The average payment delay in China fell to 83 days last year, according to a Coface survey, but this was almost twice as long as Japan The payment delay is higher than for firms in…
Recent Posts
Top EU diplomat Josep Borrell to visit China, ‘meet Foreign Minister Qin Gang’
Foreign policy chief Josep Borrell is due to arrive on Monday, EU ambassador Jorge Toledo tells Beijing forum China is focusing on EU ties to offset US pressure, but bloc’s ‘de-risking’ push and …
China’s Xi says countries share responsibility to promote growth, opposes decoupling
Chinese President Xi Jinping said Beijing opposes “decoupling and breaking links,” according to a CNBC translation of a Chinese-language state media readout.
Building collapses into raging China floodwaters
A weather alert is in place for large parts of central and southwestern China and thousands of people have been evacuated. A building collapsed into raging floodwaters in Chongqing. Meanwhile, in Henan province, rescuers were…
China’s choice of PBOC party chief signals financial stability worries
China’s appointment of financial technocrat Pan Gongsheng to a top political post at the central bank points to growing concerns within the country’s leadership over systemic risks in its sprawling …
The Geopolitics of Climate Change: China and the United States at the UN Security Council
There is an opportunity for the United States to call China’s bluff as Beijing calls for more climate finance but does not actually provide significant funds.
China restricts exports on key chipmaking metals
China is imposing export restrictions on two metals used in the manufacturing of semiconductors, deepening a trade conflict between Beijing and democratic nations over the all-important chips.
What are Gallium and Germanium? China curbs exports of metals critical to chips and other tech
China is restricting exports of two metals — germanium and gallium — that are key to manufacture electronics and semiconductors.
Bank of China pips HSBC in arranging Hong Kong bond deals as IPO bankers stare at Sars-era collapse
Bank of China, the nation’s largest overseas lender, overtook HSBC for the first time in more than eight years in arranging bond sales in Hong Kong, as investment bankers jostled for a slice of an…
Europe’s Top Diplomat to Visit China From July 10
Borrell will arrive on July 10 and meet Chinese Foreign Minister Qin Gang, ambassador Jorge Toledo told the World Peace Forum in Beijing on Sunday, according to an audio recording distributed by organisers on Tuesday.
China-US ties: Janet Yellen has ‘frank and productive’ discussion with ambassador Xie Feng ahead of Beijing visit
He expressed Beijing’s hopes that the US would work with China “in the … Biden also accepted Xie’s Letter of Credence. China’s finance ministry confirmed Yellen’s visit with a one-line statement and …
China beefs up financial support to stimulate small-business vitality
File photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s central bank is boosting its monetary policy tools to stimulate the vitality of …
China’s big state banks offer 25-year loans to LGFVs – Bloomberg
Some of China’s major state banks are offering local government financing vehicles (LGFVs) loans with ultra-long maturities of 25 years, Bloomberg reported on Tuesday, a move to avert credit crunch …