HSBC’s head of global private banking in China, Jackie Mau, explains the lender’s onshore ambitions, the future of Wealth Connect, plans for new offices and how and why China differs from other …
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China issues five-year plan for financial standardisation
China’s financial regulators have issued a plan to advance standardisation of the financial sector over the 14th Five-Year Plan period (2021-2025).
China’s outstanding local gov’t debts over 30 trln yuan by end-December
China’s outstanding local government debts came in at 30.47 trillion yuan (about 4.79 trillion U.S. dollars) by the end of December 2021, official data showed Wednesday. The volume was well below the …
Economic Watch: Carbon neutrality push promises robust growth for China’s green bond market
China’s green bond market is likely to expand in 2022 and for years to come as the country is spurring investment into its pursuit of peaking carbon emissions and reaching carbon neutrality, analysts …
China’s zero-Covid policy threatens global economic growth, says Bank of Japan policymaker
The warning by a Bank of Japan policymaker follows a similar message by International Monetary Fund head Kristalina Georgieva suggesting that China reassess its approach to the virus.
Chinese authorities’ ‘half-hearted’ measures aren’t enough to support the property market: Credit Suisse
Suresh Tantia of the investment bank says China’s property bonds are likely to “die a slow death” without a “financial bazooka” from the country’s central bank or a “fiscal bazooka” from the …
China far ahead of US and West in infrastructure funding for Sub-Saharan Africa: study finds
Western nations slow to pump up investments despite ‘much rhetoric’, lead author of Centre for Global Development paper says.
China Property Shares Rise on Eased Curbs: Evergrande Update
Chinese property developers’ shares rose after regulators eased loan curbs on public rental homes. A Bloomberg Intelligence gauge of the sector gained as much as 3%, the most in about three weeks.Most …
China’s local govts issued 3.58 trln yuan of special bonds in 2021 – finance ministry
China’s net local government special bond issuance in 2021 was 3.58 trillion yuan ($562.82 billion), the Ministry of Finance said in an online notice on Wednesday. We apologize, but this video has …
China Fell Short of Trump Trade-Deal Purchase Promises
China came up more than one-third short of its purchase commitments for goods in the trade deal that the world’s second-largest economy reached with the U.S. during the Trump administration.Most Read …
HUNTER: Who thought holding Olympics in Beijing again was a good idea?
Winter Olympics in Beijing was never going to be a good idea. And yet, someone, somewhere thought that, by God, that’s the place! Hey, forget about the human rights abuses, forget about China’s …
China’s banks handle record 3.13 trln yuan of non-performing assets in 2021
China’s banking sector handled 3.13 trillion yuan (about 492.4 billion U.S. dollars) worth of non-performing assets last year, effectively reducing credit risks, official data showed. The figure saw …
China issues 5-year plan for financial standardization
China’s financial regulators have issued a plan to advance standardization of the financial sector over the 14th Five-Year Plan period (2021-2025). The authorities plan to improve standardization in a …
