The US, the largest commercial property market in the world, has seen prices tumble since the Federal Reserve started raising interest rates The knock-on impact of falling property prices on the …
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China Development Bank lends over 3 trln yuan in 2023
BEIJING, Jan. 27 (Xinhua) — The China Development Bank, a major policy bank in the country, issued a total of 3.08 trillion yuan (about 433 billion U.S. dollars) of loans last year, according to data…
China told US officials its banks ‘doing well’ despite financial turmoil, Yellen says
“They received assurances that banks in China are doing well.” Chinese financial markets … Yellen said she expected G7 finance ministers to soon receive a report reviewing potential legal …
China hands former top bank official 20 years in jail for bribery
He Xingxiang, who once served as vice president of the China Development Bank, was issued the sentence by a Beijing court for “accepting bribes, illegally issuing financial instruments, illegally …
China Is the Top EV Maker. Beijing Takes Aim.
China produces more electric vehicles than the rest of the world but Beijing sees “blind” expansion that needs to be curtailed.
Foreign institutions heavily engaged in China’s financial market: finance official
[Photo/Sipa] BEIJING – Foreign financial institutions are heavily engaged … The country also welcomes cooperation with foreign institutions specializing in such areas as green finance, sustainable …
China Signals More Targeted Stimulus to Follow Abrupt Cut to Bank Reserve Ratio
China’s central bank unveiled broad plans to guide money into sectors of national importance to boost the faltering economy this year, after making an unusual reserve requirement ratio …
Singapore venture financier InnoVen eyes China’s technology start-ups after US$130 million fundraising
Singapore’s InnoVen Capital Group completes a US$130 million first close for its second China fund, as it eyes financing China’s fund-starved start-ups.
Derisked? China’s U.S. bond footprint fades :McGeever
A gradual financial disentangling of China and the United States after decades of symbiosis may reduce fears of ‘mutually assured financial destruction’ but also harden divisions in an increasingly …
China’s banking sector assets up in 2023
The assets of financial institutions in China’s banking sector grew 9.9 percent year on year to 417.3 trillion yuan (about 58.7 trillion U.S. dollars) last year, Liu Zhiqing, a spokesperson for …
Buyer Beware: China Faces Challenges Bolstering Its Stock Market
Investors should be wary of the government’s efforts to prop up China’s equity markets. The weakness in the property market could be the tip of an iceberg.
China to enhance cooperation with World Bank: vice premier
BEIJING — China stands ready to work with the World Bank to actively contribute to addressing global challenges, Chinese Vice Premier Ding Xuexiang said Thursday in Beijing.
Geopolitics, elections and policy uncertainty to weigh on China market -financial leaders
Asia’s top financial executives expect geopolitical tensions, the coming U.S election and Beijing’s policy uncertainty to keep shaking confidence in China investment in 2024, as investors target other …
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