China dominates the global fentanyl trade, helping to both supply the raw materials to produce the deadly drug.
Tagged By banking
Finance chief: Blacklisting Chinese contractors to affect PH economy
Senate President Migz Zubiri wants Chinese contractors blacklisted from the country’s infrastructure projects as Beijing’s actions in the West Philippine Sea escalate. But as Eimor Santos reports, …
China’s Economy Is Worse Now Than in the 1970s, This Analyst Says
But with a faltering economy and diminished confidence among households and companies, China debt watcher Charlene Chu, senior analyst at Autonomous Research, worries the ingredients are there for a …
China CITIC Bank reports faster growth in loan issuance in H1
BEIJING — China CITIC Bank, one of China’s joint-stock commercial banks, reported faster loan issuance growth in the first half of the year (H1), the bank said Friday. The bank issued loans worth …
China’s Market Rescue Is Failing as Xi Holds Back on Stimulus
China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks unless market boosting efforts are accompanied by stronger stimulus to support growth.
China’s QDII fund size hits record as investors rush for overseas assets
China’s blue chip CSI 300 Index has lost 4% so far this year … SAFE has been accelerating granting new QDII quotas to financial institutions this year. Between January and July this year, banks and…
China c.bank unveils guidance on relaxing residential housing loans
China’s central bank on Friday unveiled guidance on relaxing residential housing loan policies to better meet residents’ needs for housing. The People’s Bank of China said that banks should treat …
China’s Bank of Communications H1 profit rises 4.5%
China’s Bank of Communications Co Ltd (BoCom) on Friday reported a 4.5 per cent rise in first-half net profit. China’s sixth-largest commercial bank by assets reported a net profit of 46.04 billion …
Exclusive: China plans to cut stamp duty on stocks by up to 50% to revive confidence
Chinese authorities are planning to cut stamp duty on stock trading by as much as 50%, three people with knowledge of the matter said, in a further attempt to revitalise the country’s struggling stock …
China Offers Tax Breaks to Home Buyers, Finance Ministry Says
Chinese regulators eased the nation’s mortgage requirements to let more home buyers enjoy favorable mortgage conditions that were previously limited to first-time home purchasers, the state-run Xinhua …
China plans to cut stamp duty on stock trading by up to 50%
Chinese authorities are planning to cut stamp duty on stock trading by as much as 50%, three people with knowledge of the matter said, …
We need clarity on US-China investment policy, not hyperbole
Individual shareholders and the firms that put together mutual funds are more confused than ever as rhetoric and gesture have overtaken strategy and precision.
UPDATE 1-China’s Bank of Communications H1 profit rises 4.5%
BEIJING/SHANGHAI, Aug 25 (Reuters) – China’s Bank of Communications Co Ltd (BoCom) on Friday reported a 4.5% rise in first-half net profit. China’s sixth-largest commercial bank by assets reported a …
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