U.S. stock index futures edged higher on Monday as a jump in the shares of Twitter and U.S.-listed Chinese firms offset concerns about more sanctions against Russia over its invasion of Ukraine. Micro …
Tagged By finance
China Construction Bank net profit up 11% in 2021
China Construction Bank, one of the country’s largest state-owned commercial banks, saw its net profit rise 11.09 percent year-on-year to 303.93 billion yuan ($47.86 billion) last year. The company …
Agricultural Bank of China reports revenue, profit gains in 2021
Agricultural Bank of China one of the country four big state-owned lenders saw its revenue and net profit increase year on year i …
China’s listed banks improve assets quality, fend off risks in 2021
China listed banks saw their bad loan ratio decline in 2021 amid enhanced efforts to fend off financial risks All six state-owned …
As Omicron lurks, China plans to stay home for the Ching Ming holiday
Most mainland Chinese are expected to stay put during the upcoming Ching Ming Festival, as China grapples with its largest outbreak of Covid-19 since the pandemic began more than two years ago. The …
China Construction Bank net profit up 11 pct in 2021
China Construction Bank one of the country largest state-owned commercial banks saw its net profit rise 1109 percent year on yea …
Surreal photos show Shanghai, a financial hub of 26 million, turn into a ghost town amid mass Covid lockdown
Shanghai under lockdown is equivalent to the populations of New York City, Los Angeles, Chicago, Houston, Philadelphia, Phoenix, San Antonio, and San Diego all being under lockdown at the same time.
China’s non-cash payments post steady growth in 2021
The non-cash payments handled by Chinese banks maintained steady growth last year, with mobile payments sustaining growth momentum, according to a central bank report. Non-cash payments, involving …
China orders millions in Shanghai to shelter in place as COVID cases surge
Shanghai is under lockdown, as COVID cases continue to surge in China’s financial capital. It is the most severe measure by the Chinese government to isolate and tract infections since it shut down …
China to drop tariffs on 12 wood and paper products imported from New Zealand
Chinese tariffs on 12 wood and paper products imported from New Zealand are to be eliminated from China’s finance ministry said the move – which covers products such as …
Experts say China-EU leaders’ meeting injects stability into global situation
European experts have spoken highly of the 23rd China-European Union (EU) leaders’ meeting held on Friday, during which Chinese President Xi Jinping met via video link with President Charles Michel of …
China to drop tariffs on 12 wood and paper products imported from NZ
China’s finance ministry said the move – which covers products such as toilet tissue and writing paper – would implement an upgrade to the free trade agreement (FTA) between the two countries. It was …
Roundup: Experts say China-EU leaders’ meeting injects stability into global situation
European experts have spoken highly of the 23rd China-European Union (EU) leaders’ meeting held on Friday, during which Chinese President Xi Jinping met via video link with President Charles Michel of …
