China has issued fresh directives to crimp the expansion of the country entertainment and tech giants including Alibaba Tencent and Bytedance owner of TikT …
Tagged By banking
China’s central bank cuts rates on standing lending facility loans to avoid credit crunch
The People’s Bank of China lowers rates on its standing lending facility loans for all tenors in an effort to “open its monetary policy took box wider” to …
British MPs call for government to take further measures against China over treatment of Uygurs
Backbenchers in Parliament call for the British government to impose additional sanctions and import blacklists to address alleged human rights abuses against Uygurs in Xinjiang.
China handles US rate hikes better with stronger yuan, financial opening-up: forex regulator
China is better placed to handle the changes in US interest rate hikes with strength in the industrial chain, financial opening-up, ample foreign reserves, and the attractiveness of Chinese assets, …
China Jo-Jo Drugstores Reports First Half of Fiscal Year 2022 Financial Results
We received 2021 China ESG Golden Awards, a Sustainability Award from Sina Finance, which recognizes our meaningful progress in delivering social and environmental benefits. The project “Healthy …
China’s economy poised to grow around 5.5%, cabinet adviser says
China will be able to achieve economic growth of around 5.5% in 2022, an adviser to the government’s cabinet said on Friday, making a rosier prediction than markets expect as recent data have pointed …
Beijing launches ‘time bank’ for volunteers to save up hours for care in their old age
The city of Beijing will introduce a “time bank” where an adult can earn credit by caring for the elderly, which can then be cashed in to receive care themselve …
China central bank signals policy easing: What it means for Singapore and Asia
Covid-19 policy and an ongoing regulatory crackdown on businesses may limit move. . Read more at straitstimes.com.
China caps weekly policy easing blitz with fresh rate cuts
China’s central bank said on Friday it has cut interest rates on another key monetary policy tool, capping off a week of easing measures that underscore official concern about a darkening outlook for …
TikTok Owner ByteDance’s Revenue Growth Slowed Last Year Amid China Clampdowns
Facing challenges at home, the Chinese social-media giant is banking increasingly on TikTok to drive growth abroad.
China Southern Asset Management Wins Innovation Award for Sustainable Development
On December 23, the 2022 CAIJING Sustainable Development Summit Forum and Evergreen Award Presentation Ceremony was held in Beijing. At this forum and ceremony, Southern Asset Management won the …
China Urges Banks to Boost Lending After Slow Start to 2022
China is quietly urging banks to increase lending after a slow start to the year, ramping up efforts to combat the weakest economic expansion since early 2020.
China Sees Smaller Spillover Impact From Fed Moves Than Before
A Chinese foreign exchange official said U.S. monetary tightening may cause less severe spillover effects than in the past, downplaying concerns about potential capital outflows as Beijing embarks on …
ADVERTISEMENT
