China Evergrande Group said its shares will be suspended from trading on Monday, without giving any reason. The embattled property developer has more than $300 billion in liabilities and is scrambling …
Tagged By finance
US on sidelines as China and other Asia-Pacific nations launch trade pact
The Regional Comprehensive Economic Partnership will eventually eliminate more than 90% of tariffs on commerce among 15 member countries …
China’s Central Bank Issues First Low-Cost Loans to Help Reach Carbon Neutrality by 2060
China’s central bank has issued the first batch of low-cost loans to financial institutions through a new carbon emission reduction facility aimed at helping the country achieve its stated goal of …
China implements new schemes for banks
China’s central bank confirmed on Saturday that it will implement new schemes aimed at encouraging financial institutions to lend to small businesses under pressure due to the impact of Covid-19.
Economic Watch: China’s services industry a new magnet for foreign investment
A visitor experiences intelligent driving during the 2021 China International Fair for Trade in Services in Beijng, capital of China, on Sept. 7, 2021. (Xinhua/Wu Wei) BEIJING, Jan. 2 (Xinhua) — …
China’s complaints over Elon Musk’s satellites ‘highlight need for better communications to prevent accidents in space’
Beijing’s protest to the UN about two near-misses have focused attention to growing concerns about overcrowding in low earth orbit …
China allocates 500m yuan to Shaanxi for epidemic control
China’s Ministry of Finance has allocated 500 million yuan (about $78.42 million) to Northwest China’s Shaanxi province to support the prevention and control of the COVID-19 epidemic. On Saturday, …
China to Cut EV Subsidies By 30% In 2022: What That Means For Tesla, Nio, XPeng And Others
China has confirmed subsidy reduction for new energy vehicles (NEV), beginning in 2022, and it is early to assess whether it will impact EV adoption in the …
RCEP to boost China’s foreign trade, especially with Japan: expert
The Regional Comprehensive Economic Partnership (RCEP) took effect on the first day of the new year, and is expected to benefit retail consumers.
Asia looks to China-centred trade bloc for virus recovery
with the Asian Development Bank forecasting growth at 7.0% this year — boosted by low year-before figures. But next year growth is expected to slow to 5.3%. The pandemic slowed progress in ratifying …
China allocates 500 mln yuan to Shaanxi for epidemic control
China’s Ministry of Finance has allocated 500 million yuan (about 78.42 million U.S. dollars) to northwest China’s Shaanxi Province to support the prevention and control of the COVID-19 epidemic. On …
Insider Buying: The China Success Finance Group Holdings Limited (HKG:3623) Executive Director Just Bought 4.8% More Shares
Potential China Success Finance Group Holdings Limited shareholders may wish to note that the Executive Director, Haoquan Pang, recently bought HK$2.6m worth of stock, paying HK$1 …
China to extend preferential tax policies for foreigners to 2023
China will extend preferential income tax policies for foreigners working in the country to December 31, 2023, the finance ministry said on Friday, as part of the country’s tax incentives to ease the …
