China has told Turkey the two countries should respect each others’ sovereignty and understanding of ethnic issues – in a possible sign of Beijing’s concern about Turkish influence in Xinjiang. In a …
Tagged By finance
China to let visiting athletes and spectators use digital yuan at Beijing Winter Olympics
Overseas athletes and spectators visiting the Beijing Winter Olympics will be among the first foreign nationals to be able to trial China’s digital yuan central bank digital currency (CBDC) at event …
Beijing becomes a rising star in the global rule-maker race
In the coming decades, the biggest global threat will not be China the rule-breaker, but China the rule-maker.
China’s lenders, not Asian banks, would bear brunt of exposure to its troubled sectors: Consultancy
Cyrus Daruwala of IDC Financial Insights discusses the effects that exposure to China’s property and technology sectors might have on its lenders and Asian banks.
China Beige Book CEO: Supply chains are moving but operations are still ‘firmly ensconced’ in China
China Beige Book CEO Leland Miller joins Yahoo Finance Live to discuss China’s economy as another city is locked down ahead of the Winter Olympics over COVID concerns, President Xi Jinping’s …
Sunac shares plunge after China’s third largest developer plans to raise US$580 million from share placement
Sunac China Holdings slumped after it announced a HK$4.52 billion (US$580 million) share placement, as it tries to retain its ability to service debt and distance itself from the debt crisis …
What is ESG Reporting and Why is it Gaining Traction in China?
For China, ESG reporting remains an important entry point to achieve its carbon peaking and carbon neutrality goals and improve social equality.
China’s ‘three red lines’ policy is about to crush another developer as Yuzhou Group seeks to swap bonds, delay coupon and weaken debt covenants
Shenzhen-based Yuzhou wants to delay paying two dollar bonds by a year in a debt exchange plan, seeks consent to waive certain default clauses in 12 other bonds Troubles follow other developers in …
CGTN: Exclusive with Spokesperson of Beijing Winter Olympics Organising Committee Zhao Weidong on Beijing 2022 Winter Games
When Beijing first won the hosting rights for the 2022 Winter Games, the Beijing Organising Committee for the Olympic Games (BOCOG) made a promise to turn 300 million Chinese people into winter sports …
China’s True Unemployment Pain Masked by Official Numbers
China’s steady jobless rate is masking pain in the labor market that leaders will find hard to ignore as they look to stimulate the economy in a crucial political year. Alternative indicators and …
Most impressive FIG issuer: Bank of China
As a leading Chinese financial institution and one of the savviest issuers from the country, Bank of China made the most of different pockets of liquidity it had available during China’s awards …
China Dec new bank loans fall to 1.13 trln yuan, below forecasts
Chinese banks extended 1.13 trillion yuan (US$177.56 billion) in new yuan loans in December, down from November and falling short of analysts’ expectations.Analysts polled by Reuters had predicted new …
Sunac, Shimao and Oceanwide roiled in the capital markets amid concerns about ongoing cash crunch among China’s leveraged developers
Rport of Sunac’s predicament unnerved investors who are already on edge with the looming debt among China’s highly leveraged developers.
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