BEIJING, Feb. 22 (Xinhua) — China’s central bank on Monday conducted 10 billion yuan (about 1.55 billion U.S. dollars) of reverse repos to maintain reasonably ample liquidity in the banking system. ( read original story…
Tagged By banking
Chinese loans to Latin America plunge as virus strains ties
It seemed like a match made in finance heaven. In 2010, China, its economy roaring and state companies looking to expand globally, set its eyes on Latin America, a … ( read original story …)
Ant faces another setback in curbs on joint lending with banks
Jack Ma’s Ant Group and China’s other fintech giants were dealt another blow by new rules that target a lucrative growth area – joint lending with banks.. Read more at straitstimes.com. ( read original story…
China Stock Market May Run Out Of Steam On Monday
The China stock market has finished higher in five straight sessions, collecting nearly 200 points or 6 percent along the way. The Shanghai Composite Index now sits just beneath the 3,700-point … ( read original…
Macroeconomic policies likely to return to normal
Those policies were rolled out last year because of the COVID-19 pandemic. Discussions on major macroeconomic policies are heating up before the opening of the two sessions－the annual meetings of the … ( read original…
Alibaba, Pinduoduo Join Fight Against Looming China Food Crisis
The battle to supply 1.4 billion people with fresh fruit and vegetables is taking China’s e-commerce companies into the country’s hinterlands, where they are attempting to revolutionize centuries-old … ( read original story …)
Action key to reviving China-US relations
Key conversations have taken place between Beijing and Washington since Joe Biden took office as US president a month ago, and observers have voiced cautious optimism over relations. They said … ( read original story…
China Tightens Rules For Banks On Internet Lending
China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders, like Ant Group, in general. ( read original story …)
Deeper and deeper into debt
The prospect of sinking deeper into debt sounds scary even for an ordinary household. More so for a country, as excessive debt can force the government to cut back on social expenditures meant to ……
How China’s green finance slowdown threatens global climate ambitions
Growth in China’s green financing, even for its much-touted green bonds, appears to be stalling, as environmental priorities take a back seat in a year when the economy has struggled to recover from … (…
The China spectre
India s response to Chinese aggression has been bilateral in tenor, with almost no effort to signal to audiences beyond India and China … ( read original story …)
Paris: Protest against Pakistan, China ahead of FATF meet on terror financing
A protest was held outside the Financial Action Task Force premises in France’s Paris on February 20. The protestors included Uyghurs, Balochis, Tibetans, and Hong Kong dissidents. They sought … ( read original story …)
Juilliard Goes To China
The Juilliard School, the famed music, dance and drama school, has admitted its initial class of graduate students at its branch campus in Tianjin, China. The new Tianjin facility, about a 45-minute … ( read…
