(AP pic) JAKARTA: A contentious meeting of the Group of 20 finance leaders ended with Russia and China watering down communique language on geopolitical risks to the global economy, deleting a …
Tagged By banking
Swedish gold medallist blasts ‘irresponsible’ decision to hold Olympics in Beijing
Despite an effort from the IOC and beyond to keep politics out of Beijing, Swedish gold medallist Nils van der Poel is making a definitive statement: Holding the Olympic Games in China was …
Half-built stadiums & crumbling skyscrapers… how China’s property crash is HUMILIATING Beijing on the world stage
But Beijing has worked to curb any ricochet effect on the financial system from Evergrande’s troubles. The central bank vowed to protect consumers exposed to the housing market and inject more cash …
China’s central bank expected to keep rates unchanged this month – Reuters
China’s central bank is expected to keep its benchmark lending rate unchanged at its monthly rate-setting on Monday after the People’s Bank of China left its medium-term lending facility loans …
Beijing’s Shougang Park: How the Olympic Games Helped Turn a Steel Mill Into a Trendy Urban Area
But nearly 90 years later, ahead of Beijing 2008, the city developed an ambitious plan to fight air pollution. As a result, production was gradually halted, leaving room for the industrial site to …
Chinese financial services regulator raises alert on growing metaverse-related scams, illegal fundraising amid market frenzy
The China Banking and Insurance Regulatory Commission said criminals … popular with Chinese technology companies and a growing number of investors China’s financial services watchdog on Friday …
Rachel Homan opens up about feeling she’d ‘let everybody down’ after Beijing exit
After a chance at reaching the Olympic podium was cut short by literal millimetres, Canadian curler Rachel Homan is continuing to open up about her emotional struggles since coming home, with …
China signals more government support to stabilise economy, with a wary eye on debt ratio
China will expand government spending to offset economic pressures, but the deficit ratio needs to be set at an “appropriate” level, finance minister Liu Kun said on Friday. Beijing must “shoulder the …
Chinese scrambling for Beijing Winter Olympics commemorative coins
Despite the drizzling rain and cold weather on Friday, at least 40 people were seen queuing at a branch of Industrial and Commercial Bank of China (ICBC) in Jing’an district in Shanghai to exchange …
China Central Bank Warns of Default Risks After Climate Stress Test
The People’s Bank of China completed the first phase of climate risk stress tests at 23 major banks last year, focusing on the possibility that the three sectors would be forced to pay for their…
Soros Casts Shade On China’s Economy In Most Tantalizing Way
January 23, 2020 in Davos, eastern Switzerland. Investors don’t tend to make a lot of money betting against China’s economy. The financial pages are littered with tales of short-sellers who bet big …
Investors remain conservative on China’s stock market
It is led by Doctor Liu Jing, CKGSB Professor of Accounting and Finance, and CKGSB researcher … understanding of the capital markets in China and abroad using CKGSB’s unique theoretical …
China c.bank warns of default risks after climate stress test
Liu wrote in the bank’s China Finance publication. “The test results showed that if enterprises in the thermal power, steel and cement sectors do not carry out low-carbon transformation, their …