Beijing is looking to woo African countries with more investment dollars in exchange for better access to raw minerals.
Tagged By banking
West plugs defences as China cranks up aluminium output
China’s primary aluminium smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country in the form of semi-manufactured products.
West plugs defences as China cranks up aluminium output
China’s primary aluminium smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country in the form of semi-manufactured products.
Analysis-Debt woes and funding needs in focus as China hosts African leaders
A China-Africa summit in Beijing this week takes place as a continent slowly emerging from a series of defaults seeks to define its future cooperation with the Asian nation that partly fuelled its …
China, Nigeria to push for regional monetary, financial cooperation
China and Nigeria will encourage flexible and diverse regional monetary and financial cooperation, such as local currency swaps, to promote bilateral trade, according to a joint statement published by Chinese official news agency Xinhua.
Africa: China to Seek More Influence in Africa At Crucial Beijing Summit
China is welcoming more than 50 leaders from across Africa as it kicks off its ninth Forum on China-Africa Cooperation in Beijing. The event aims to bolster China’s influence on the continent amid …
China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks
China is considering cutting interest rates on as much as $5.3 trillion of mortgages in two steps to lower borrowing costs for millions of families while mitigating the profit squeeze on its banking …
Top Global Banks See China Struggling to Hit 5% Growth Target
A vast majority of global banks now expect China’s economy to grow less than 5% this year, with Bank of America Corp. the latest to slash its forecast and joining the likes of Goldman Sachs…
China to seek more influence in Africa at crucial Beijing summit
China is welcoming more than 50 leaders from across Africa as it kicks off its ninth Forum on China-Africa Cooperation in Beijing. The event aims to bolster China’s influence on the continent amid …
China’s fiscal revenue down 2.6 pct in Jan-July
China’s fiscal revenue dipped 2.6 percent year on year in the first seven months of this year, official data showed.This was reported by The Xinhua News …
China’s fiscal revenue down 2.6 pct in Jan-July
China’s fiscal revenue dipped 2.6 percent year on year in the first seven months of this year, official data showed.This was reported by The Xinhua News …
PRESS RELEASE: Global Finance Names The Stars of China 2024
Global Finance is proud to present the winners of the 17th annual Stars of China Awards, honoring the best Chinese banks, fintech companies, asset management firms and enterprises serving China and …
Factbox-What to expect from the Forum on China-Africa Coopeeration Summit
China’s President Xi Jinping will open the ninth Forum on China-Africa Cooperation Summit on Thursday, where he is expected to urge African leaders gathered in Beijing to absorb more Chinese goods in …
ADVERTISEMENT
