In the modern media era, we tend not to pay much attention to international affairs, and when we do, it’s generally in search of ammunition to use in domestic political battles. So you might be…
Tagged By banking
China’s central bank faces mounting calls for surprise rate cut
China’s central bank is facing mounting calls to cut interest rates as fresh coronavirus outbreaks threaten to upend the recovery in the world’s second-largest economy.
TIAN RUIXIANG Holdings Ltd Partners with Beijing Puyuan Technology Co., Ltd. to Develop Intelligent Sales and Customer Service Systems
TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the “Company”), a China-based insurance broker, announced today it has entered into a strategic cooperation agreement (the “Agreement”) with Beijing Puyuan …
Hedge Fund Winners and Losers of China’s Sudden Crackdown
A meltdown in Chinese stocks last month caught at least half a dozen Asia-based hedge fund managers flat-footed, leaving them nursing losses and pondering Xi Jinping’s next move.Franchise Capital, …
Global financial giants expand footprint in China amid further opening-up
File photo shows the entrance of the China Securities Regulatory Commission in Beijing, capital of China. (Xinhua/Li Xin) BEIJING, Aug. 13 (Xinhua) — Foreign-invested financial institutions are now …
Yuan steadies ahead of Fed minutes and Beijing’s policy signals
China’s yuan was largely flat against the dollar on Friday and looked set for a marginal weekly gain, as market participants awaited next week’s Federal Reserve minutes and Beijing’s policy signals …
China’s regulatory crackdown highlights push toward financial stability and consumer protection
Paul Lukaszewski of Aberdeen Standard Investments says China’s regulatory crackdown on the property sector, for instance, is to ensure real estate companies reduce their debt levels and maintain …
The Hedge Fund Winners and Losers of China’s Sudden Crackdown
A meltdown in Chinese stocks last month caught at least half a dozen Asia-based hedge fund managers flat-footed, leaving them nursing losses and pondering Xi Jinping’s next move.
China’s Credit Expands at Slowest Pace Since February 2020
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China added new credit at the slowest pace since February 2020 when the nation was in the depths of the…
China’s tech giants generate billions for investors — but small businesses are being squeezed
Investors in Chinese companies have been caught off guard by Beijing’s actions against homegrown tech giants, including comments on overseas-listed shares.
Australia chides China over journalist’s yearlong detention
The Australian government said Friday that it remained seriously concerned about the welfare of a Chinese-born Australian journalist a year after she was first detained in China. Foreign Minister …
China’s outstanding total social financing up 10.7% y/y at end
China’s outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, rose 10.7% to 302.49 trillion yuan ($46.6 trillion) at the end of July from a year earlier, …
Economic Watch: Green finance high on China’s agenda to achieve carbon neutrality
The timely loan is just one example of China’s booming green finance services. The Industrial Bank has been looking to green finance for a decade and a half, and was the first in China to…
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