China is facing a more complicated, difficult and diversified external environment for its rise than any other emerging powers in history since the modernization of humanity. International society … ( read original story …)
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China says domestic competition hurting rare earth prices
China’s rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to “vicious competition” domestically and face low resource utilisation, the … ( read original story …)
China’s Hainan sees surge in Covid-related binge shopping as pandemic kills overseas travel
Since Beijing outlined plans to turn Hainan into a free-trade port, Chinese unable to travel overseas due to the coronavirus have flocked to the island to buy duty-free goods. ( read original story …)
China Seen Cutting Local Government Bond Quota to Curb Debt
China is set to reduce local government bond sales and rein in its budget deficit this year, scaling back the pandemic stimulus measures that fueled debt while helping the economy recover. ( read original story…
China Stood Out as the World Dumped Bonds Everywhere Last Week
China’s bonds stood out as a haven last week when investors fled from virtually everywhere including Treasuries and high-yielding developing-nation debt.Funds poured $671 million into exchange-traded … ( read original story …)
Financial wellness can foster pension system in China
It’s well known that China’s huge and rapidly aging population will grapple with a shortage of pension coverage that looks set to worsen over the next few years. There is no quick fix for state…
China Expected to Cut Local Government Bond Quota to Reduce Debt
China is set to reduce local government bond sales and rein in its budget deficit this year, scaling back the pandemic stimulus measures that fueled debt while helping the economy recover.The … ( read original…
China Bank grew 2020 net income to P12.1B
DESPITE the surge in bad loans provisions, China Banking Corp. was able to conclude last year’s operations with double-digit growth, bucking the downtrend in the banking sector. The listed bank … ( read original story…
China’s fiscal risks ‘extremely severe’, former finance minister warns ahead of key meetings
Beijing is expected to cut back fiscal stimulus even as Washington … whether to scale back economic stimulus as debt risks loom Lou, who served as China’s finance minister from 2013 to 2016, warned ……
China’s bond market sees 4.3-trillion-yuan issuances in January
BEIJING – The total bond issuances in China amounted to 4.3 trillion yuan ($664.5 billion) in January, data from the central bank showed. Treasury bond issuances came in at 574 billion yuan, while … (…
Bank of Singapore’s Malik on a Week of Roiled Bond Markets, China’s Economic Recovery
Ali Malik, Bank of Singapore Investment Advisor, discusses a week of roiled bond markets and China’s economic recovery. He speaks with Manus Cranny and Yousef Gamal El-Din on “.” (Source: Bloomberg) … ( read original…
Beijing-based AIIB approves US$180mn loan to Sri Lanka for COVID-19 response
The Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved a US$180 million loan to Sri Lanka under its COVID-19 Emergency and Crisis Response Facility. The decision was conveyed to … ( read original story …)
Tim Hortons China raises fresh cash, plans to add 200 shops in 2021
Tim Hortons China has completed a new fundraising round from Sequoia Capital China, Tencent Holdings and Eastern Bell Capital, and plans to add more than 200 shops to its network this year, the coffee ……
