China signed no new loan to Cambodia last year, latest data from Cambodia’s finance ministry shows, in a dramatic reversal by the country’s top creditor that if continued could affect infrastructure …
Tagged By banking
China’s Economy Shows Signs of Strength as Trade War Begins
China’s consumption and industrial production grew faster in January-February, an upswing that exceeded forecasts, according to data released Monday. At the same time, new- home prices fell more …
China unveils childcare subsidies and income boost in new stimulus plan
The initiative comes as consumer spending remains subdued after a slow recovery from COVID-19 disruptions and a prolonged property market slump.
China February bank lending slows more than expected as US tariffs add to uncertainty
BEIJING] New bank lending in China tumbled more than expected in February from a record high the previous month, even as policymakers seek to shield the economy from an escalating trade war with the …
Elon Musk could be a bridge between the U.S. and China — but for which country’s benefit?
Tech billionaire Elon Musk’s financial interests in China have raised concern that they could influence his work as a senior adviser to President Donald Trump.
Beijing criticizes CK Hutchison’s $23 billion Panama Canal deal by reposting commentary that slams it as ‘an act of submission’
CK Hutchison dropped by over 6% in Hong Kong trading on Friday, even as the city’s benchmark Hang Seng Index rose by over 2%.
China Feb bank lending slows more than expected as US tariffs add to uncertainty
New bank lending in China tumbled more than expected in February from a record high the previous month, even as policymakers seek to shield the economy from an escalating trade war with the United …
China February new bank lending slows more than expected
New bank lending in China fell more than expected in February from a record high the previous month, even as policymakers seek to shield the economy from an escalating trade war with the United States…
China February new bank loans fall to 1.01 trillion yuan, below forecasts
China’s banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts’ forecasts, according to Reuters calculations based on data released by the People’s Bank of …
China’s financial regulator promotes new initiative to enhance financial supports to boost domestic consumption
Vendors are busy stocking up on fruits at a wholesale market in Jinhua, East China’s Zhejiang Province on December 22, 2024. With the New Year’s Day and the Spring Festival holidays approaching, fruit …
China tells lenders to boost financial support for consumption
China’s financial regulator urged institutions to boost support for consumption, promising in a statement on Friday to relax consumer credit quotas and loan terms as it offers long-term backing to …
Economic Expert: China is laughing all the way to the bank on Trump’s tariff policy
Rana Foroohar and Shermichael Singleton debate the merits and the end game of President Trump’s tariffs. Foroohar says she isn’t against tariffs but there needs to be a more cohesive policy with …
China’s ICBC Backs AI Push With $11 B Fund as Beijing Mobilizes 1 T Yuan for Tech Startups
The Industrial and Commercial Bank of China (ICBC) has launched an 80 billion yuan technology and innovation fund. This follows a 1 trillion yuan government-backed …