China’s state-owned banks are tightening curbs on funding to Russian clients after the US authorized secondary sanctions on overseas financial firms that aid Moscow’s war effort in Ukraine, people …
Tagged By banking
China population: teachers face uncertain future with falling birth rate set to create 1.9 million surplus by 2035
China faces a surplus of 1.5 million primary school teachers and 370,000 middle schoolteachers by 2035, with the number of kindergarten students falling for the first time in nearly two decades in …
Australia can’t talk defence by not mentioning China
We cannot win public consent for higher defence spending without being candid with voters on where the threats come from.
China’s rural policy bank issues loans totaling 2.78 tln yuan in 2023
BEIJING — The Agricultural Development Bank of China, the country’s rural policy bank, has said that it issued loans totaling approximately 2.78 trillion yuan ($391.35 billion) in the country in 2023 …
China announces festive new yuan loans for January – but the data has a dark side
China has announced some record high new yuan loans data for January 2024 – but the figures seem to have a dark side.
Russia Reacts After Chinese Bank Threatens Putin’s Economic Lifeline
Russia has been eager to play up the successful ” de-dollarization” of its wartime economy. Elvira Nabiullina, who heads Russia’s Central Bank, told the RIA Novosti news agency in late January that …
Australia’s Top Bank CBA Lures Funds Exiting China Despite Profit Outlook
For investors fleeing China’s stuttering market amid a prolonged property crisis and looking for safe, liquid places to put their money, Australian banks, and in particular CBA as the largest and most …
Green finance: China faces acute lack of talent for sustainability-linked investment, says CFA Institute
ESG professionals have received no relevant training, and fewer than 10 per cent hold a relevant qualification, organisation says Government, enterprises and universities should work together to …
China may be making more advanced chips despite U.S. sanctions — but it still faces big problems
China’s biggest chipmaker SMIC seems to have been manufacturing advanced chips, defying U.S. sanctions designed to slow down Beijing’s progress.
Mind on Money: China’s financial situation a cause for concern
China. There is clearly no other nation on earth eliciting so much attention from the American political establishment. The rhetoric from the American Right is that China is a dangerous …
FXI: China 2024 – The Year Of The Paper Dragon
China’s stock market crash reflects its economic slowdown and financial market crisis. Click here for a full investment analysis of the FXI ETF.
Year of the Dragon: China’s commemorative coins, notes are multiplying in value on Taobao, JD.com auction platforms
Some of the 3.2 billion yuan (US$450 million) worth of commemorative coins and banknotes issued by China’s central bank may deliver handsome profits for resellers on popular local e-commerce platforms …
Agricultural Bank of China boosts loans for strategic emerging industries
and built more than 200 sub-branches engaged in technology finance, thus improving professional service capabilities and efficiency, the lender added. China is actively implementing its …
