China’s central bank will put helpful implements for carbon lessening to push commercial banks to guide more financial resources to green industries, as part of efforts to ease the country’s objective … ( read original…
Tagged By banking
China Pharma Holdings, Inc. Reports Fiscal Year 2020 Financial Results
China Pharma Holdings, Inc. (NYSE American: CPHI) (“China Pharma,” the “Company” or “We”), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in … ( read original story …)
Frustration among women in China as new divorce law stalls process
Better access to education and jobs in recent decades has improved the financial independence and social status of women in China, who as a result seemingly have less tolerance for unhappy marriages. ( read original…
America’s campaign against Vladimir Putin will hand China an easy victory
President Biden’s tirade against Putin may well be designed to secure the best possible deal in eventual negotiation. ( read original story …)
Beijing and Ankara won’t put up with the U.S. hegemony
When the value of the lira fell by more than 40 percent in 2018, the state-owned Industrial and Commercial Bank of China provided the Turkish government with $3.6 billion in loans for ongoing energy ……
Fate of trade pact hangs in the balance amid Beijing-Taipei tensions
There are growing voices in mainland China calling for an end to the agreement, but observers say that’s unlikely. ( read original story …)
US fears China is flirting with seizing control of Taiwan
The US is concerned that China is flirting with the idea of seizing control of Taiwan as President Xi Jinping becomes more willing to take risks to boost his legacy. “China appears to be moving…
Baidu, Tencent in U.S. extend slide after SEC actions amid U.S.-China tension
U.S.-listed shares of China based Baidu Inc and Tencent Music Entertainment group plunged this week, dropping as much as 33.5% and 48.5%, respectively, from Tuesday’s closing levels. Talks last week … ( read original story…
China imposes sanctions on UK MPs, lawyers and academic in Xinjiang row
Former Tory leader Iain Duncan Smith says he will wear the retaliation like a ‘badge of honour’ … ( read original story …)
China’s economy will become larger than that of the U.S. by 2032, says economist
The U.S. will still remain richer than China in GDP per capita terms for at least 50 years or more, says Simon Baptist of the Economist Intelligence Unit. ( read original story …)
China Construction Bank fourth-quarter profit jumps 58%, beats estimates
China Construction Bank Corp (CCB) logged a 57.6% jump in fourth-quarter net profit, its first climb in profit in three quarters. ( read original story …)
Asia Gains, 2021 China GDP Forecast Raised, Week In Review
The PBOC and CSRC, China’s central bank and securities regulator, respectively, reiterated that monetary policy will involve “no sharp turns” in 2021 in speeches on Monday, which soothed Mainland … ( read original story …)
World Bank approves 400-million-USD loan for China’s food safety
The World Bank has approved a loan of 400 million US dollars for a food safety improvement project in China to help the country … ( read original story …)
