Amid the unprecedented fallout of the crisis between Russia and the US-led Nato, Chinese Foreign Minister Wang Yi has arrived in India and will be meeting Indian Minister of External Affairs …
Tagged By finance
China’s postal bank reports 1t yuan of outstanding microloans
The Postal Savings Bank of China, one of the country’s state-owned banks, saw the outstanding amount of its microloans to small businesses stand at 1 trillion yuan ($157.23 billion) on Wednesday, the …
China’s Big Six bank earnings to reflect recovery from Covid, stronger loan book
Leading state-controlled banks are likely to report earnings growth of between 8 and 15 per cent for 2021, according to analysts’ estimates Banks’ improved earnings for 2021 to reflect recovery from …
China Plane Crash Update: Confusion Over Second Black Box
As the search of the site of Monday’s crash continues, there is uncertainty over the status of the second black box: the flight data recorder. The newspaper of China’s civil aviation regulator …
New Rich List Reflects China’s Shifting Economic Policies, Experts Say
Beijing’s crackdown on high-profile market sectors like tech is upending share prices and forcing a radical reranking of China’s really, really rich as the government changes its economic focus to …
Beijing urges Washington to remove all additional tariffs
Chen Chuanglian, deputy director of the Southern China Institute of Finance at Jinan University in Guangzhou, Guangdong province, said the US move has proved that China is playing a key role in global …
Investors taking money out of China on an ‘unprecedented’ scale
China has seen investors pull money out of the country on an “unprecedented” scale since Russia invaded Ukraine in late February, marking a “very unusual” shift in global capital flows in emerging …
China Sees ‘Unprecedented’ Capital Outflow Since War, IIF Says
China has seen investors pull money out of the country on an “unprecedented” scale since Russia invaded Ukraine in late February, marking a “very unusual” shift in global capital flows in emerging …
China will exempt 3per cent VAT for some taxpayers – finance ministry
China will exempt 3per cent Value Added Tax for some taxpayers to support small firms, the finance ministry said in a statement on Thursday.The exemption will take effect from April 1 to Dec. 31, the…
China-backed bank STOPS lending to Russia and Belarus as Beijing’s support for Putin grows weaker in wake of Ukraine war
Beijing is the largest stakeholder in the multilateral institution – the brainchild of Chinese President Xi Jinping – with almost 27-percent voting power. The bank’s decision will be seen as the …
China sees’ unprecedented ‘outflow of capital since the war
China has seen investors take money out of the country on an “unprecedented” scale since Russia invaded Ukraine in late February, marking a “very unusual” shift in global capital flows in emerging …
Elon Musk’s ties to China: Lawmaker explains why Congress is worried
Chris Stewart (R-UT) fears China and Tesla CEO Elon Musk might be getting too close. Musk — who’s also CEO of aerospace company SpaceX — isn’t necessarily to blame. Stewart believes China might try to…
Accounting war: China’s financial regulator plans new approach to break deadlock with the US over auditing work
China’s financial regulator has taken a step towards ending the long-standing stalemate with the United States over corporate audits, making an overture to relieve some of the tensions that have …
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