“The friendship of the peoples of China and the Soviet Union is everlasting.” 1967 Sino-Soviet propaganda poster (via Soviet Visuals). The U.S. Sanctions …
Tagged By banking
China front-loads transfer payments to steady local finance: ministry
China has earmarked 400 billion yuan (about 62.9 billion U.S. dollars) of transfer payments to help local governments handle pressure from tax refunds, an official said on Wednesday. The advance …
Nickel Short Saga Raises Questions About China’s Interference in International Markets
Beijing’s bailout of a “big shot” metals billionaire is a warning about the growing influence of authoritarian regimes in the financial services industry.
Stocks Climb on Relief China Is Taking the Middle Road
Stocks markets continue to rally hard on overly optimistic peace hopes. Unwinding previously large war positioning and encouraging the joining of the ‘buy the dip’ fanatics.
China plane crash: One of two black boxes from China Eastern plane has been found severely damaged
Heavy rain is hampering the search for human remains and the second black box from the plane that crashed into a mountainside in the southern Guangxi region on Monday.
Chinese bank ups loan support for forest carbon sink capacity
China Development Bank, one of the country’s primary policy banks, has stepped up its loan issuance to help promote carbon sink capacity in the forestry sector amid the country’s push for green …
China limits concerns on Ukraine to self-interest
Nearly a month into the Russian invasion of Ukraine, the Chinese appear barely interested in the crisis. While the world has noticed Beijing’s absence from the negotiating table, that, experts say, is …
New COVID Lockdowns Bring Into Question China’s Backstop Bid For Oil
China’s decision yesterday to lockdown Shenyang as part of its core ‘zero-COVID’ strategy again brings into question its ability to continue to act as the world’s backstop bid for crude oil …
China’s special transfer payments should not serve land reserve: vice finance minister
China’s vice finance minister said on Wednesday the special transfer payments by the central government to local governments should not be used on land reserve and shanty-town redevelopment …
China expected robust economic growth in 2022. It hasn’t started out that way.
Uncertainty from the war in Ukraine, the new covid outbreak and regulatory crackdowns spooked foreign investors and slowed President Xi Jinping’s reform agenda …
China Eastern Airlines Flight 5735: world leaders express sympathy for crash victims
The crash of China Eastern Airlines Flight 5735 on Monday with 132 people on board has prompted condolences from around the world. Russian President Vladimir Putin expressed his sympathy via a Weibo …
Jointly Released by Tricor China and the Tsinghua University PBC School of Finance (Tsinghua PBCSF), ‘China Hedge Fund Report 2022’ Provides
Including an Assessment of the Market Landscape, the Boom of the Private Fund Sector, and Recommendations for Foreign Investors Looking to Leverage the Burgeoning OpportunitiesHONG KONG SAR–(BUSINESS …
China’s yuan slips to 1-week low on shrinking yield advantage, COVID concerns
China’s yuan eased to a one-week low against the dollar on Wednesday, as widening monetary policy divergence with other major economies undermined China’s yield advantage and prompted some investor …