U.S. foreign direct investment in Asean has grown to about a trillion dollars compared to USD200 billion 20 years ago.
Tagged By banking
China’s new yuan loans rise to 1.66t yuan in September
China’s central bank has pledged to make its prudent monetary policy more targeted and flexible to better adapt to the needs of high-quality development and place more focus on the efficiency of …
Investors trim short bets on most Asian FX, but stay bullish on China’s yuan
Investors trimmed bearish bets on most Asian currencies, encouraged by the reopening of tourism-reliant economies, while sentiment remained moderately bullish on China’s yuan despite signs of economic …
China urges developed countries to intensify climate change efforts
A Chinese foreign ministry spokesperson on Wednesday urged developed countries to intensify their efforts to fulfill their commitments to developing countries on climate change, to make due …
China Bank earnings rise on sustained business growth
China Banking Corporation posted a 35 percent growth in consolidated net income to P11.2 billion for the January to September 2021 period on the back of sustained core business growth and effective …
E-brokers are big reach for Beijing’s long arm
Even Beijing’s long arm has its limits. There are indications that authorities are reaching for trading apps that cater to rich investors with money abroad. Barring some extreme steps, however, these …
China’s Lenovo beats chip shortage to post 65% rise in Q2 profit
China’s Lenovo Group, the world’s biggest maker of personal computers, reported a 65% rise in second-quarter profit on Thursday and said it was able to outgrow the market by securing more components …
China urges proper data usage, stronger personal data protection China urges proper data usage, stronger personal data protection
China’s central bank governor Yi Gang on Wednesday called for fairer data use for the protection of personal information. Addressing Hong Kong FinTech Week 2021 via video link, Yi said personal data …
China’s debt-to-GDP ratio falls again, but pace of deleveraging eases as economy falters
China’s total debt as a percentage of gross domestic product (GDP) continued to fall in the third quarter, but the rate of deleveraging slowed amid declining economic output.
China’s Central Bank Says More People Are Using Digital Yuan
Officials in China said the use of the digital yuan — or e-CNY — has surged to 140 million individual accounts and 10 million business accounts.
China to strengthen personal data protection in fintech sector – c.bank head
China will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses, the country’s central bank chief said on Wednesday.
SuperFinance Publishes 2021 ESG Ratings Report for China’s Financial Sectors
SuperFinance has published its 2021 Environmental, Social, and Corporate Governance(ESG) Ratings Report for China’s banking and non-banking financial sectors, a breakthrough in the ESG data puzzle and …
China urges developed countries to intensify efforts on climate change
A Chinese foreign ministry spokesperson on Wednesday urged developed countries to intensify their efforts to fulfill their commitments to developing countries on climate change, to make due …
