The World Bank has approved loans worth 630 million U.S. dollars to finance two environmental projects in China to help reduce plastic pollution and support green investment in the country. The World …
Tagged By banking
Lenovo, China Minsheng Bank to develop new fintech ecosystem
Tech player Lenovo has entered a partnership with a China-based lender for the creation of a ‘new fintech …
China backs Hong Kong to join RCEP trade deal in potential boost to city’s flagging logistics sector
China’s central government says it supports Hong Kong’s ‘early accession’ to the Regional Comprehensive Economic Partnership (RCEP), in what could be a boost to the city’s flagging logistics sector.
China stocks post weekly gain on financials boost
China stocks jumped on Friday to snap three straight weekly losses, powered by gains in heavyweight financial firms.
China stocks rise on financials boost, set for weekly gains
China stocks climbed on Friday, and are on track to snap a three-week losing streak, underpinned by gains in heavyweight financial firms. ** The CSI300 index rose 1.3% to 5,221.49 points at the end of…
China May local govt special bond issuance at 452.4b yuan
Local governments issued bonds, including special bonds, totaling 875.3 billion yuan in May, up from 775.8 billion yuan in April.
China’s tight fiscal policy could ‘ease off’ in second half of 2021: Deutsche Bank
Michael Spencer of Deutsche Bank expects the People’s Bank of China to start raising interest rates early next year.
China & Hong Kong Take Strides Towards Financial Relationship
China has taken another step towards the integration of the country’s financial system with global markets that could see billions of dollars flow into Hong Kong. The Wealth Connect Programme would …
China digital currency: could Beijing’s advanced e-yuan replace smaller Asian currencies?
Financial authorities are weighing threats to monetary sovereignty as the race to launch a central bank digital currency (CBDC) heats up.
Hong Kong leader Carrie Lam missing city’s 1997 handover commemorations to attend Communist Party’s centenary celebrations in Beijing
Lam and dozens of senior political, business figures expected to head to Beijing on Monday for the Communist Party’s 100th anniversary.
Central bank digital currencies can go global with shared IDs
Unlike cash, or cryptos like Bitcoin, digital money issued by central banks won’t be pure tokens. Either the issuing monetary authority or private players it tasks with the job will keep debit and …
3 Top China Stocks to Watch in June
Although an intensifying clampdown by Chinese regulators make the prospects uncertain for many Chinese stocks, it is hard to argue against the …
Ontario Teachers’ funds CD Finance
CD Finance, a rural service institution focused on small and micro-businesses in rural China, has raised 1 billion yuan ($154 million) in financing.
ADVERTISEMENT
