However, the people of China can afford to buy these extremely … a down payment on a home — which is the most important financial transaction that many Chinese will ever make.
Tagged By banking
How Beijing is using ‘fishing militia’ to assert its claims in the South China Sea
Fishing boats joined a coastguard vessel in latest confrontation with the Philippines near Second Thomas Shoal There is concern that China is blurring the lines between civilian and military forces to …
China and US set up finance, economic discussion channels after talks to ease trade tensions
The working groups were set up following talks between US Treasury chief Janet Yellen and Chinese vice-premier He Lifeng.
U.S., China establish economic dialogue framework to ease tensions
the United States and China have formed a new framework for regular economic dialogue, announced by the US Treasury Department on Friday. The two largest economies in the world have agreed to establish economic and…
China’s Central Bank Identifies 20 Systemically Important Lenders for Enhanced Supervision
The People’s Bank of China (PBOC), in collaboration with the National Financial Regulatory Administration, has released a list of 20 systemically important banks as part of its latest efforts to …
US, China agree to regular talks on economy
The U.S. on Friday announced the creation of two economic working groups with China as part of bilateral efforts to cool tensions between the two countries. The groups will be led by the Chinese …
China Markets Rebound, Alibaba’s First Spinoff Approaches, Week In Review
Asian equities were mixed as Mainland China and Hong Kong bucked the trend by outperforming while Japan, South Korea, and India underperformed.
China and US set up finance and economic discussion channels after talks to ease trade tensions
China and the United States have set up joint working groups on finance and the economy after months of talks on easing trade tensions, Chinese state media reported on Friday. “The two working groups will…
U.S., China Launch Economic And Finance Working Groups To Boost Exchanges Amid Strained Ties
The U.S. and China today launched an Economic Working Group and a Financial Working Group to advance discussions in the two areas amid geopolitical and trade strains between the world’s No. 1 and No. 2…
China and US establish groups to strengthen economic issues
China and the United States will establish two working groups to strengthen communication on economic and financial topics, the People’s Bank of China, the country’s central bank, said on Friday.
China’s capital exodus prompts Beijing city to reassure foreign investors who make ‘authentic and compliant’ transactions
Local-level authorities in the nation’s capital say that revenue earned by foreigners, Hongkongers, Macanese and Taiwanese will be allowed to freely flow in or out, without delays Move comes as cross-border capital flows have depreciated…
US, China announce new economic working groups
The economic group will be led by the US Treasury and China’s finance ministry, while the financial group will include the Treasury and the People’s Bank of China, the US statement said. The United States…
U.S. and China Agree to New Economic Dialogue Format
The United States and China have created a new structure for economic dialogue in an effort to improve communication between the world’s largest economies and stabilize a relationship that has become increasingly strained in recent…