China’s development loans have less favorable conditions than those of other available sources, for example the IMF, the World Bank or Paris Club countries. This includes higher interest rates and …
Tagged By banking
China’s commercial banks saw a net forex settlement deficit of 96.4 billion yuan (about 13.43 billion U.S. dollars) in September.
In the bustling epicenter of global finance, a new saga is unfolding. China’s commercial banks, the backbone of the world’s second-largest economy, are grappling with a net foreign exchange (forex) …
China’s Sell-off of US Treasury Bonds: A Shift on the Global Financial Chessboard
In the global game of chess that is international finance, a significant move has been made. The Chinese government, in a move that carries weighty implications, has been offloading US Treasury bonds …
China Injects Most Short-Term Cash Into Banking System on Record
China pumped the most liquidity into its financial system via short-term policy loans on record, a sign policymakers are likely to keep interest rates low to bolster a nascent economic recovery.Most …
China leaves benchmark lending rates unchanged as expected
China kept its benchmark lending rates unchanged at the monthly fixing on Friday, matching market expectations, as a set of economic data suggested the economy is stabilising and a weaker yuan …
China Holds Benchmark Lending Rates Steady
China held its loan prime rates steady, as expected after the country’s central bank kept its policy rates unchanged earlier this month.
How Elon Musk’s China challenges may cost Tesla its next $800 billion in market cap
China’s market needs and demands cheaper EV options, as it’s a country where the average urban worker earns less than $10,000 annually. Tesla’s market share in China has accordingly shrunk from 15% to 10% between…
China’s Country Garden bondholders seek talks after missed payment -sources
Country Garden bondholders are seeking urgent talks with the troubled property developer after it missed a $15 million coupon repayment, putting it at risk of default, according to three sources with direct knowledge of the…
A Financial Crisis in China Is No Longer Unthinkable
Extensive fiscal and financial imbalances have taken China, its leadership and the world into uncharted territory.
China’s Belt and Road gets ‘green’ reboot and spending boost
China’s clean energy program became a priority as China promises $100 billion of development funding – but don’t call it climate finance …
Views on Beijing’s ‘unique alternative’ split along geopolitical lines as Xi embraces Putin at belt and road forum
Belt and road forum marked 10 years of a strategy that has been criticised by many developed economies. Reactions have been divided, with focus on China’s embrace of Russia’s Putin …
China committed to enhance Sri Lanka’s credit optimization – Chinese Finance Minister
The Chinese Finance Minister, Liu Kun, during a bilateral discussions held with President Ranil Wickremesinghe in Beijing this morning (19) has reaffirmed China’s commitment to extend comprehensive …
S. Korea to continue to seek close economic ties with China: finance minister
In June 2022, Choi Sang-mok, senior presidential secretary for economic affairs, said that the era of an export boom with China that South Korea has been enjoying over the past 20 years “has drawn to…
