China’s green finance market is in full swing, thanks to the rapid expansion of green industries and low-carbon transformation of traditional sectors amid the country’s drive to promote sustainable …
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China orders surprise audit of $4 trillion shadow banking industry amid mortgage crisis
The move shows how concerned authorities are about contagion from the property sector destabilising the financial industry. Read more at straitstimes.com.
China Orders Surprise Audit of $3 Trillion Trust Industry
China’s top auditor is conducting a review of the $3 trillion trust industry, paving the way for a potential overhaul of a key shadow banking sector where losses on property loans are mounting.Most …
China orders audit of $3-T trust industry – Bloomberg News
China’s top auditor is conducting a review of the $3-trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar with the matter. China’s trust industry has been a …
China’s July new yuan loans expected to more than halve from June: Reuters poll
China’s new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to exceed the year earlier amount as the…
China Corruption Probes Stem From Anger Over Failed Chip Plans
China’s top leadership has grown increasingly frustrated with a years-long failure to develop semiconductors that can replace US circuitry, an embarrassment capped by a flurry of anti-graft probes …
Bangladesh’s finance minister warns on loans from China
Asian Infrastructure Investment Bank and Japan International Cooperation Agency, Kamal said. He added that he was optimistic the country would secure loans from them. His comments came as China’s …
Taiwan official plays down impact of China’s trade restrictions
Finance ministry official says island does not expect further sanctions by Beijing due to ‘highly reliant’ economic ties …
One of the Decade’s Hottest Bond Markets Is Imploding in China
When investor demand for Chinese property debt was approaching its peak back in 2018, a banker could pull together the makings of a multi-million dollar deal during a Saturday boat trip around Hong …
First Amendment of China’s Anti-Monopoly Law – Key Takeaways
After two years of public consultation and two readings at the National People’s Congress, the first amendment to the Anti-Monopoly Law of the People’s Republic of China (PRC) has been pro …
Here’s what would happen to markets and the economy if China attacked Taiwan
China could lose a lot by invading Taiwan, and might never be willing to risk it. But that’s what people thought about Putin’s threat to invade Ukraine.
Beijing clears Japan’s MUFG to streamline fund transfers
Top Japanese lender MUFG Bank has won approval from Chinese authorities to conduct fund transfers out of the country for select clients in a way that reduces scrutiny by Beijing and slashes paperwork.
With current Taiwan crisis, fraying of Beijing’s ‘One China’ has begun
One China’ was predicated first on communist Chinas support against the Soviet Union during the Cold War, and then on its peaceful rise as an economic power. But China has grown as an aggressive …