China removes an official from office who played a role in the country’s newest gaming laws, which had major financial ramifications.
Tagged By banking
China Halts Deal with Argentina Worth $6.5 Billion
For Argentina, grappling with a dollar deficit and near international default, this agreement with China has been a crucial financial support. Its suspension could have significant implications for …
How troubles in China are affecting emerging markets
Emerging markets (EEM, EMXC) are trending down on the first trading day of 2024 as Chinese markets have had one of its worst starts to a year since 2019. Last month, China injected a stimulus…
China lifts policy bank loans, raising expectations for ailing housing sector
Beijing plans to provide at least 1 trillion yuan of low-cost financing to China’s urban village redevelopment and affordable housing programmes to shore up its struggling property market.
China lifts policy bank loans, raising housing support expectations
China’s central bank made 350 billion yuan ($49.1 billion) in loans to policy banks through its pledged supplementary lending (PSL) facility in December, data showed, fuelling expectations of …
China’s central bank adds liquidity worth $19.36 billion
China’s central bank announced the conduction of 137 billion yuan (about $19.36 billion) of seven-day reverse repos at an interest rate of 1.8% on Tuesday.The move aims …
China’s BYD closer to taking Tesla’s electric car top spot
Chinese company BYD has moved a step closer to toppling Elon Musk’s Tesla as the world’s biggest-selling manufacturer of electric vehicles. The firm said on Monday it had sold a record 526,000 battery …
Asia’s factories end 2023 on soft note amid fragile China recovery
Asia’s factory activity weakened in December, portending a shaky start for the region’s manufacturing powerhouses in 2024 as China’s patchy economic recovery impeded a broader revival in demand.
Xinhua Silk Road: Xinhua-Yushu Wild Cordyceps Sinensis Price Index unveiled in Beijing
The Xinhua-Yushu Wild Cordyceps Sinensis Price Index was officially released on Dec. 27th in Beijing, capital of China, indicating the accelerated development of wild cordyceps sinensis industry …
Japanese, Korean investors dial back on China, but can Beijing find common ground on trade?
China’s Foreign Minister Wang Yi called Japan and South Korea to restart negotiations on a trilateral free-trade agreement in November, amid pressure for them to diversify away.
American Investors Say “No” To China
Wall Street has lined up with Washington to avoid China investments, less out of obedience to the administration or from patriotism but for its own serious reasons.
China’s Xi Jinping makes televised pledge to absorb Taiwan by 2049 deadline
China’s leader Xi Jinping has vowed that his country “will surely be reunified” during a televised New Year’s Eve address, just weeks ahead of key elections in Taiwan. “All Chinese on both sides of …
China talks markets out of a run on the yuan
SINGAPORE: In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers.
ADVERTISEMENT
