In a recent report, AidData said the U.S. is catching up with China in terms of development finance after being overtaken by Beijing in terms of total official financial flows to the developing world in…
Tagged By banking
China’s central bank vows liquidity for debt-laden regions
When it’s necessary, the People’s Bank of China will provide emergency liquidity support to regions with a relatively heavy debt burden,” Pan said in a speech at the Financial Street Forum in Beijing …
China’s 2023 growth target within reach -central bank governor
China is expected to hit its annual gross domestic product growth target this year, and the country must transform its growth model to pursue high-quality and sustainable expansion, the country’s …
China is expected to achieve 5% full-year growth target -c.bank governor
BEIJING, Nov 8 (Reuters) – China is expected to achieve its annual growth target of 5% smoothly, central bank governor, Pan Gongsheng, said at the Financial Street Forum on Wednesday, state media …
China’s ‘silver-haired’ investors exit the game with no one waiting in the wings
Though they look back fondly on the wild, rowdy early years of China’s retail investment, the country’s first-generation stock traders are leaving the market in droves with no one to replace them.
China debt crisis: 8 cases of financial misconduct flagged as Beijing names and shames regions, banks
Local-level governments have amassed ‘hidden debt’ estimated at well over half of China’s annual GDP, and those that run afoul of rules are being called out Ministry of Finance says audits show state-owned banks also…
China Is Becoming a Problem for Investors
China has long been a source of stock-market optimism. Now it is turning into a reason for worry.
UPDATE 1-China warns against maritime ‘camp’ confrontations but stops short of naming US
China’s foreign minister, Wang Yi, said maritime disputes should be resolved through talks and warned against “camp” confrontations, but stopped short of naming the United States, days before an expected meeting between the countries’ leaders.
Why China is hesitant to finance Africa energy projects
The Chinese government has suspended funding for energy projects in Africa as rising risks of debt distress among several African countries and Beijing’s internal economic challenges push lending to …
China’s Economy Beats Expectations: IMF Predicts Surprising Growth Surge!
China’s economy, a global powerhouse … improving fiscal transparency and risk monitoring at the local level to forestall the emergence of new financial vulnerabilities.
Southeast Asia will benefit from firms ‘derisking’ from China, says Bank of America
Shah Jahan of the bank says Thailand will benefit from companies moving car assembly operations out of China.
China Bank profit hits P16.2 billion in 9 months
China Banking Corp. grew its earnings by 10.2 percent to P16.2 billion from January to September versus last year’s P14.7 billion on the back of robust growth from core businesses and lower loan loss …
China’s Safest Banks 2023
Additionally, new home sales for China’s 100 largest property developers have plummeted, recording a 33% YoY decline as of the end of July. One of the country’s largest developers, Country Garden, is …