Since the protests in Hong Kong over an extradition bill and Beijing’s imposition of sweeping national security legislation, there has been speculation about which city can replace it as a financial … ( read original…
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China Development Bank steps up support for manufacturing upgrade
BEIJING, July 26 (Xinhua) — China Development Bank (CDB) has boosted loan support to manufacturing companies in the first half of the year to facilitate transformation and upgrade of the sector. In … ( read…
China warned to prepare for ‘big rise’ in bad loans as financial system braces against coronavirus, rising global tensions
China’s banking regulator has asked the country’s lenders to make preparations for a “big rise” in non-performing loans as part of Beijing’s efforts to brace its financial system for shocks from the … ( read…
China Finance Online Reports 2020 First Quarter Unaudited Financial Results
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investor … ( read original story …)
China Finance Online: 1Q Earnings Snapshot
BEIJING (AP) — China Finance Online Co. (JRJC) on Friday reported a loss of $1.9 million in its first quarter. On a per-share basis, the Beijing-based company said it had a loss of 83 cents.…
Many in Beijing still hopeful U.S.-China relations can improve, see current tensions as ‘temporary’
Scholars from the government-backed think tank China Institute of International Studies said Friday that they see tensions between the U.S. and China as temporary and largely tied to the current … ( read original story…
AIIB makes first loan to Vietnam bank amid South China Sea tensions
HANOI — Beijing-led Asian Infrastructure Investment Bank has approved a loan of $100 million to a Hanoi-based commercial bank, its first commitment to a Vietnamese bank as bilateral tensions grow … ( read original story…
China Fortifies Hong Kong’s Role as Financial Powerhouse
China’s tightening grip on Hong Kong has some in the West predicting the city’s days as a global financial center are numbered. Beijing, however, is betting the former British colony will grow into a ……
U.S. Exim Bank Out to Displace China After Record Loan in Africa
Import Bank of the U.S. opened a new front in the trade war between America and China with its biggest loan yet in sub-Saharan Africa, as it plans to compete more aggressively on the continent.…
CORRECTED-China c.bank to pause easing as economy recovers, wary of over-stimulus -sources
China’s central bank does not see an immediate need to ease monetary policy further, but will keep conditions accommodative to support a recovery in the world’s second-largest economy, four policy … ( read original story…
Rogue tycoon shareholders spur China financial sector clean-up
In fact, analysts had warned for years about a potential build-up of bad debt at Yingkou, a mid-tier lender based in northern China. But those longstanding concerns have been linked to the financial … (…
Yum China Gets Beijing 2022 Winter Olympics Sponsorship
The sponsorship rights also allow the company to use the Olympic marks, imagery of the Beijing 2022 Olympic Winter Games and marks of the Chinese Olympic Committee for advertisement and … ( read original story…
China’s Huatai joins chase to bank rich retail investors trading offshore
China’s Huatai Financial Holdings has big plans for a billion-dollar overseas push, said chief executive Levin Wang – it aims to overtake top players like Futu Holdings in the fast-growing market for … ( read…
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