China is trying to defuse a financial time bomb that could severely damage its banking system. Cities and provinces across the country have accumulated a massive amount of hidden debt following years …
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Should India and China receive or pay climate damage fund?
Despite being major polluters, India and China argue they have vulnerable populations that need help.
After Israel and Ukraine, Taiwan business leaders fear Taipei-Beijing tensions may trigger the next geopolitical conflict
Experts fret about what would happen to technology production if TSMC’s foundries fell into Beijing’s hands. A blockade of the island alone would cost the global economy $2 trillion, according to a …
China’s credit reshuffle aims to squelch risk, restore confidence as recovery lags
The Henan Rural Commercial United Bank, with registered capital of 6 billion yuan (US$847.2 million) when it was launched in October, is the fourth institution of its kind to be set up as part of…
China’s Real Estate Giant Catches a Last-Minute Break Before a Possible Liquidation
China’s Evergrande, the world’s most indebted property developer, won an unexpected reprieve on Monday when the Hong Kong High Court postponed a hearing that may have ended in a liquidation order.
China’s youth unemployment crisis has millennials quitting the city for the country and the farming life—that their parents escaped
China’s youth is bearing the brunt of an unemployment crisis … The 30-year-old decided to move to the countryside after an attempt at finance blogging failed, and he developed an interest in fruit.
Pressure Is Building in China’s Financial Plumbing
Signs of indigestion in China’s money markets are an ominous sign—particularly given shadow-bank troubles and enormous government debt.
Role of finance in industrial upgrade gets experts’ attention
Liu Xiangdong, a researcher with the China Center for International Economic Exchanges, said: “Applications of digital technologies have expanded from the consumption arena to the production field.
Analyst Who Raised Alarm For Chinese Banks Now Predicts Potential Instability In China’s $2.9 Trillion Trust Industry
China’s trust industry, which contributes to nearly 10% of the country’s total loans according to Bloomberg Economics, has already shown signs of instability.
Stabilizing, strengthening China’s financial order
Last month’s Central Financial Work Conference underscored areas where China’s central government should intervene to strengthen and stabilize the economy, from restoring local-government balance …
China Frames ‘One Province, One Policy’ Plan for Financial Risk
China’s regulator wants provinces to come up with their own plans to handle financial risks, according to a report, about a month after officials pledged to set up a mechanism to resolve local debt …
China finance regulator to speed reform of small, mid-sized financial institutions
China finance regulator to speed reform of small, mid-sized financial institutions. The administration will seize current favourable opportunities and increase efforts to promote risk disposal, …
China’s central bank to support real economy, guard against financial risks further
BEIJING – The central bank will ramp up support for the real economy, guard against systemic financial risks and deepen financial opening-up, according to People’s Bank of China (PBOC) Governor Pan …
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