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Tagged By banking
China Tech Stocks Face Renewed Selling as Growth Worries Mount
China’s technology stocks slumped, tracking a tumble in its U.S.-listed peers, as growth worries from the nation’s Covid Zero policies and lack of concrete measures to support the sector triggered …
China Orders Government, State Firms to Dump Foreign PCs
(Bloomberg) — China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives within two years, marking one of …
US-China tech war: Surveillance giant Hikvision faces fresh, tougher scrutiny in Washington
Washington may impose fresh sanctions on Hikvision for its alleged involvement in human rights violations in Xinjiang region, China …
International Finance Forum Calls for Global Cooperation as Inflation Continues
International Finance Forum (IFF) is urging countries and regions to work better together to fight against worsening global inflation, in a bid to bring recovery of the global economy back on track.
Are China’s Shadow Banking Regulations Contradicting Its Push for Common Prosperity?
The sector emerged for a reason: small- and medium-sized enterprises desperately need alternative sources of funding.
Iron ore price rises on optimism over China central bank support
China’s central bank said it would take monetary policy steps to help businesses hit by the covid-19 outbreak.
China’s “zero Covid” policy could have a greater economic impact than the Ukraine war
Alicia Garcia Herrero, Senior Fellow at Bruegel and chief economist for Asia-Pacific at Natixis, has recently published an article in the Asia Times where she argues that China’s “zero-Covid dynamics” …
China (Mainland) May Move To Limit Impact Of U.S. Financial Weapons
The internationalization of the RMB and its potential emergence as a major reserve currency are related but not equivalent. Click here to know …
China’s erratic policies are terrifying investors
O N MAY 3RD investors in Chinese stocks woke up to the news that Jack Ma, the co-founder of e-commerce giant Alibaba, had been arrested on national-security charges. Or so many of …
International Finance Forum 2022: Geopolitical Conflicts and Covid-19 Pandemic Blunt Efforts to Boost Global Economic Recovery
Colliding challenges have cast uncertainty over the global economy as the world continues to grapple with escalating geopolitical conflicts, rising inflation, and renewed coronavirus outbreaks, said …
COVID-hit Beijing returns to work after subdued Labour Day break
Beijing returned to work on Thursday after a five-day Labour Day holiday devoid of the usual trips across the country or lavish family dinners, as China’s capital tried to eradicate a COVID outbreak …
Industrial Bank extends 56% more loans to small businesses
The Industrial Bank Co Ltd issued more inclusive loans to micro and small businesses in 2021 to help them resolve financing difficulties amid the COVID-19 pandemic, the lender said. The bank extended …
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