Chinese giant Tencent said it is exploring whether regulators will require it to create a financial holding company to house is fintech business.
Tagged By finance
China Gets a Warning With U.S.-U.K. Tariff Deal, Raimondo Says
U.K. agreement to ease tariffs on British steel and aluminum sends a warning to China about its policy of subsidizing producers, President Joe Biden’s commerce chief said.
Biden and G-7 allies preparing ‘enforcement mechanism’ to stop China from helping Russia
President Joe Biden and other leaders of the G-7 nations will roll out a new initiative Thursday to ensure “enforcement” of the West’s sanctions against Russia and prevent China and other countries …
Pakistan gets financial relief as China rolls over $4.2bn debt
Finance Minister Shaukat Tarin has said that China has agreed to rollover $4.2 billion debt, providing a major financial relief to the government, a news outlet reported on Wednesday.According to …
Why China is still a solid growth engine and safe harbour for multinationals amid rising anti-globalisation
Multinationals caught in geopolitical crossfire are finding that China continues to offer growth and opportunities, as long as they can find niches aligned with Beijing’s long-term development …
Why China Hasn’t Condemned Russia: American-Led Sanctions Against Russia For Its Invasion Of Ukraine Are Fueling A Global Realignment.
“The friendship of the peoples of China and the Soviet Union is everlasting.” 1967 Sino-Soviet propaganda poster (via Soviet Visuals). The U.S. Sanctions …
China front-loads transfer payments to steady local finance: ministry
China has earmarked 400 billion yuan (about 62.9 billion U.S. dollars) of transfer payments to help local governments handle pressure from tax refunds, an official said on Wednesday. The advance …
Nickel Short Saga Raises Questions About China’s Interference in International Markets
Beijing’s bailout of a “big shot” metals billionaire is a warning about the growing influence of authoritarian regimes in the financial services industry.
Stocks Climb on Relief China Is Taking the Middle Road
Stocks markets continue to rally hard on overly optimistic peace hopes. Unwinding previously large war positioning and encouraging the joining of the ‘buy the dip’ fanatics.
China plane crash: One of two black boxes from China Eastern plane has been found severely damaged
Heavy rain is hampering the search for human remains and the second black box from the plane that crashed into a mountainside in the southern Guangxi region on Monday.
Chinese bank ups loan support for forest carbon sink capacity
China Development Bank, one of the country’s primary policy banks, has stepped up its loan issuance to help promote carbon sink capacity in the forestry sector amid the country’s push for green …
China limits concerns on Ukraine to self-interest
Nearly a month into the Russian invasion of Ukraine, the Chinese appear barely interested in the crisis. While the world has noticed Beijing’s absence from the negotiating table, that, experts say, is …
New COVID Lockdowns Bring Into Question China’s Backstop Bid For Oil
China’s decision yesterday to lockdown Shenyang as part of its core ‘zero-COVID’ strategy again brings into question its ability to continue to act as the world’s backstop bid for crude oil …
