Warburg Pincus is launching an asset management company in China to target distressed opportunities across the country’s heavily indebted real estate sector. The US private equity firm said on Monday …
Tagged By finance
China PBOC Urges Increased Lending to Small Businesses
China’s central bank on Monday urged the nation’s banks to further step up lending to small businesses, while lowering their loan rates. The People’s Bank …
China’s Local Governments Roll Over More Debt to Ease Risks
Local governments in China have more than doubled bond sales to roll over maturing debt this year, helping to ease their repayment risk.Cities and provinces sold about 1.9 trillion yuan ($293 billion) …
Govt not to impose anti-dumping duty on certain copper items from China, 5 other countries
The government has decided not to impose anti-dumping on imports of certain copper products, used in the electrical industry, from China, Thailand, Korea and three other countries, according to an …
Lemaire Teams With Chinese Artist Lin Yan for Beijing Installation
The installation at Dover Street Market creates interplays between Lemaire’s fall collection and the artist’s rice paper sculptures.
Are China’s banks going cool on coal power plants in Africa?
Coal developers in Africa may be forced to find alternative sources of financing or shift into solar and hydro , as Chinese lenders gradually shy away from plants powered by the fossil fuel , …
What is driving China’s declining out-of-pocket health spending?
As public health insurance coverage expanded nationwide in China , fewer OOP payments were being made and healthcare became more accessible for the public.
What the Fed can learn from the People’s Bank of China
William Pesek is an award-winning Tokyo-based journalist and author of “Japanization: What the World Can Learn from Japan’s Lost Decades.” As Federal Reserve officials in Washington search for a way …
China marks Communist Party centennial with warning from Xi
As tension runs high in Hong Kong, Thursday marked 24 years of the former British colony’s return to China, and one year since Beijing imposed a sweeping national security law …
Banks accused of Beijing-backed ‘asset grab’ as Hongkongers in UK denied access to pension savings
But they have been unable to retrieve the HKD500,000 they spent decades building up in HSBC pension funds, and accuse the finance giant of playing politics with their money. A growing number of …
Chinese central bank pledges it will not change course over financial risk management
China’s central bank has pledged there will be no turnaround in the country’s prudent monetary stance and tight financial supervision. A statement from the People’s Bank of China on Friday indicated …
China: Central bank inserts USD1.55b of reverse repos
China’s central bank on Friday, July 2, inserted 10 billion yuan (about USD1.55 billion) of reverse repos to keep reasonably plenty liquidity in the …
Britain looks to U.S., China to bolster financial services after Brexit
After a wait-and-see period caused by Brexit, London is ready to forge a new global path in attracting business partners.
