But we start with a scoop: PwC China has told clients it expects Chinese authorities to hit it with a six-month business ban that will start as early as September, as part of punishment over…
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Growing Saudi-China ties makes case for yuan-based trade but challenges remain, S&P says
The strengthening ties between Saudi Arabia and China could enable oil trading between the two nations in the renminbi, according to S&P Global Ratings. Yuan-based oil trade between Riyadh and Beijing …
Third plenum charts path for reforms in China’s financial market, as doors are opened wider to welcome foreign institutional investors
Global investment management company, Allianz Global Investors, recently launched its first equity investment fund in the Chinese market, joining dozens of foreign financial institutions that have …
Dairy products and blue cheese are Beijing’s latest targets in its tit-for-tat trade war with Europe
Getty Images Beijing on Wednesday launched a probe into EU subsidies of some dairy products imported into China, the day after the bloc said it planned to impose five-year import duties of up to 36…
China authorises 11 new nuclear reactors in $31bn investment
China’s State Council has approved 11 nuclear reactors across five sites in the provinces of Jiangsu, Shandong, Guangdong, Zhejiang, and Guangxi. With a total investment of 220bn yuan ($31bn), …
China opens anti-subsidy probe into EU dairy imports in push back against EV tariffs
China opened an anti-subsidy probe into imported dairy products from the European Union on Wednesday, stepping up tension with the bloc a day after Brussels released its revised draft decision to …
China’s National Development Bank issues $1.7 billion of green bonds
Photo/VCG] BEIJING – China’s National Development Bank (NDB), a key policy bank, has successfully released 12 billion yuan ($1.7 billion) in the form of three-year green financia …
China’s central bank conducts $36.18 billion via reverse repos
China central bank conducted 258 billion yuan US3618 billion of seven-day reverse repos at an interest rate of 17 percent WednesdayXinh …
China In Eurasia Briefing: The Power of Siberia-2 Pipeline Hits A Snag In Mongolia
Plus: Li Qiang goes to Russia and Belarus, Kazakhstan’s nuclear energy bid, Tajikistan’s China debt, Azerbaijan asks to join BRICS, and more.
China’s $70bn property rescue plan limps off starting line
Beijing unveiled a plan in May for the People’s Bank of China and state banks to mobilise up to Rmb500bn ($70bn) in lending to support local government enterprises to buy up unsold property. Local …
China lending at 15-year low as central bank holds rates
The People’s Bank of China held the one-year loan prime rate at 3.35% and the five-year LPR at 3.85%. The two key interest rates were each cut by 10 basis points in July.
Beijing court reports nearly 90% of securities crimes involve insider trading
Nearly 90 percent of securities criminal cases in Beijing involve insider trading or the leakage of insider information, with most offenders being well-educated or holding high-level positions in …
China Market Update: XPeng, Vipshop, And Kuaishou Report Financial Results
Asian equities had a strong day except for Hong Kong and Mainland China, which experienced light volumes and profit-taking following recent outperformance.
