China listed banks saw their bad loan ratio decline in 2021 amid enhanced efforts to fend off financial risks All six state-owned …
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As Omicron lurks, China plans to stay home for the Ching Ming holiday
Most mainland Chinese are expected to stay put during the upcoming Ching Ming Festival, as China grapples with its largest outbreak of Covid-19 since the pandemic began more than two years ago. The …
China Construction Bank net profit up 11 pct in 2021
China Construction Bank one of the country largest state-owned commercial banks saw its net profit rise 1109 percent year on yea …
Surreal photos show Shanghai, a financial hub of 26 million, turn into a ghost town amid mass Covid lockdown
Shanghai under lockdown is equivalent to the populations of New York City, Los Angeles, Chicago, Houston, Philadelphia, Phoenix, San Antonio, and San Diego all being under lockdown at the same time.
China’s non-cash payments post steady growth in 2021
The non-cash payments handled by Chinese banks maintained steady growth last year, with mobile payments sustaining growth momentum, according to a central bank report. Non-cash payments, involving …
China orders millions in Shanghai to shelter in place as COVID cases surge
Shanghai is under lockdown, as COVID cases continue to surge in China’s financial capital. It is the most severe measure by the Chinese government to isolate and tract infections since it shut down …
China to drop tariffs on 12 wood and paper products imported from New Zealand
Chinese tariffs on 12 wood and paper products imported from New Zealand are to be eliminated from China’s finance ministry said the move – which covers products such as …
Experts say China-EU leaders’ meeting injects stability into global situation
European experts have spoken highly of the 23rd China-European Union (EU) leaders’ meeting held on Friday, during which Chinese President Xi Jinping met via video link with President Charles Michel of …
China to drop tariffs on 12 wood and paper products imported from NZ
China’s finance ministry said the move – which covers products such as toilet tissue and writing paper – would implement an upgrade to the free trade agreement (FTA) between the two countries. It was …
Roundup: Experts say China-EU leaders’ meeting injects stability into global situation
European experts have spoken highly of the 23rd China-European Union (EU) leaders’ meeting held on Friday, during which Chinese President Xi Jinping met via video link with President Charles Michel of …
China removes key hurdle to allow US full access to audits
China modified a decade-long rule that restricted offshore-listed firms’ financial data sharing practice, potentially removing a key hurdle for US regulators to gain full access to auditing reports of …
What China’s leaders are discussing behind closed doors
They have been extremely reluctant to disclose what was discussed at last week’s meeting – which suggests that the topics are considered to be extremely sensitive …
China to cut tariffs for New Zealand wood, paper
China has eliminated or reduced tariffs on 75 wood and paper tariff lines for New Zealand products since 2008.
