With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say.
Tagged By covid-19
Peru Shows the Limits of Washington’s Anti-China Push
As Secretary of State Marco Rubio travels this week to Peru, its growing economic ties to China have raised tensions with the U.S., but show no signs of reversing course.
Social Media in China Is Getting Really Dark
The Chinese Communist Party has spent years trying to make “positive energy” the dominant mood of the country’s internet. It’s no longer working.
China’s Nvidia challenger crashed 20% in a reality check for an AI darling
The selloff is a sharp reversal for one of the biggest winners from China’s AI frenzy.
From dance floor to war: China readies humanoid robots for combat
By Eduardo Baptista BEIJING, Sept 7 (Reuters) – At the World Humanoid Robot Games in China last month, robots jumped, boxed and danced. Some fleet-footed bots ran faster than Usain Bolt over 100 …
Mudslide death toll in China rises to 3 after heavy rain from Typhoon Saudel
The death toll from a mudslide in eastern China has risen to three after days of torrential rain brought by Typhoon Saudel. Nine others are still missing.
Beijing to inject more than $50 billion into banks, insurers to boost growth
The fresh cash injection could help ease a squeeze on margins, bolster safety nets against bad loans and encourage increased lending.
Beijing expands funding tools to support food security, rural modernisation
China unveiled a plan on Monday (Sept 7) to bolster funding for rural revitalisation, aiming by 2030 to establish a more sustainable and efficient investment system combining fiscal support, credit, …
Beijing festival showcases diverse voices from world theater
From September to November, 14 productions from across China, including Hong Kong, Macao and Taiwan, as well as South Korea, Singapore, France and Brazil, will be staged at 10 Beijing theaters. The …
Philippines’ Teodoro says China could exploit cuts in US-South Korean exercises
(Fixes typo in headline) By Kyu-seok Shim SEOUL, Sept 7 (Reuters) – China could see recent cuts to U.S.-South Korean military exercises as an opportunity to reassert itself in the Indo-Pacific, Philippine Defense Secretary Gilberto…
China Injects $45 Billion in Banks, Insurers to Boost Growth
Agricultural Bank of China Ltd. plans to raise up to 160 billion yuan ($23.8 billion), while Industrial & Commercial Bank of China Ltd. is targeting 100 billion yuan in separate A-share private placements,
Beijing to Inject Billions Into Banks, Insurers to Boost Growth
The fresh cash injection could help ease a squeeze on margins, bolster safety nets against bad loans and encourage increased lending.
China to pump $54bn into state banks and insurers to boost economy
China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country’s financial system and boost its slowing economy. The cash injection, …
