China has announced some record high new yuan loans data for January 2024 – but the figures seem to have a dark side.
Tagged By banking
Russia Reacts After Chinese Bank Threatens Putin’s Economic Lifeline
Russia has been eager to play up the successful ” de-dollarization” of its wartime economy. Elvira Nabiullina, who heads Russia’s Central Bank, told the RIA Novosti news agency in late January that …
Australia’s Top Bank CBA Lures Funds Exiting China Despite Profit Outlook
For investors fleeing China’s stuttering market amid a prolonged property crisis and looking for safe, liquid places to put their money, Australian banks, and in particular CBA as the largest and most …
Green finance: China faces acute lack of talent for sustainability-linked investment, says CFA Institute
ESG professionals have received no relevant training, and fewer than 10 per cent hold a relevant qualification, organisation says Government, enterprises and universities should work together to …
China may be making more advanced chips despite U.S. sanctions — but it still faces big problems
China’s biggest chipmaker SMIC seems to have been manufacturing advanced chips, defying U.S. sanctions designed to slow down Beijing’s progress.
Mind on Money: China’s financial situation a cause for concern
China. There is clearly no other nation on earth eliciting so much attention from the American political establishment. The rhetoric from the American Right is that China is a dangerous …
FXI: China 2024 – The Year Of The Paper Dragon
China’s stock market crash reflects its economic slowdown and financial market crisis. Click here for a full investment analysis of the FXI ETF.
Year of the Dragon: China’s commemorative coins, notes are multiplying in value on Taobao, JD.com auction platforms
Some of the 3.2 billion yuan (US$450 million) worth of commemorative coins and banknotes issued by China’s central bank may deliver handsome profits for resellers on popular local e-commerce platforms …
Agricultural Bank of China boosts loans for strategic emerging industries
and built more than 200 sub-branches engaged in technology finance, thus improving professional service capabilities and efficiency, the lender added. China is actively implementing its …
China’s outbound investment rises steadily in 2023
China’s non-financial outbound direct investment (ODI) increased 16.7 percent year-on-year to 916.99 billion yuan in 2023. In US dollar terms, ODI totaled $130.13 billion in this period, up 11.4 …
China funds clean energy for belt and road partners, fuelling green transition and salving chafed feelings
Following efforts to build infrastructure in Africa, the Middle East and Central Asia that ended in disappointment, China’s fortunes seem to have changed thanks to popular – and expensive – clean …
China tech: 5 US venture capital firms invested over US$3 billion in mainland AI, semiconductors
House panel rues ‘decades of investment’ after investigation of GGV Capital, GSR Ventures, Qualcomm Ventures, Sequoia Capital and Walden International.
China bank loans hit all-time monthly high, with 4.92 trillion yuan doled out in January
As China makes strides to invigorate economic growth, its aggregate financing reached 6.5 trillion yuan in January – a year-on-year increase of more than half a trillion.
