The surge in bank demand for bankers’ acceptance bills (BABs) in December 2021 should prove temporary, and is not likely to presage weakness in more traditional lending activity over 2022, says Fitch …
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Fitch Rates Beijing Gas’s Proposed USD Notes ‘A’
Fitch Ratings has assigned Beijing Gas Group Co., Ltd.’s (A/Stable) proposed US dollar notes a rating of ‘A’. T …
China Moves to Give State Firms More Power: Evergrande Update
There’s growing evidence that China is encouraging state-owned developers to take market share from stressed rivals to limit the spread of contagion.Most Read from BloombergCypriot Scientist Says Delt …
China probes head of top life insurer in anti-corruption campaign
China’s top anti-graft watchdog placed the chairman of Co. Ltd., one of the country’s largest insurers, under investigation, the most senior finance industry executive caught up in an anti-corruption …
Over 30 firms on China’s new third board unveil 2021 performance estimates
More than 30 companies listed on China new third board or the National Equities Exchange and Quotations NEEQ had released their …
Sri Lanka asks China for help amid its worst financial crisis
Chinese Foreign Minister Wang Yi on Sunday (Jan 9) met Sri Lanka’s President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, reaffirming bilateral ties before discussing tourism, …
China Moves Xinjiang Police Boss to Top PLA Role in Hong Kong
Chinese President Xi Jinping has deployed a top Xinjiang police official to command the nation’s army post in Hong Kong, raising fears Beijing is taking an increasingly hard line on security in the …
Former RBI Governor Urjit Patel appointed as Asian Infrastructure Investment Bank’s vice-president
Former RBI Governor Urjit Patel has been appointed as a vice-president of Beijing-based multilateral funding institution AIIB, sources in the bank said on Sunday. India is a founding member of the …
Urjit Patel, former India central bank governor, appointed AIIB vice president
Beijing-based Asian Infrastructure Investment Bank is a multilateral funding institution launched in 2016 with 105 approved members including Nepal.
China’s Dec new yuan loans seen lower, hit record in 2021: Reuters poll
New bank loans in China likely fell in December, although lending for the full year 2021 set a record, a Reuters poll showed, as the central bank maintained policy support for the economy. Chinese …
China’s emissions trading market likely to see expansion, rising carbon price in 2022, say analysts
The carbon price in the emissions trading scheme (ETS) could reach 65 yuan per tonne this year, up from 54.22 yuan at the end of 2021, Refinitiv forecasts However, the scheme, which has just concluded…
China’s Shocking Start to 2022 Pressures Beijing to Calm Markets
Beijing’s pledge to ensure economic stability is being tested by renewed turbulence in the nation’s financial markets, prompting officials to take more conspicuous measures in what is a politically …
China’s Shocking Start to 2022 Pressures Beijing to Calm Markets
Beijing’s pledge to ensure economic stability is being tested by renewed turbulence in the nation’s financial markets, prompting officials to take more conspicuous measures in what is a politically …
