Chinese state media names big clothing brands that have cut ties with Xinjiang cotton, labelling them ‘malicious back-stabbers’. ( read original story …)
Tagged By banking
China to step up financial support for wind and solar power
China said on Thursday it will step up financial support for the development of wind and solar power generation, as part of its efforts to meet its target for carbon emissions cuts. ( read original…
China says will launch more digital yuan pilots
China vowed on Thursday to quicken pilot programmes to develop its digital yuan, as it seeks to boost consumption to shore up economic growth. ( read original story …)
China says keeping peace on Korean peninsula is common goal of mankind
Responding to North Korea’s missile test on Thursday, Chinese foreign ministry spokeswoman Hua Chunying said that maintaining peace and stability on the Korean peninsula was the common goal of all … ( read original story…
‘4am starts and Bank of Mum and Dad’: The parents sacrificing everything for children’s sporting careers
Athletes such as Becky Adlington, Lauren Williams and Ellie Challis might never have succeeded had it not been for the support of family … ( read original story …)
Biggest China Banks’ Profits to Dip for First Time in Four Years
China’s biggest banks are set to report the first annual profit drop in at least four years after they set aside more provisions for bad loans amid the pandemic. Industrial & Commercial Bank of China…
China urges U.S. to stop ‘discriminatory’ action against its firms
China on Thursday urged the United States to stop “discriminatory” action against Chinese companies after the U.S. adopted measures that would kick foreign companies off stock exchanges if they do not … ( read original…
China Considers Creating State-Backed Company to Oversee Tech Data
China’s government has proposed establishing a joint venture with local technology giants that would oversee the lucrative data they collect from hundreds of millions of consumers, according to people … ( read original story …)
China: Green finance to be key priority
Green finance could prove very useful in combating the ill-effects of climate change that may heighten credit, market and liquidity risks, and further undermine the stability of the entire financial … ( read original story…
China debt: ‘under pressure’ local governments racked up US$2.3 trillion in hidden debt last year
China’s local governments had 14.8 trillion yuan (US$2.3 trillion) of hidden debt last year, according to Liu Lei, a senior researcher at the National Institution for Finance and Development. ( read original story …)
HBL Beijing branch a milestone for Pakistani commercial banks: Ambassador Haque
BEIJING, March 24 (APP):Pakistan Ambassador to China, Moin ul Haque has said that opening of branch of Habib Bank Limited (HBL) in the Chinese capital was a very important milestone for Pakistani … ( read…
Pak-China financial co-op highlighted at opening ceremony of HBL Beijing branch: Haque
HBL Beijing has become HBL’s second branch in China after Urumqi branch, its establishment marks an important milestone in the economic development of China and Pakistan. While addressing the opening … ( read original story…
China’s $2.3 Trillion Hidden Debt Could Climb Even Further
China’s local governments had 14.8 trillion yuan ($2.3 trillion) of hidden debt last year, and the figure could climb even further this year, according to a government-linked think tank.Local … ( read original story …)
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