China on Monday announced plans to issue visas to hundreds of Indian students stranded at home for over two years due to Beijing’s strict COVID restrictions, besides various categories of travel …
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Searing Heat to Weigh on China’s Metals Output and Steady Prices
Scorching temperatures across China are likely to suppress metals production and put a floor under prices that would otherwise be suffering from tepid demand.Most Read from BloombergHome Sellers Are S …
China lines up €29bn bailout for country’s construction sector
China will offer 200 billion yuan (€29.3bn) in special loans to ensure stalled housing projects are delivered to buyers, people familiar with the matter said, ramping up financing support for its …
China jails Canadian tycoon for finance crimes
A Chinese-born Canadian tycoon who disappeared from Hong Kong in 2017 has been sentenced to 13 years in prison for a multibillion-dollar string of financial offenses, and his company was fined $8.1 …
Chinese financial stocks catch a bid after PBOC reduces lending rates again
A number of Chinese financial stocks were in the green in Monday afternoon trading after China’s central bank trimmed its key lending rates just a week after it surprised …
China cuts lending rates again amid economic slowdown
They have cut some of their key lending rates again today, cutting its five-year rate by 15 basis points and one-year by 5 basis points. Now, this coming just one week after a surprise cut…
China’s economy is losing momentum. What is happening and why does it matter for Australia?
Clouds are gathering over the economic powerhouse as Covid lockdowns, a distressed property market and population changes take a toll …
China’s yuan falls after the central bank cuts rates for the 2nd time in as many weeks to revive the economy
China is looking to rebound from a string of Covid-19 lockdowns. The yuan slid Monday as Beijing raised benchmark rates again.
Major Chinese banks urged to maintain stable loan growth, central bank says
Major Chinese financial institutions will have to lead the way in maintaining the stable growth of total loans and protecting the reasonable financing needs in the real estate sector, China’s central …
China reportedly plans to lend out $29B in special loans to debt-laden property developers
China is said to plan lending out 200B yuan (US$29.3B) in special loans to cash-strapped property developers in the country to make sure homebuyers receive their …
Xinhua Headlines: China ramps up drought-relief efforts to ensure production, livelihoods
Facing shortages of water and power supplies in drought-affected regions, governments of all levels in China have stepped up efforts to combat drought and ensure normal production and people’s …
China’s Central Bank Calls on Lenders to Stabilize Credit Growth
China’s central bank called on major financial institutions to take the lead in keeping credit growth stable with the nation’s economy at a critical moment.
Inside China’s property crisis as thousands boycott mortgage repayments
China’s property sector is crumbling in the wake of the country’s tough pandemic restrictions, with frustrated homeowners taking part in unprecedented mortgage boycotts.
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