China International Fair for Trade in Services (CIFTIS) concluded on Tuesday in Beijing, with fruitful achievements made during this year’s event.
Tagged By banking
China wants to cool its property market without triggering a financial and debt crisis
Warnings that China’s campaign to cool its property market will go too far are multiplying. E conomists at financial services group Nomura are calling the curbs China’s “Volcker Moment” which will …
NBC fetches $6.5 million for Super Bowl ads, nearly sells out Beijing Olympics spots
(Reuters) -Comcast-owned NBCUniversal has recently sold 30-second ads for Super Bowl LVI for a record $6.5 million, and has nearly sold out advertising slots for the upcoming Beijing Winter Olympics, …
China’s infamous ghost cities are finally stirring to life
Vast new urban districts that stood vacant are gradually gaining residents and businesses, but debts are piling up.
Expectations for near-term easing cool after China c.bank comments
Expectations for near-term easing cooled and the yuan strengthened Wednesday after comments by central bank officials the day before that China will maintain prudent monetary policy and that there is …
China’s ‘Quant’ Funds Curb Growth as Regulator Flags Risks
Tianyan Capital has become the latest hedge fund manager in China to limit the size of its quantitative investment business, after the main securities regulator advised bourses to pay attention to the …
China’s macro leverage ratio down slightly at end-June – central bank publication
China’s macro leverage ratio, which measures the economy’s overall indebtedness, stood at 274.9% at end-June, down 4.5 percentage points from the end of last year, China Finance said on Wednesday. The …
Joe Biden was asked about the China-Taliban finance link. Here’s what he said
Much of the economic leverage imposed by the US on the Taliban will be lost if China, Russia, or any other nation continues to provide funds to the new rulers in Afghanistan, political experts say.
China Property Crackdown Alarms Analysts as Economic Risks Grow
Warnings that China’s campaign to cool its property market will go too far are multiplying. Economists at Nomura Holdings Inc. are calling the curbs China’s “Volcker Moment” that will hurt the economy …
Alipay becomes first digital wallet to allow remittances between Macau and mainland China
Ant Group’s Alipay has become the first digital wallet to provide cross-border remittances between the special administrative region of Macau and mainland China’s Guangdong province, as Beijing pushes …
China may face financial contagion as developers’ loans surge
China may soon face financial contagion as the countrys property developers loans are surging due to the communist regimes recent crackdown, a media report said on Monday.
China’s central bank to inject cash into smaller businesses
China central bank will add 300 billion yuan about 4649 billion US dollars of reloan a in the next four months to support …
Chinese activist Ai Weiwei says Credit Suisse closing his foundation’s bank account
Chinese dissident and artist Ai Weiwei has said Credit Suisse told him it was closing his foundation’s bank account in Switzerland earlier this year citing his “criminal record” in China, despite the …
