The growth rate of China’s gross domestic product is expected to stand at around 8 percent in 2021, showing a trend of “faster first and slower second”, according a report on China’s 2020 finance …
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Srei Equipment Finance receives EoI for capital infusion
Srei Equipment Finance Limited (SEFL) has received an Expression of Interest (EoI) for capital infusion from Cerberus Global Investments B.V.
Fitch Downgrades China Huarong Financial Leasing to ‘BBB-‘; Maintains RWN
Fitch Ratings has downgraded China Huarong Financial Leasing Co., Ltd.’s (Huarong Financial Leasing) Long-Term Is …
Fitch Rates Guangzhou Finance Holdings’ Proposed USD Bond ‘A-‘
The proposed bonds are to be issued by GZFH’s wholly owned subsidiary, Guang Ying Investment Limited, and will be unconditionally and irrevocably guaranteed by GZFH. The proposed guaranteed bonds will …
China’s Huarong suffers first debt downgrade after bond sell-off
Huarong Asset Management, China’s biggest distressed debt investor, has suffered its first credit rating downgrade by an international agency weeks into a brutal sell-off in the under-pressure group’s …
China Huarong Cut by Fitch on Doubts Over Beijing Support
China Huarong Asset Management Co. had its credit rating cut to the lowest investment grade by Fitch Ratings, which said further downgrades are possible if Chinese authorities continue to withhold …
China Huarong Downgraded by Fitch on Doubts Over Beijing Support
China Huarong Asset Management Co. had its credit rating cut to the lowest investment grade by Fitch Ratings, which said further downgrades are possible if Chinese authorities continue to withhold …
China’s small-and-medium enterprise sector has been fragile: Partners Financial
Ronald Wan of Partners Financial Holdings says although China’s market is on the right direction, investors should still watch its SME sector which sees “sluggish” growth and potential liquidity …
The Rise of the People’s Bank of China
The People’s Bank of China surpasses the Federal Reserve as the world’s biggest central bank. In the first comprehensive account of the evolution of …
China Is Already Tapering Stimulus With Drop in Local Bond Sales
China’s local authorities have slowed the pace of debt sales to finance infrastructure projects this year, evidence of a gradual tightening of fiscal policy as the government shifts its focus toward …
China’s month-long consumption campaign aims to ‘unleash spending potential’ of Chinese people
Upcoming promotional period in May will involve millions of retailers, but analysts say significant hurdles remain to get people to spend again, as household debt and poor job prospects weigh on China …
China ups defence spending in 2020 but ‘economic growth cushions increase’
Sweden-based research group. In a report released on Monday, the Stockholm International Peace Research Institute (SIPRI) said China spent an estimated US$252 billion on its armed forces in 2020, 1.9 …
Green finance key to China-US collaboration
Indeed, China and the US are jointly shouldering responsibilities as major powers for climate change, laying the foundation for cooperation in the field of green finance. At present, Biden is …
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