It is clear that the World Bank from the very beginning provided honest and evidence-based advice to China, but China was always in the driver’s seat in structuring the relationship and in …
Tagged By finance
China’s foreign-currency bank deposits up 129.7 bln USD in H1
China bank deposits in foreign currencies increased by 1297 billion US dollars in the first half of this year a senior official …
As China pushes for use of carbon quotas as loan collateral, banks seek more clarity about creditors’ rights
China’s banking regulator’s call for banks to lend against carbon emission quotas has caused lenders to give a second look at its risks.
Asean nations left ‘exposed’ by global minimum corporate tax seen forging closer ties with China
A 15 per cent minimum corporate tax has been hailed as a way to improve the fiscal positions of countries hit hard by the pandemic, but it could be years before tangible results are seen.
Beijing Tourism Co. Wants More Info In $1.4M Award Dispute
A Chinese tourism company has urged a Massachusetts federal court to reject a hot air balloon manufacturer’s “dubious statements” in response to discovery requests, asking that the court compel the …
The Power of Ice and Snow Supports the Preparation of Beijing Winter Olympics
Expo (WWSE) will be held in the National Convention Center and Shougang Park from September 2nd to 7th. On July 21st, the press conference for WWSE was held in Beijing to unveil information about the…
China’s Flood-Stricken Henan Braces for More Rain as Deaths Rise
China’s flood-stricken Henan province will be bracing for more heavy rain, just a day after a deluge sparked the evacuation of 165,000 people and left at least 25 dead. Precipitation of as much as 668…
More than 90% of adult Beijing residents fully vaccinated against COVID-19
China’s capital Beijing has fully vaccinated nearly 91% of its adult residents against COVID-19, data from the municipal government showed, as the country expands its nationwide vaccination efforts.
China is ahead of other developed countries in retail central bank digital currency: PwC
Henri Arslanian of PwC says China has seen the volume of digital currency transactions at $5.3 billion – putting it way ahead than other advanced economies — while others are just entering the digital …
China’s Evergrande Soars After Sorting Out Frozen Assets Dispute With Guangfa Bank
Shares of China Evergrande Group surged after the debt-ridden Chinese real estate developer announced that it had reached a consensus with China Guangfa Bank over a frozen assets dispute. Evergrande …
Sperm bank in China holds competition for university students to find out who has the most ‘vigorous swimmers’
A sperm bank in China struggling to get viable donors is holding a sperm fitness competition among university students to raise awareness about reproductive health.
China Offers Oil Reserves in Unprecedented Move to Cool Rally
China offered millions of barrels of oil from its strategic state reserves this month in an unprecedented move to try and quell inflation brought on by rising costs of everything from food to fuel.The …
China’s Latest Easing Sparks a Shift Through Its Local Debt
Issuance so far this year has only been about 1.48 trillion yuan, according to the Ministry of Finance. The People’s Bank of China reduced the reserve requirement ratio by 0.5 of a percentage …
ADVERTISEMENT
