Human society is now in a stage of rapid development amid all manner of uncertainties. On the one hand, state-of-the-art technologies such as artificial intelligence, gene therapy and digital …
Tagged By banking
China’s growing market for NFTs, metaverse could foster new money-laundering schemes, central bank official warns
That has prompted plans to establish a new regulatory framework for NFTs and the metaverse to operate in mainland China.
Global financial crash fears as China steps in to take over Evergrande’s football stadium
GLOBAL financial crash fears have escalated yet again after the Chinese authorities were forced to take over debt-ridden property giant, China Evergrande’s football stadium project.
EHang Reports Third Quarter 2021 Unaudited Financial Results
Financial and Operational Highlights for the Third Quarter … as more expert meetings were held between the Civil Aviation Administration of China (“CAAC”) and EHang.
Could China’s Massive Public Debt Torpedo the Global Economy?
China might be the creditor to the world, but it is also riddled with debt. Between public and corporate debt, China is one of the most indebted large …
China Funds Coal Plants In Bosnia & Herzegovina Amid Vow To Lower Carbon Emissions: Report
China has decided to move forward to finance coal power plants in Bosnia and Herzegovina, in spite of emphasising it’s pledges to reduce carbon emissions.
China advisers to recommend lower 2022 GDP target as headwinds grow – sources
Advisers to China’s government will recommend authorities set a 2022 economic growth target below the one set for 2021, giving policymakers more room to push structural reforms amid growing challenges …
China’s Kaisa Struggles for Relief From Bond Holders as Default Risk Looms
Chinese developer Kaisa Group Holdings Ltd is unlikely to win bondholders’ approval to extend the maturity of a $400 million bond due next week, analysts say, heaping more pressure on other indebted …
The WTA’s hundred-million-dollar statement to China
In total, the WTA planned to host almost a dozen tournaments in China annually. In 2019, according to WTA figures, those tournaments accounted for over $30 million in prize money. The WTA could, in …
China’s yuan off 6-month high after weaker-than-expected fix
China’s yuan on Thursday eased from a six-month peak against the dollar hit a day earlier, as a weaker-than-expected official guidance discouraged investors from chasing the currency further. SHANGHAI …
China’s Role In U.S. Inflation Won’t Be Transitory
U.S. consumers got used to inexpensive Chinese-made goods. They’re no longer cheap, but the buying hasn’t slowed. A few words from the Fed won’t bring the prices down.
China’s central bank conducts 100b yuan of reverse repos
China’s central bank on Wednesday injected 100 billion yuan ($15.7 billion) into the financial system via reverse repos. The interest rate for the seven-day reverse repos was set at 2.2 percent, …
China signals cuts in loans to Africa after reduction of financing pledge
China has signalled a reduction in loans to Kenya and other African countries in coming years after it cut financial commitment to projects in the continent as much as a third in the next three…
