ISLAMABAD: Finance Minister Shaukat Tarin on Tuesday said that China has agreed to rollover $4.2 billion debt that was maturing this week, providing a major financial relief to th …
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China plans larger VAT rebates to boost vitality of market entities
Chinese authorities have issued a circular clarifying relevant policies to increase the scale of value-added tax (VAT) credit refunds, to support the development of small businesses and manufacturing …
Nations urged to stabilize finance sector amid risks
Expert: Possibility of global economic recession increases amid tightening liquidity, rising prices Emerging markets must step up efforts to maintain financial stability as global economic and …
Research reveals poorest nations to pay China USD 14 billion to service debts in 2022
Beijing: A new research has found that the world’s poorest nations will pay China and its lenders almost $14 billion this year in debt servicing costs.
China developer Kaisa says earnings results delayed due to lockdown, shares slide
Cash-strapped Chinese developer Kaisa Group said a lockdown in Shenzhen had meant audit work has not been completed and it would not be able to publish its financial results by March 31, sending its …
Unchecked Power of Senior Bankers Is Exposed by China Crackdown
For one week in January, Chinese state television devoted its prime-time slot to a series that detailed high-profile financial crimes by some of country’s most senior bankers. There was the former …
China Stock Market Tipped To Extend Winning Streak
The China stock market has finished higher in five straight sessions, accelerating almost 200 points or 6.4 percent along the way. The Shanghai Composite Index now rests just beneath the 3,260-point …
China launches inspection of airlines as search of crash victims continue
The Chinese aviation regulator has launched a sector-wide inspection for potential safety lapses as authorities race to search for victims and the black boxes of a commercial jet that crashed in the …
China issues local gov’t bonds worth 507B yuan in February
The value of China’s local government bond issuance stood at 507.1 billion yuan (about 80 billion U.S. dollars) in February, official data showed Tuesday. Of the total, the issuance of general bonds …
Interview: China’s economy posts healthy recovery, solid macro fundamentals, says economist
China’s economy started the year on a positive note, with the country capable of maintaining steady, healthy growth despite headwinds, a senior U.S. economist has said. “The headline manufacturing …
China-backed Malaysia megacity project struggles to gain momentum
Malaysia is pushing to reopen its economy to the world after two years of coronavirus-related border closures, but a $100bn megacity spearheaded by a Chinese developer off the country’s coast near …
Why foreign investors are feeling jittery about China
ANALYSIS: Geopolitics are only their latest concern after billions of dollars in global investors’ funds have drained away from China in recent weeks.
U.S. judge rules in favor of China’s ZTE, ending probation
A U.S. judge on Tuesday ruled that China’s ZTE Corp, a top telecommunications equipment maker, should be allowed to end its five-year probation from its 2017 guilty plea. The ruling came on the final …
