Beijing is trumpeting the urgency of its infrastructure construction push, as leaders admit that stabilising the national economy in the first half of this year will be an uphill battle. The fresh …
Tagged By banking
The future of digital banking in Asia: the ascent and impact of digital payments
According to McKinsey, China’s digital banks already have more than a 7% share … Over the next three years, the bank will disburse over RM35 billion through the platform. One of these many …
People’s Bank removed from China Embassy blacklist
Sri Lanka’s People’s Bank has been removed from the blacklist of the Economic and Commercial Office of the Chinese Embassy in Sri – Get the latest breaking news and top stories from Sri Lanka, the…
UPDATE 1-China orders suspension of some U.S. flights after COVID-19 cases
China’s aviation regulator has ordered the cancellation of more than 60 scheduled flights from the United States in recent weeks, after numerous passengers tested positive for COVID-19 after arriving …
China projects $75 trillion in carbon neutrality investment
China is projected to invest the equivalent of US$75 trillion (487 trillion yuan) in carbon neutrality financing over the next 30 year …
China steps up efforts to drive green finance
Central bank’s carbon cut tool will spur big lenders to back 2,817 companies as more than $13 billion comes into play China has seen booming growth of green finance, backed by policies and regulations …
China’s Evergrande scrambles to avoid new default, Shimao hoists ‘for sale’ sign
China’s property sector saw more drama on Monday after reports Shimao – investment grade-rated until a couple of months ago – had put all its projects up for sale, and Evergrande attempted to avoid …
China says will quicken bond issuance, spur investment – state media
China will speed up issuance of local government special bonds to help boost effective investment, state media quoted the cabinet as saying on Monday, in a bid to support a slowing economy.China will …
China Authorities Launch 3-Child Policy; Urge Party Members to Set an Example
China has again amended its family planning policies after it had scrapped its one-child policy. China is now allowing couples to have up to three children, but skepticism remains after the 2016 …
Economically Challenged Sri Lanka Asks China to Extend Loan Repayment Programs Amid Financial Crisis
The president of Sri Lanka has asked Beijing to restructure its debt repayments as part of efforts to help the South Asian country navigate a worsening …
Xinhua Headlines: Why China’s economy remains global recovery engine in 2022
China still raises hopes for a global recovery in 2022 with its strong economic resilience despite challenges and uncertainties amid the COVID-19 pandemic. A report released at the International …
Drop in Land Purchases May Signal Cash Woes for China Developers
Investors trying to identify the next batch of Chinese developers that could run into liquidity troubles should look for firms that have reported a sudden drop in land purchases relative to sales, …
China Evergrande moves from Shenzhen HQ building to cut costs
Heavily indebted property firm China Evergrande Group said on Monday that it has moved out of its headquarters in Shenzhen to another property in the city to cut costs and was still registered in the…
