China is projected to invest the equivalent of US$75 trillion (487 trillion yuan) in carbon neutrality financing over the next 30 year …
Tagged By banking
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…
Developer Shimao’s fire sale, new rating cuts keep China property on edge
Shanghai-based developer Shimao has put all its projects on sale, local media reported on Monday, and more Chinese property firms suffered credit rating cuts, leaving markets torn between hopes a …
China’s smartest students are ditching finance for tech, and prefer state jobs over the private sector
At Tsinghua, only 12.2 per cent of graduates landed jobs in banking, securities and insurance in 2021, compared with 22 per cent who opted for IT and software Students from the top schools are also…
Dunxin Financial (DXF.US) Sets Up Computing Power Investment Fund and Plans of Intelligence Computing Power Centre based on Metaverse Platform
About Dunxin Financial Dunxin Financial, established in March 2013 with headquarter in Wuhan, China, is an innovative fintech company originally engaged in business of providing loan facilities to …
GT Voice: Sri Lanka needs cooperation with China amid debt woes
During a meeting with Chinese State Councilor and Minister of Foreign Affairs Wang Yi in Colombo on Sunday, Sri Lanka’s President Gotabaya Rajapaksa asked China to restructure its debt repayments as …
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