China’s financial institutions saw expanded balance sheets in 2021, according to official data. The country’s financial institutions saw their combined assets increase 8.1 percent year-on-year to 381.
Tagged By finance
Poorest Nations to Repay China $14 Billion in 2022, Report Says
The world’s poorest nations will pay China and its lenders almost $14 billion this year in debt servicing costs, according to new research that urges Beijing to do more to support restructuring for …
HSBC, CICC among major financial firms calling bottom on China stocks after Beijing moves to soothe investors
Some of China’s top investment banks and money managers have started to call a bottom on the world’s second-largest stock market, after Beijing reassured investors by pledging more measures to bolster …
There will be consequences for China if it decides to provide substantial military or financial support to Russia: US Ambassador to UN
In a call with China’s President Xi Jinping on Saturday, US President Joe Biden “detailed the implications and consequences” if Beijing were to provide “material support to Russia” in its attacks …
China’s Debt Is Wooing Buyers Again as PBOC Splits With World
China’s debt is bouncing back after the worst global outflows on record as investors refocus on the country’s growing divergence with the rest of the world on monetary policy.
China does not send weapons to Russia or Ukraine, says Chinese ambassador to the US
China’s ambassador to the United States, Qin Gang, said this Sunday that his country does not send “weapons or ammunition” to Russia or Ukraine, amid rumors of alleged Chinese support for the Russian …
China’s central bank to issue 5 bln yuan of bills in Hong Kong
China’s central bank plans to issue 5 billion yuan (about 783.7 million U.S. dollars) worth of bills in Hong Kong next Tuesday. The maturity of the fixed-rate bill is set at six months, or 182…
EDITORIAL: Central bank has bold moves in store
The central bank on Thursday announced that it would raise its benchmark discount rate by a larger-than-expected 25 basis points to 1.375 percent, effective on Friday, joining many of its global peers …
Global Times Investigates: China’s zero-COVID policy, flexible measures ensure minimum impact on supply chains
Concerns by some US media outlets over potential supply chain hiccups as a round of Omicron cases hit some of China’s major manufacturing and commercial cities are a testament to China’s prominence in …
Even Before The War, Washington Had Shown An Increasingly Anti-China Side
Even before questions over Russian sanctions had increased tensions between Washington and Beijing, Congress and the White House had edged toward more open economic warfare with China. Several bills …
China strives to win long-term battle against virus with more targeted measures
The daily tally of COVID-19 cases in China remained high over the weekend, with 3,803 infections being reported in the Chinese mainland on Sunday, involving 21 provincial-level localities. The Omicron …
China’s financial institutions’ assets up 8.1 pct in 2021
China financial institutions saw expanded balance sheets in 2021 according to official data The country financial institutions s …
China’s Time For Global Leadership
As the world’s second-largest economy with aspirations of national rejuvenation and global leadership – both elements central to the “Chinese Dream” long espoused by – China has two critical …
