HONG KONG/BEIJING (Reuters) – China is set to launch a new state-backed investment … Personal Advisors – Partner with an advisor to build a personalized financial plan based on what’s important to you. Get started…
Tagged By china
China Seeks $40 Billion Fund to Drive Chipmaking, Reuters Says
The state-backed China Integrated Circuit Industry Investment Fund is establishing its third and largest investment pool of about 300 billion yuan ($41.1 billion), Reuters reported. The country’s …
Exclusive: China to launch new $40 bln state fund to boost chip industry, sources say
China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, as the country ramps up efforts …
Crypto Market-Making Profit Margins Sink 30% in ‘Wake-Up Call’ Post-FTX
Market making in digital tokens used to be a font of outsized profitability. The picture today is very different as costs jump and investors avoid a crypto sector scarred by a $2 trillion rout.Most Re…
China Worries Push European Shares to One-Week Low, PMIs Awaited
(Reuters) – European shares fell to one-week lows on Tuesday, as subdued economic data from China fuelled concerns about a feeble recovery, while investors looked to domestic data for clues on the …
China touts the benefits of its ‘Belt and Road’ initiative to Italy, which may end the agreement
China’s foreign minister is seeking to sell his Italian counterpart on the benefits of leader Xi Jinping’s signature “Belt and Road” initiative of Chinese-built and -funded infrastructure projects, as …
China to offer more, better services to world through high-quality development
China will deepen cooperation on services trade and digital trade with Belt and Road partner countries. It will accelerate the cultivation of new drivers for the digitalization of services trade, …
Japan protests China’s import ban over Fukushima water release at WTO
TOKYO (Kyodo) — The Japanese government said Tuesday it has submitted a document to the WTO protesting China’s blanket seafood import ban following the release of treated radioactive water from the crippled Fukushima nuclear power…
Country Garden makes debt payments in relief for China property sector -source
Country Garden has made interest payments on two U.S. dollar bonds just as a grace period was due to end on Tuesday, a person close to the company said, in a relief for the embattled…
Beijing’s Moves to Spark Stocks Have Little Staying Power
Beijing is using similar tactics employed during … are based in the already-struggling property, heavy industry, and finance sectors. Country Garden, once the gold standard for Chinese property …
China’s Country Garden Makes Overdue Dollar-Bond Payments, Narrowly Avoiding Default
The property giant paid $22.5 million in coupons to international bondholders just before the end of a 30-day grace period.
Effects of China slowdown spreading
The situation is being regarded with increasing alarm in the South Korean political establishment and the country’s finance ministry has set up a special task force to monitor the economic situation …
China’s Largest Export Market is Now Much Closer to Home
based on the 12-month moving averages compiled by HSBC Holdings Plc. That puts the 10-nation bloc well ahead of the US and European Union, which have seen a steep drop in imports from China in…