While financing conditions for non-state-owned enterprises have improved over the years, one adage hasn’t changed: Banks in China will stick to policy directives.
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China Donates $4.1 Million to Afghanistan
Strengthening Bilateral Relations China has announced a significant donation of $4.1 million to Afghanistan, further strengthening the bilateral relations between the two nations. This donation comes …
Central bank vows more solid support for real economy
File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] The governor of China’s central bank has vowed to provide more substantial support to the real economy amid …
China’s central bank chief vows to seize economic momentum to boost confidence
China’s central bank says it will seize on recent momentum in the economy and better leverage monetary policies to boost demand and confidence. Pan Gongsheng, governor of the People’s Bank of China …
Israeli missions in China step up security checks, after weekend curfew order for Beijing staff following knife attack
Several Israeli missions in China have tightened security requirements for staff movement after an employee at the embassy in Beijing was stabbed in the street, sources said. This comes after embassy …
China’s restrictions on securities lending tightened to curb short-selling, boost investor confidence
a senior research fellow at the Chongyang Institute for Financial Studies at the Renmin University of China, told the Global Times on Sunday.
China’s central bank governor sees growth improving, ‘manageable’ debt risks, and ‘signs of recovery’ in real estate market
China will seek more sustainable growth while maintaining a “reasonable” expansion pace, he said. Global central bankers and finance minsters have gathered in Marrakech to discuss the outlook for the …
From railways to 5G: why China is plugging into the Digital Silk Road
Belt and road infrastructure deals have taken a back seat as countries struggle with debt and their priorities shift, analysts say.
Digital Yuan Innovations Unveiled at China’s 2023 Digital Finance Forum
Digital Yuan’s Expanding Role The digital yuan, China’s central bank digital currency, continues to make headway in various sectors, promoting consumer spending, supporting national strategies, and …
Wall Street, take note: China’s new blueprint to rescue stocks
Wall Street better start paying close attention, because China’s drawing up new blueprints to save its plummeting stock market. As the numbers roll in, it’s evident that China’s mammoth economy is …
Ruto Heads to China for Crucial Meeting
President William Ruto will depart the country for China on Saturday, October 14 in the evening. According to a statement from State House, the Head of State will embark on a three-day official visit …
China’s top central banker says economy generally rebounded
Speaking during the 48th International Monetary and Financial Committee meeting in Marrakesh, Pan said: “Positive factors in China’s economic operation are accumulating and the bright spots have …
China defends Africa investments in run-up to belt and road forum
As it prepares for next week’s belt and road forum, China is making the case for its role in financing development in Africa and filling the ‘funding gap’ which continues to mar the advancement of…