China’s external financial assets totaled 9.2383 trillion U.S. dollars at the end of March, according to figures on the country’s financial situation, released by the State Administration of Foreign …
Tagged By banking
Sunac China may miss instalment payment on 4 billion yuan bond as lockdowns pile pressure on beleaguered Chinese developer
chairman of Shanghai-based financial services group Ye Lang Capital. “The vicious cycle will continue now that business activities in some major cities have not returned to full normality yet.” Once …
SAFE Banking Act Dropped From China Competition Bill
A bill to allow financial services to businesses in the legal cannabis industry was dropped from a China competition bill after passing in the House of Representatives but failing to gain the approval …
China’s financial market sees improved capability in serving real economy: central bank
China’s financial market saw improvements in its capability to serve the real economy over the past decade, according to the central bank.
A Decade of Evolution for China’s Financial System
With steady efforts to push structural reforms and expand opening-up, China’s financial system has gradually evolved and matured over the past decade, offering solid support to the stability and …
China’s Small Bank Risks ‘Are Under Control,’ Top Regulator Says
The risks at China’s small banks are manageable after disposing of nonperforming loans and replenishing capital in recent years, the nation’s banking watchdog said. “Generally speaking, risks are …
China’s non-financial outbound direct investment up 2.3 pct in January-May
China’s non-financial outbound direct investment (ODI) reached 287.06 billion yuan in the first five months of the year, up 2.3 percent year on year, official data showed Thursday. In U.S. dollar …
China’s Covid Conundrum
China’s zero-Covid policy has been a disaster for its economy, and Presiden Xi’s mixed messaging is creating further uncertainty for the country’s energy ambitions …
China-Taiwan: The risk of conflict and what HX Global recommends companies can do to prepare
The Russian invasion of Ukraine has captured the attention of the US and its European allies. Based on expert observations HX Global has seen, some have warned that China might take the opportunity to …
Cannabis banking bill removed from China competition package
Congressional leaders have removed a key cannabis banking measure from their China competition bill, dealing a blow to marijuana advocates who pushed for its inclusion. The SAFE Banking Act, which …
BRICS countries pledge to combat terror finance networks, safe heavens
The BRICS countries on Thursday expressed strong condemnation of terrorism in all its forms and manifestations, including the cross-border movement of terrorists, and terrorism financing networks and …
China faces huge capital outflows: US-based trade association
Washington/Beijing: According to the Washington based trade association Institute of International Finance (IIF), China recorded the largest quarterly capital outflows on record in the first quarter …
No ‘top down’ onshore wind farm plan because ‘we’re not in China’, says Kwarteng
We’re not in China – we can’t simply just impose top down where all this infrastructure goes.” Mr Kwarteng also said he has never wanted to “stray into” telling people they must make …
ADVERTISEMENT
