China’s central bank said on Thursday it had issued the first 85.5 billion yuan ($13.4 billion) batch of low-cost loans to financial institutions to promote green projects and corporate efforts to cut …
Tagged By finance
China eyes 50 trillion yuan in retail sales by 2025, but external uncertainties put onus on domestic consumers to spend
With the future shrouded in uncertainties, a new five-year document says domestic trade must play an increasingly important role in shoring up the national economy and countering the turbulent …
China Evergrande Revises Payment Plan for Wealth-Management Products
A unit of the highly indebted property giant proposes paying almost all holders of its wealth-management products $1,255 a month from December to February.
Yearender-Economic Watch: China’s yuan gains wider global acceptance on country’s booming trade, wider opening-up
China’s currency Renminbi (RMB), or the yuan, has seen wider acceptance in international usage as the country’s resilient economic growth bolstered global demands and opening-up measures facilitated …
Securing the global digital economy beyond the China challenge
The TechCrunch Global Affairs Project examines the increasingly intertwined relationship between the tech sector and global politics.
China to raise dollar and euro weightings in key yuan index basket
China will adjust the weightings of a key yuan index basket in 2022, the country’s foreign exchange trading platform said on Friday, in a move traders and analysts said would help ensure the yuan’s …
China’s central bank allocates over 85 billion yuan to support carbon reduction
ChinascentralbankonThursdaysaidithasissuedthefirstbatchoffundstofinancialinstitutionsviaitsnewlylaunchedcarbon-reductiontool,thecountryslatestmovetocutcarbonemi …
China’s yuan posts second straight year of gains against US dollar, best performing in emerging markets
The Chinese yuan gained 2.44 per cent against a rising US dollar this year to become the best performing emerging market currency.
China SXT Pharmaceuticals Inc. (NASDAQ: SXTC) Stock Dropped -0.52% Over A Month – Any Room To Run?
China SXT Pharmaceuticals Inc. (NASDAQ:SXTC)’s traded shares stood at 1.13 million during the last session. At the close of trading, the stock’s price was $0.70, to imply an increase of 18.48% or …
China continues its belligerence, renamed 15 places in Arunachal; India should expect more such actions, say experts
While China continues with its bullying tactics, the armies of both India and China continue to be locked in a standoff along the Line of Actual Control (LAC).
China to cut new energy vehicle subsidies by 30% in 2022
China will cut its subsidies on new energy vehicles (NEV), such as electric cars, by 30% next year, the Finance Ministry said on Friday.
China lowers entry barriers for foreign re/insurance brokers
The China Banking and Insurance Regulatory Commission has moved to lower restrictions on the entry of foreign insurance brokerage companies. The CBIRC …
Sensex Surges 500 Pts, Nifty Above 17,350; Telecom, Metal & Banking Stocks Rally
Indian share markets trade firm with the Sensex up by 461 points, while the Nifty is trading higher by 147 points.
