A Chinese chip designer, part-owned by the country’s top sanctioned chipmaker, is purchasing U.S. software and has American financial backing, relationships that underscore the difficulty Washington …
Tagged By banking
China economy on brink of ‘vicious loop’ threatening Beijing with financial collapse
China has been handed yet another warning about the dire risks deflation poses to its already struggling finances.
China’s finance ministry officials meet Hong Kong and global bankers on boosting city’s finance-hub role: sources
The officials are soliciting views from the city’s three note-issuing banks and foreign bankers on how Hong Kong can increase its competitiveness as a financial centre, sources say.
EU-China relations: Brussels to push outbound investment screening tools in January, amid concern over Beijing
The EU will present an “initiative” on screening outbound investments in the new year, as part of a package of tools aimed at de-risking its trading ties with China. The European Commission – the bloc…
China Nov bank loans rise to 1.09 trln yuan, miss forecasts
New bank lending in China jumped less than expected in November from the previous month, even as the central bank keeps policy accommodative to support a feeble recovery in the world’s second-largest …
China’s credit growth disappoints in November as bond sales slow
CHINA’S credit growth was slower than forecast in November as government borrowing to finance stimulus eased off from the highs seen in October. Read more at The Business Times.
Continued opening-up helps foreign finance cos
Based in Beijing with a registered capital of 1.05 billion yuan … John Tan, chairman of SCSCL, said the company looks forward to the continued opening-up of financial markets in China, where capital …
China should set appropriate fiscal deficit in 2024 -senior party official
China should set its 2024 fiscal deficit and special local government bonds at appropriate levels and optimise the structure of fiscal spending, a senior Communist Party official said on Wednesday, …
China policymakers visit Hong Kong to boost finance hub
CHINA’S financial policymakers are in Hong Kong this week meeting bankers to seek ways to bolster the city’s status as a hub for investments, deals and talent. Read more at The Business Times.
China Turns the Tables on Wall Street
China is upending how the international financial system handles debt crises in the developing world. Wall Street isn’t happy. Large bond fund managers cried foul last month when China blocked their …
China’s banking system is in free fall and the country’s real estate losses could hit $4 trillion, veteran investor says
China’s banks will lose more than what US banks lost during the 2008 crisis, Hayman Capital CIO Kyle Bass said.
Bipartisan committee calls for tariffs as part of reset with China
A bipartisan committee in the House is recommending that the United States reset its economic relationship with China and raise tariffs on the country.
China facing ‘challenges’ in reviving economy, leaders admit
Chinese exports — long a key growth driver — had largely been in decline since last October, except for a short-lived rebound in March and April. BEIJING: China is confronting “difficulties and …
