China has banned some sales of Micron products after launching a probe into the American memory chip giant for cybersecurity risks in early April. The U.S. has also restricted Nvidia from exporting …
Tagged By banking
China’s commercial banks see decline in bad loan ratio in Q1
The non-performing loan ratio of China’s commercial banks fell to 1.62 percent by the end of the first quarter (Q1) of this year, with the quality of these banks’ credit assets generally stable, …
We’re taking a more ‘sanguine’ stance on China, JPMorgan says
James Sullivan of the investment bank says “in the medium term we do think outperformance out of China will be difficult.” …
China chip stocks rally after Beijing said U.S. chip giant Micron is ‘major security risk’
Chinese authorities said Micron products have failed its network security review, and cited “serious potential network security issues.” The firm poses a “major security risk” to China’s critical …
China’s Banks Keep Lending Rates Unchanged After PBOC’s Hold
The one-year loan prime rate was maintained at 3.65%, the People’s Bank of China said Monday, in line with 16 of the 18 forecasts from economists surveyed by Bloomberg. The five-year rate, a reference …
China’s PBOC Keeps Benchmark Loan Rates Unchanged
China’s central bank on Monday kept the benchmark lending rates unchanged, as expected, despite recent data signaling a patchy economic recovery. The steady rates were widely expected after the People …
Marketmind: China to hold rates steady, markets digest G7
A look at the day ahead in Asian markets from Jamie McGeever. The People’s Bank of China is expected to keep key lending rates on hold on Monday, as traders in Asia digest the implications…
Michael Burry’s China Bet Was Bold But Premature
Chinese tech earnings show the recovery remains on hold — and that timing the market bottom is as tricky as ever.
China Bans Some Sales of Chips From U.S. Company Micron
Many analysts see the move as retaliation for Washington’s efforts to cut off China’s access to high-end chips.
Chinese policy bank increases support for logistics construction
China Development Bank one of the country policy banks has stepped up financial support for the construction of modern logistics …
Reading Into The G7’s Criticism Of China
Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, as well as the European Union, have been meeting in Hiroshima this past weekend, in addition to invited guests Brazil, …
China fails Micron’s products in security review, bars some purchases
The larger chunk of Micron’s products flowing into China are being purchased by non-Chinese firms for use in products manufactured there, analysts say.
China doubles down on controversial African pipeline as Western lenders walk away
US$5 billion project strongly opposed by environmental and human rights groups is now highly dependent on Beijing China is an ‘indispensable actor’ in East Africa amid continued Western criticism of …