Foreign direct investment into China jumped 18.7 per cent in August from a year earlier, while Chinese banks extended more loans than expected. ( read original story …)
Tagged By banking
‘Mulan’ Leads China Friday, But With Just $8M On Day One; Eyes $25M Weekend – International Box Office
Mulan, Disney’s live-action update on its 1998 animated classic grossed an estimated RMB 52.5M ($8.26M) on its opening Friday in China. The figure includes midnights, and portends a three-day weekend … ( read original story…
China’s Credit Growth Jumps in August in Boost for Recovery
China’s credit growth rebounded to the highest since March, as a surge in government bond issuance and other easing policies continues to take effect and support the recovery.Aggregate financing was 3 … ( read original…
China’s Aug new bank loans rise to 1.28 trln yuan, more than expected
Banks extended 1.28 trillion yuan ($187.25 billion) in new yuan loans, up from July and slightly exceeding analyst expectations, according to data released by the People’s Bank of … ( read original story …)
China’s August new bank loans rise to 1.28 trillion yuan, more than expected
Chinese banks extended more new loans in August than the previous month, while broad credit growth quickened, pointing to continued policy support to help the economy recover from a … ( read original story …)
UPDATE 1-China’s Aug new bank loans rise to 1.28 trln yuan, more than expected
Chinese banks extended more new loans in August than the previous month, while broad credit growth quickened, pointing to continued policy support to help the economy recover from a … ( read original story …)
China Aug new bank loans rise to 1.28 trln yuan, slightly above estimates
Chinese banks extended 1.28 trillion yuan ($187.25 billion) in new yuan loans in August, up from July and slightly exceeding analysts’ expectations. ( read original story …)
Baidu’s Apollo Go robotaxi service arrives in Beijing
Baidu launched its Apollo Go robotaxi service in the Chinese cities of Changsha and Cangzhou back in August, shortly after announcing that its autonomous driving computer is ready for use on the … ( read…
Baidu Launches Apollo Go Robotaxi Service in Beijing, Advancing its Leading Position in Autonomous Driving
Baidu (NASDAQ:BIDU) today launched the Apollo Go Robotaxi service in Beijing, becoming the first company to allow people in China’s capital to use robotaxis. The service encompasses the largest total … ( read original story…
China focuses on modern, efficient logistics system as Beijing plots response to ‘grim and complicated’ outlook
China’s Central Economic and Financial Affairs Commission, chaired by President Xi Jinping, gathered for the third time this year on Wednesday. ( read original story …)
Hong Kong’s financial future tied to Greater Bay Area growth, rising mainland China incomes, panel says
The potential for future growth in the Greater Bay Area (GBA) and rising incomes in mainland China will help Hong Kong maintain its role as an attractive destination for international investors and … ( read…
Hong Kong shares track mainland stocks lower as China start-ups drag
Hong Kong shares retreated in the afternoon session to finish lower on Thursday, tracking broad weakness in the mainland market dragged down by a slump in China’s start-up stocks. ** At the close of ……
Why China’s digital yuan won’t internationalize the renminbi
Years from now, two seminal events will define 2020: the coronavirus pandemic, and the introduction of China’s digital currency. So says Xu Yuan, a professor of finance at Peking University. If a … ( read…
