The Beijing-based Asian Infrastructure Investment Bank on Wednesday downplayed concerns countries like the Philippines could fall into a debt trap, as governments continue to borrow to fund the fight … ( read original story …)
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Tencent boss to call for tighter governance on China’s internet economy: state media
Pony Ma will make the proposal at the National People’s Congress (NPC), which starts on Friday, the report said. “It is recommended to carry out government guidance and development in specific areas … ( read…
Chinese vice premier meets Swiss finance minister via video link
Chinese Vice Premier Liu He met with Swiss Federal Councillor and Finance Minister Ueli Maurer via video link on Wednesday. The two sides exchanged in-depth views on practical cooperation in finance … ( read original…
CORRECTED-UPDATE 1-Jack Ma loses title as China’s richest man after coming under Beijing’s scrutiny
Alibaba and Ant Group founder Jack Ma has lost the title of China’s richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese…
China-based lender downplays debt trap risks tied with Beijing’s lending
The leader of a multilateral lender based in China talked down risks of a debt trap long tied to his host country’s donor status at a maiden event meant to foster deeper ties between the…
China’s top banking regulator sees surge of bad loans in 2021 as effects of coronavirus bite
When the Industrial and Commercial Bank of China (ICBC), the world’s largest bank by asset size, started to auction 657 million yuan (US$101.5 million) of its non-performing assets in six tranches on … ( read…
China Bank Regulator Warns Of Foreign Equity Bubbles
Asian equities were mixed as India and South Korea outperformed. The biggest catalyst was China Banking and Insurance Regulatory Commission’s Chairman Guo Shuqing’s speech yesterday, in which he … ( read original story …)
China’s fiscal risks ‘extremely severe’, former Chinese finance minister warns
Beijing: China’s former finance minister Lou Jiwei has warned that the country’s fiscal situation is ‘extremely severe with risks and challenges’. ( read original story …)
Hong Kong stocks rebound as traders shake off asset-bubble worries and markets turn to China for policy direction
Hong Kong stocks have been alternating between gains and losses in the past week amid rising bond yields and concerns about policy tightening. Traders will be looking for clues from China’s most … ( read…
China Traders Await Policy Signals to Boost Faltering Stocks
China’s renewable energy, defense and technology sectors are likely to offer investor opportunities as the nation’s top political meeting starts this week, which could help inject fresh impetus into … ( read original story …)
Why Biden’s China policy team should look to the Tang dynasty, not European history
When assessing how best to work with China, countries would be better served by historical analogies from Asia than those drawn from European traditions and Europe’s history of aggression against … ( read original story…
CORRECTED-Jack Ma loses title as China’s richest man after coming under Beijing’s scrutiny
Alibaba and Ant Group founder Jack Ma has lost the title of China’s richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese…
China’s top bank regulator warns of ‘bubble risks’ in foreign markets
China’s top banking regulator has warned of the risk of bubbles in international markets and within the country’s own real estate sector, in the latest sign of mounting concerns over elevated global … ( read…
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