The People’s Bank of China (PBC), the country’s central bank, will appropriately raise risk tolerance and increase medium- and long-term loans to bolster manufacturing, and ramp up financial support …
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Singapore-Chongqing financial connectivity strengthens amid pandemic
The Monetary Authority of Singapore (MAS) said on Tuesday in a press release that the financial connectivity between Singapore and China’s Chongqing Municipality has strengthened over the past year …
Property tax concerns for China’s homeowners, buyers amid Xi Jinping’s common prosperity drive
China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality, but there are concerns about its wider …
China Slows Quant Hedge Fund Approvals as Trades Scrutinized
China is tightening approvals for quantitative hedge funds in the latest sign that officials are concerned about the potential market impact of trading driven by algorithms after a year of rapid asset …
China Ramps Up Aid to Small Firms Hurt by Economy’s Slump
China is beefing up financial support to small businesses to help them cope with a sharply slowing economy and soaring input costs. The State Council, China’s cabinet, released three documents in the …
Kuaishou Defies China Crackdown as Revenue Climbs 33%
Kuaishou Technology’s revenue increased 33%, defying China’s tech crackdown and intensifying competition with ByteDance Ltd.Most Read from BloombergAsia’s Richest Man Looks to Walton Family Playbook …
China central bank to lower corporate funding costs, aid small firms
China will keep liquidity reasonably ample and reduce funding costs, especially for small firms, a central bank official said on Tuesday, in a bid to support the slowing economy.The central bank will …
China’s Slowdown Tests Central Bank Amid Debate Over Easing
China’s marked economic slowdown in the second half of the year is testing the central bank’s policy mettle and dividing economists over whether more aggressive action is needed to avoid a deeper …
Trade Finance Market Is Booming Worldwide with Citigroup, BNP Paribas, ICBC
The Latest research study released by HTF MI “Global Trade Finance Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the …
CGTN: 30 years on: China, ASEAN upgrade ties to comprehensive strategic partnership
Since the establishment of dialogue relations 30 years ago, China and the Association of Southeast Asian Nations (ASEAN) have moved forward hand-in-hand with fruitful results in various fields, …
China’s RMBS and Auto ABS Defaults Rise in 3Q21; Delinquencies Stable
Defaults in Chinese RMBS and auto ABS increased in 3Q21 from a quarter earlier, but delinquencies remained stable, says Fitch Ratings. The RMBS annualised gross loss (AGL) index rose to 0.30% by …
China’s massive hidden debt gets stress-tested in downturn
China’s property market crunch is making it difficult for local governments to cut an estimated US$6 trillion of hidden debt even as Beijing shows more determination in cracking down on the problem.
China Concludes First-Ever Securities Class Action with a Slap-on-the-Wrist Order
In China’s first-ever securities class action, Kangmei Pharmaceuticals has been ordered to pay $385 million as compensation—just enough for 50,000 investors to recoup their losses.
