As the chilly backdrop of the Glasgow COP26 summit calls for a new dawn for global efforts to tackle climate change, the merit of China’s national carbon market is shining through.
Tagged By finance
China Automotive Systems Reports Unaudited 2021 Third Quarter Results
China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the …
Goldman Backs Chinese Stocks as Beijing Seen Easing on Crackdown
Goldman Sachs Group turned more bullish on Chinese stocks, hit by a succession of regulatory shocks and a property debt crisis this year, as a softer approach by Beijing will ease pressure on the …
Government does not have strategy on China: Rahul Gandhi
He cited a news report where the External Affairs Ministry and the Chief of Defence Staff had a different take on the China border issue.
WeChat bargain hunters seek profits in China property bond rout
In late October, as a growing liquidity crisis across China’s property sector walloped developers’ bonds, a group of Chinese finance professionals got together on the messaging app WeChat to pool …
Take Five: Counting the (Housing) Cost in China
HOUSING COSTS Eleventh hour payments of overdue interest are helping China Evergrande squeak clear of default; the latest one has momentarily staunched bleeding in credit markets. It is cold comfort …
Beijing Capital Land Ltd.
BB’ IDRs are on Rating Watch Evolving (RWE) as Fitch Ratings is likely to reassess the credit profile after the company is d …
China’s economic data expected to show further signs of weakness
China’s economy likely continued to weaken across the board in October with little signs of bottoming out. A set of key economic data to be released Monday will be closely studied for signs that the…
China encourages foreign issuers to sell social, sustainability bonds
The National Association of Financial Market Institutional Investors (Nafmii) has launched a pilot programme for non-Chinese issuers to sell social bonds and sustainability bonds onshore. SSA and …
China Market Spillovers to World Limited, Ex-PBOC Adviser Says
Financial problems faced by institutions like China Evergrande Group are “controllable” and spillovers from the nation’s markets to the rest of the world are limited, a former central bank adviser …
China policy and markets round-up: Property developers eye interbank bonds
New renminbi loans in China increased to Rmb826.2bn ($129.2bn) in October, from Rmb689.8bn a year ago, latest data from the People’s Bank of China showed. M2 supply grew 8.7% year-on-year. Total …
Caixin Summit: Citadel CEO Ken Griffin Says China Won’t Escape Impact of U.S. Monetary Tightening
Ken Griffin, head of leading U.S. hedge fund firm Citadel LLC, warned that tighter U.S. monetary policy next year to contain inflation will put pressure on the Chinese economy and global growth.
Next China: Mao, Deng and Xi
Xi Jinping became just the third Chinese Communist Party leader to produce a historical resolution. The two others, Mao Zedong and Deng Xiaoping, dominated politics in China until their deaths.
