China’s steel industry has pushed back its timetable for reaching peak carbon, from 2025 to 2030, highlighting uncertainties over its ability to slash emissions in the longer term. On 7 February, …
Tagged By banking
China Steps Up Stimulus With Infrastructure Bond Sales Quota
China’s government granted provinces their full allocation of special bonds to be used for infrastructure investment, a sign it’s stepping up stimulus to boost an economy overshadowed by a worsening …
China financial regulator urges support for freight logistics
China’s banking and insurance regulator has called on financial institutions to take targeted and effective measures to help the freight logistics sector tide over difficulties. The China Banking and …
China financial regulator orders support for freight logistics
China’s banking and insurance regulator has called on financial institutions to take targeted and effective measures to help the freight logistics sector tide over difficulties. The China Banking and …
China Stocks Storm Back on Renewed Policy Support Speculation
Chinese stocks bounced back in afternoon trading as foreign investors accelerated purchases and speculation mounted that policy makers will step in to support the economy. Most Read from BloombergU.S.
In the U.S., consumers are paying more for everything. In China, the inflation problem is very different
BEIJING — Persistent inflation in China narrows the window for when the People’s Bank of China can cut interest rates and support growth, economists said. Official measures of producer and consumer …
China Junk Bonds, Property Stocks Drop Again: Evergrande Update
Chinese high-yield dollar bonds declined for a second day, as a three-week rally loses steam amid a worsening Covid outbreak and fading optimism over policy support measures.Most Read from …
China’s top finance regulator supports recovery of virus-hit domestic logistics system
China Banking and Insurance Regulatory Commission (CBIRC) vowed to initiate series of fiscal policies to accelerate the recovery of domestic logistics sector during the latest omicron outbreak, the …
Draft law heralds enhanced financial safety net
The People’s Bank of China, the central bank of China, started soliciting public views on the draft Financial Stability Law last week. The draft law proposes the establishment of a financial stability …
Green finance turns thin air into money
What amazes farmer Ying Zhongdong in East China’s Zhejiang province most these days is a sort of miracle that turns local thin air into money. The fresh air in the bamboo forest area near his…
Oil Edges Higher as Investors Assess China’s Demand Outlook
Oil climbed — after sliding 4% on Monday — as investors assessed the outlook for Chinese demand following the easing of some virus restrictions in Shanghai.Most Read from BloombergUkraine Update: …
Pakistan, Sri Lanka crises lessons for countries to not fall for China’s debt trap
The over-dependence on China for economic development could be a miserable option for any country, and the latest examples of it, are Pakistan and Sri Lanka which have been facing a dire financial …
Reforming Hong Kong for the better: Economics and finance
The past few years have been extraordinarily treacherous for Hong Kong. The 2019 anti-extradition bill protests exacerbated long-standing grievances and divergences between the mainland and Hong Kong, …