China’s central bank ramped up its medium-term liquidity operations in August, deploying a mix of medium-term lending facility loans and reverse repos to deliver the biggest monthly net injection in …
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How China’s Debt Is 300% Bigger Than America’s and What That Means for the Future
China’s debt has become one of the most pressing issues in global economics, and it’s now 300% larger than America’s, with China’s total debt reaching a staggering level of more than 300% of its GDP.
China Property Stocks Power Up as Traders Bet on Stimulus
Building expectations that Chinese policymakers will ramp up support for the beleaguered sector has been lifting developers’ shares recently, despite some downbeat earnings reports from major …
China bets on AI to pump trillions into economy amid national computing push
With artificial intelligence a critical battleground in the China-US rivalry, a national computing network has already signed up more than 100 AI models.
Former VP of China’s Agricultural Bank sentenced to life in prison, report says
Lou Wenlong, the former vice president of China’s Agricultural Bank, was sentenced to life in prison over his role in accepting bribes, state broadcaster CCTV reported on Monday.
Bubble Risks Grow as China’s Bull Run Defies Economy Angst
In just the past month, onshore stocks have added almost a trillion dollars to their market value, the Shanghai Composite Index has hit a decade-high and the CSI 300 Index has taken its advance from…
China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more than nine months, as bets on rate cuts by the Federal Reserve are growing following…
US surpasses Pakistan’s close friend China in this list, even Canada, UK also struggling; India ranks at..
America 7, China 4, What does it reveal when just two giants dominate the global banking list. What is India’s position.
Evergrande delisting marks end of era for China’s property sector
Evergrande, the world’s most indebted property developer, has been officially ejected from Hong Kong’s stock exchange, bringing down the curtain on the public status of a company that embodied the …
Shanghai relaxes home-buying rules as China’s property market struggles
Shanghai, the commercial and financial hub of mainland China, has further relaxed its home purchase policy, following Beijing’s lead to rejuvenate the nation’s sluggish property market.
This Is the End of China’s Once Mightiest Property Firm
China Evergrande, set to be delisted from the Hong Kong Stock Exchange on Monday, leaves behind a giant pile of debt and long line of desperate creditors.
China’s New 30-Year Bond Draws Highest Yield Since December
China’s 30-year government bond auction fetched the highest yield since December, reflecting pressure from stronger demand for risk assets and the resumption of a tax on certain debt investments.
ING and Bank of Beijing to pump $448 million into digital banking joint …
Total investment for the JV will be 3 billion yuan ($448 million), in which ING will hold 51% and the Beijing Bank will hold a 49% stake. If approved, it will become China’s first commercial…
