China’s Gemdale saw its stocks and bonds plunge on Tuesday after the resignation of its chairman, becoming the latest major property developer to be caught up in anxiety over the crisis in the country …
Tagged By banking
China is celebrating a decade of the Belt and Road Initiative. What is it about?
China on Tuesday kicked off a summit marking the 10th anniversary of its Belt and Road Initiative – an ambitious yet controversial undertaking to boost connectivity and trade across the world with …
Belt and Road Initiative: Is China’s trillion-dollar gamble to transform the world working?
“For China to simultaneously engage in debt write-downs overseas while domestic economic issues are not fully resolved – it will be politically challenging internally to promote that,” said Christoph …
Russia Says China Supplies ‘Almost All’ of Its War Drones
Russian Finance Minister Anton Siluanov said during a budget meeting Monday that Russia was “grateful” for Beijing’s partnership.
‘All our drones come from China,’ Russian minister says
Russia’s finance minister Anton Siluanov stressed Russia’s dependence on China for drone supplies. Putin is set to travel to Beijing on Tuesday to attend the Belt and Road Initiative summit.
China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.
Has China squandered its golden opportunity to overtake the US? Here’s why one analyst is predicting this is its ‘last decade’ of power and prosperity
China’s enormous population — the largest in the world until India’s recently surpassed it — served as cheap labor for assembling goods that were exported aggressively. Meanwhile, the government …
China saw moderate Q3 growth as hurdles persist
China’s economy is expected to have seen moderate growth in the third quarter, according to an AFP survey ahead of data this week, while experts warn that there were still significant hurdles for its …
‘Majority of drones are from China’: Russia reveals drone supply source
According to the Head of the Russian Ministry of Finance, Anton Siluanov, during a meeting of the State Duma’s Committee on Budget and Taxes, most of the drones utilized by Russian occupiers have been …
Drones in Russia are mainly from China – finance minister
MOSCOW, Oct 16 (Reuters) – Russia’s drones are mostly sourced from China so Moscow will spend more than 60 billion roubles ($618 million) on a new national project to develop drone manufacturing, …
Beijing Fuels Economic Recovery with Real Estate Stimulus and Eased Mortgage Rules
In the heart of Beijing, there is a palpable sense of anticipation. The bustling city, known for its robust real estate market, is witnessing a significant shift in policy. The Chinese government, …
Former Bank of China boss arrested on corruption charges
Liu Liange charged with accepting bribes and illegally granting loans amid country’s anti-corruption drive …
China’s central bank to bolster liquidity support; keeps policy rate unchanged
The People’s Bank of China launched a total of CNY 789 billion via a one-year medium-term lending facility (MLF) to the banking system, left the interest rate unchanged at 2.50%, and ramped up efforts …
