Moody’s Investors Service has affirmed the investment grade rating of Sy-led China Banking Corp. on the back of the significant improvement in the bank’s capital and profitability. The debt watcher …
Tagged By finance
Time for a permanent tax break for China’s Covid-hit small businesses, former mayor says
China should use tax breaks to support small businesses, tackle income inequality and unleash household consumption, a former senior official said on Saturday. Former Chongqing mayor Huang Qifan told …
China to deepen financial opening-up amid closer regional cooperation
As a firm practitioner of financial opening-up, China has made its propositions on widening its opening-up amid closer regional financial cooperation in Asia to promote sustainable economic recovery …
Hong Kong has ‘no basis to exist’ as a special region without Chinese constitution’s authorisation, finance chief Paul Chan warns
Financial Secretary Paul Chan’s comments echo those of Beijing’s top official in Hong Kong the previous day Hong Kong would have “no basis to exist” as a special region of China without the …
Inflation, China and Virus: What to Watch in Stocks in 2022
A year ago, the average stock strategist may not have seen that the world’s best-performing index in 2021 would be Mongolia, or that a movie theater chain would rise 13-fold.Most Read from …
UPDATE 1-China regulator says govt policies not necessarily linked to overseas IPOs
China’s securities regulator said on Sunday that Beijing’s recent policy moves were not aimed at specific industries or private firms, and were not necessarily linked to companies seeking to list in …
China’s non-cash payments post steady growth in third quarter
A volunteer helps seniors use an online payment APP at a community in Fengtai District, Beijing, capital of China, Nov. 12, 2021. (Xinhua/Li Xin) BEIJING, Dec. 5 (Xinhua) — The non-cash payments …
Seeds of China’s tallest known tree collected in SW Yunnan Province
Scientists in southwest China’s Yunnan Province have collected seeds of the tallest known tree in the country. The Taiwania cryptomerioides, an evergreen conifer, grows in the Gaoligong Mountains in …
Is the Bottom Falling Out of China’s Property Market?
A simple Google search for the term “China Crisis” shows a spike in September-October when it looked like giant property developer Evergrande might default (Figure 1). Previous spikes reflected the …
China fights a financial fraud explosion
We are seeing a surge in scammers as household wealth takes off,” said Nie Chengtao, a Beijing-based lawyer who specialises in financial fraud. Financial schemes have a long history of thriving in …
China looks to ease monetary policy to help smaller firms
China will cut the amount of cash banks have to keep in reserve to aid smaller firms, Premier Li Keqiang said on Friday, although he didn’t say when the reduction would happen.
‘China economy will turn more to local market’
“The new structure led by the internal circulation doesn’t mean involution or ‘lying flat’,” said former Chongqing mayor Huang Qifan, adding that it would help the nation in opening up the economy.
Economics class: China cuts finance pledge to Africa amid growing debt concerns
What reasons might China have for reducing the amount of money it supplies to Africa through investment and loans? How has China’s trade surplus helped it engage in investment abroad?
