Coal developers in Africa may be forced to find alternative sources of financing or shift into solar and hydro , as Chinese lenders gradually shy away from plants powered by the fossil fuel , …
Tagged By banking
What is driving China’s declining out-of-pocket health spending?
As public health insurance coverage expanded nationwide in China , fewer OOP payments were being made and healthcare became more accessible for the public.
What the Fed can learn from the People’s Bank of China
William Pesek is an award-winning Tokyo-based journalist and author of “Japanization: What the World Can Learn from Japan’s Lost Decades.” As Federal Reserve officials in Washington search for a way …
China marks Communist Party centennial with warning from Xi
As tension runs high in Hong Kong, Thursday marked 24 years of the former British colony’s return to China, and one year since Beijing imposed a sweeping national security law …
Banks accused of Beijing-backed ‘asset grab’ as Hongkongers in UK denied access to pension savings
But they have been unable to retrieve the HKD500,000 they spent decades building up in HSBC pension funds, and accuse the finance giant of playing politics with their money. A growing number of …
Chinese central bank pledges it will not change course over financial risk management
China’s central bank has pledged there will be no turnaround in the country’s prudent monetary stance and tight financial supervision. A statement from the People’s Bank of China on Friday indicated …
China: Central bank inserts USD1.55b of reverse repos
China’s central bank on Friday, July 2, inserted 10 billion yuan (about USD1.55 billion) of reverse repos to keep reasonably plenty liquidity in the …
Britain looks to U.S., China to bolster financial services after Brexit
After a wait-and-see period caused by Brexit, London is ready to forge a new global path in attracting business partners.
US-China tech war: In the battle for talent, the US is ‘shooting ourselves in the foot’
Justice Department’s ‘China Initiative’ pursuit of suspected tech thieves and spies is chilling the climate for scientists studying and working in the US.
China boosts green finance in pursuit of carbon neutrality
A green finance evaluation scheme for financial institutions and an updated green bond projects catalogue have come into effect as part of China’s latest efforts to facilitate its goal of carbon …
China Bond Market Opening Paves Way to Unleash Funds on World
China’s launch of a debt-trading link to the rest of the world started with a whimper. Four years later, global investors are clamoring to get their hands on the country’s bonds and Beijing is opening…
US-China tech war: How this local chip firm has taken off in China as Huawei still reels under US sanctions
Unisoc, a subsidiary of Chinese state-backed semiconductor conglomerate Unigroup, climbed into the top five with total shipments of 800,000 units in May.
Economic Watch: China boosts green finance in pursuit of carbon neutrality
A green finance evaluation scheme for financial institutions and an updated green bond projects catalogue have come into effect as part of China’s latest efforts to facilitate its goal of carbon …