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 …
Tagged By banking
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 …
U.S.-Listed China Firms Get Boost as State Funds Buy Stocks
READ: China State Funds Are Said to Buy Stocks to Stem Worsening Rout (1) The buying by China’s so-called “national team” comes as the domestic stock market reopened for trading after being closed for …
China to Issue Sweeping Standards for Fintech, Digital Currency
China’s regulators outlined plans to establish sweeping new standards for the financial industry, covering digital currency, cross-border yuan settlements, green finance and fintech. The People’s Bank …
Why China’s digital yuan is only seeing ‘very modest’ usage: Expert
He joined Yahoo Finance Live to discuss China’s state-backed digital yuan, the U.S. digital dollar debate, and what it would mean for the Federal Reserve to enter the realm of digital currencies.
‘It’s a big joke’: Winter Olympians complain about conditions in Beijing
Discontent is rising at the Winter Olympics in Beijing amid a series of complaints from athletes surrounding conditions at the Games, with one speed skater from Poland hitting out at “joke …
China ‘encroaching across border into Nepal’, according to leaked government report
China has been accused by Nepal of encroaching into its borders in a leaked report, joining its neighbours India and Bhutan in voicing concerns about the Asian giant’s territorial ambitions …
Beijing Winter Olympics 2022 day four – as it happened
All three of The Netherlands’ gold medals so far have been in the speed skating, banking a one-two of their own in the … This is the last of the live action in Beijing so…
China central banker calls for crackdown on unlicensed online financial firms
and strictly pursue criminal and civil responsibility,” Sun wrote in China Finance, a PBOC publication. Sources told Reuters in December that Chinese officials were planning to ban online brokerages …
$350 Billion Bill Is The Wrong Way To Boost U.S. Competitiveness With China
The House of Representatives and the Senate have each passed megabillion-dollar bills, ostensibly, to boost our competitiveness with China. The two chambers will … of dollars for government …
