Trading in shares of heavily indebted China Evergrande (3333.HK) was suspended on Monday, days after some bondholders said the property developer at the centre of jitters over China’s financial system …
Tagged By finance
China Evergrande share trading halted in Hong Kong
Trading in shares of heavily indebted China Evergrande was suspended on Monday, days after some bondholders said the property developer at the centre of jitters over China’s financial system had …
China may have gained Meng’s freedom but at what price?
Power Play is a weekly column that looks at various facets of US-China rivalry and its implications for Asia.. Read more at straitstimes.com.
Chinese banking sector’s net external liabilities at 107.2 bln USD
File photo shows Bank of China Tower and ICBC Tower in Hong Kong Special Administrative Region, south China. (Xinhua/Li Peng) BEIJING, Oct. 3 (Xinhua) — China’s banking sector had 1.5415 trillion U.S …
China’s net external financial assets stands at $1.986 trillion
China’s external financial assets stood at $9.0278 trillion at the end of June and the external financial liabilities reached $7.0418 trillion, resulting in $1.986 trillion of net external assets. In …
China sees booming development in green finance
China has seen a big boom in developing green finance which plays a vital role in promoting the country green economic transformati …
China’s net external financial assets stands at 1.986 trln USD
China’s external financial assets stood at 9.0278 trillion U.S. dollars at the end of June and the external financial liabilities reached 7.0418 trillion U.S. dollars, resulting in 1.986 trillion U.S.
Hong Kong finance chief says city’s exposure to Evergrande ‘very minimal’ -SCMP
Hong Kong’s exposure to debt-laden developer China Evergrande Group is “very minimal” at 0.05%, or HK$14 billion ($1.79 billion), of banking assets, South China Morning Post reported on Sunday, citing …
China’s rise to global power faces obstacles
Without the population, property boom and energy intensity to drive prosperity, there is no certainty that Beijing can continue to conduct its aggressive wolf-warrior diplomacy.
Western media bias against China deplorable, dangerous
For years, the unspoken truth about Western media is that their veneer of objectivity has come off a long time ago. While touting themselves as the epitome of trustworthiness and honesty, some media …
China’s current account Q2 surplus at RMB 344.7 billion
China’s current account registered a surplus of 344.7 billion yuan, equivalent to $53.3 billion, in the second quarter of 2021, and the capital and financial accounts recorded a surplus of 84.8 …
China records $2.6798 trln in outstanding external debt at June-end
BEIJING – China recorded 17.3119 trillion yuan in outstanding external debt denominated in both domestic and foreign currencies, equivalent to $2.6798 trillion, at the end of June. All major external …
China’s ‘miracle’ economy under threat at the hands of authoritarian Chairman Xi Jinping
Coal. Meat. Wine. Cash. Beijing paints itself as playing a powerful game of coercive diplomacy. But the price may be a homegrown economic reckoning – with Chairman Xi Jinping’s authoritarian acts …
