The tropical island of Hainan issued the first sustainable dim sum bonds by a Chinese provincial government as Beijing aims to strengthen Hong Kong’s position as an offshore financial centre.
Tagged By banking
The Inexorable Descent of China
Moreover, China’s local government “land finance” system is at great risk of financial catastrophe, which will require further response from the central government, likely in the form of debt issuance …
Marketmind: BOJ, BoJo, Beijing and bond bounce
A look at the day ahead in U.S. and global markets from Mike Dolan. A frenetic weekend of political and policy action has injected significant two-way volatility into world markets, which are also …
China Life Insurance Company Limited Change of Person in Charge of Finance
The board of directors (the “Board”) of China Life Insurance Company Limited (the “Company” or “China Life”) (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work …
BOJ easing and govt FX intervention not contradictory – Finance Minister Suzuki
Japan’s Finance Minister Shunichi Suzuki speaks to media at Finance Ministry in Tokyo, Japan October 20, 2022, in this photo taken by Kyodo. Kyodo/via REUTERS …
China willing to deepen relationship with Russia, says senior diplomat
China is willing to deepen its relationship with Russia in all levels and any attempt to block the progress of the two nations will never succeed, China’s senior diplomat Wang Yi said on Thursday.
China Says Private Developers’ Bond Sales Should Be Supported
State-owned China Bond Insurance Co. should provide more support for private property developers’ bond sales, People’s Bank of China Deputy Governor Pan Gongsheng said.
China’s Superpower Slump
Chinese municipal taxes are on the rise and deficits are mounting. China will look to tax individuals. The Chinese real estate market is in a world of hurt.
Climate change: majority of China-backed development bank AIIB’s financing to go to mitigation and adaptation by 2025
China-backed Asian Infrastructure Investment Bank aims to allocate at least half of its annual financing to projects that tackle climate change by 2025, according to a senior executive.
1st LD-Writethru: China’s non-financial ODI up 8.5 pct in Jan.-Sept.
China’s non-financial outbound direct investment (ODI) reached 567.19 billion yuan in the first nine months of the year, up 8.5 percent year on year, official data showed Thursday. In U.S. dollar …
China’s central bank issues 2023 commemorative panda coins
China’s central bank, (PBOC), issued a set of commemorative coins featuring giant pandas on Wednesday. The set has six common coins and eight refined coins. The 14 gold and silver coins that make up …
China-backed AIIB warns governments not to panic-build fossil fuel power stations
The China-backed Asian Infrastructure Investment Bank (AIIB) has warned governments against building new fossil fuel power stations out of panic during the current global energy crisis, saying such …
China’s Foreign Trade Faces Rising Risk of Slowing External Demand in Q4: Commerce Ministry
China’s commerce ministry said on Thursday that the risk of slowing external demand is expected to increase in the fourth quarter and its foreign trade development is facing rising uncertainties. As …
