt risks loom
A strong reading could help wobbly global financial markets but add to worries that China’s government is still relying too heavily on old growth engines like stimulus and not doing enough to tackle risks from…
Sacking of Chinese Insurance Regulator Foretells of Further Financial House Cleaning
China’s powerful financial sector has officially been put on notice. Xiang Junbo, chairman of the China Insurance Regulatory Commission (CIRC), was placed under investigation for “severe disciplinary violations” last week, according to the Chinese ……
China tightens financial conditions more visibly to stem asset bubbles: CICC
A notable deceleration of China’s credit expansion indicates a more prudent monetary policy stance enabling it to address inflating asset bubbles, according to a recent report by China International Capital Corp. (CICC). Adjusted growth of…
China Raises CPEC Investment to $62b
China has again hiked its investment in the China Pakistan … fuel growth and the country is likely to achieve the GDP growth rate of 5% during current financial year. In fact, a number of…