Beijing should offer cheap homes to families with three children to get the Chinese population behind its recently introduced three-child policy, industry observers said.
Tagged By banking
China Ups Fines and Widens Scope of Draft Money Laundering Law
China’s central bank on Tuesday issued a revised draft anti-money laundering law, under which fines for certain offences would rise to as much as 10 million yuan ($1.6 million) and a host of …
China rejects Australian writer’s torture claim in trial
A Chinese government spokesperson on Tuesday rejected an Australian writer’s complaint that he was tortured during interrogation before being put on trial on spying charges. The Foreign Ministry …
China’s central bank emphasizes supply chain finance development
China will promote the standardized development of supply chain finance, effectively broaden the financing channels for micro, small and medium-sized enterprises and ensure more funds flow to the real …
Beijing mulls a new holding company for Huarong, bad-debt managers
China’s finance ministry is considering a proposal to transfer its shares in Huarong and three other bad-debt managers to a new holding company, according to a person familiar with the matter.
Japan, U.S. to hold finance chief talks on Fri. in London
Japan and the United States are making an arrangement to hold the first face-to-face talks by their finance chiefs on Friday in London, sources close to the matter said Monday. Japanese Finance …
Economic Watch: Global investors see new prospects in China’s net-zero carbon goals
With China on track to achieve its net-zero carbon pledges, global investors are eyeing new green business opportunities from the world’s second largest market. At the two-day International Finance …
Fitch Affirms Huai’an Traffic at ‘BB’; Outlook Stable
Fitch Ratings has affirmed Huai’an Traffic Holding Co., Ltd.’s (HATH) Long-Term Foreign- and Local-Currency Is …
China’s central bank moves to slow yuan’s rise as concerns rise over hot money flows and asset bubbles
PBOC raises reserve requirement for banks as it seeks to slow yuan’s rise, although analysts say currency remains on track for long-term appreciation.
Fitch Maintains China Huarong Financial Leasing on RWN
Fitch Ratings has maintained China Huarong Financial Leasing Co., Ltd.’s (Huarong Financial Leasing) Long-Term I …
China economic activity stabilised in May, reinforcing expectations that growth is peaking
China’s economic activity stabilised in May with manufacturing activity down slightly and non-manufacturing up slightly, according to the latest official purchasing managers’ indices (PMI) released on …
US, China regulators have a problem with bitcoin. Hong Kong, Singapore may have solutions
The two Asian financial hubs have for years been calibrating ways to tap the market while guarding against money laundering, tax evasion and terror financing.
China’s economic growth will slow to around 4% in next 4-5 years, says economist
Simon Baptist of The Economist Intelligence Unit discusses the growth outlook for the U.S. and China.
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