China’s lenders are keen to go green, as Ping An Bank chairman Xie Yonglin tells Euromoney. Regulators want that, too – but embracing ESG in a country still in thrall to dirty industry is easier…
Tagged By finance
China stocks fall as financial, consumer firms weigh; Hong Kong down
China stocks fell on Tuesday as investors booked profit after a rally, with financial and consumer firms leading the retreat. ** The CSI300 index fell 1.3% to 5,185.65 by the end of the morning …
China setting pace in central bank digital currency -Japan ex-regulator Endo
China’s progress toward issuing a central bank digital currency (CBDC) will have a huge impact on how quickly advanced economies follow suit, former top Japanese financial regulator Toshihide Endo …
Building blocks of China’s vision of a shared future
China’s vision of a community with a shared future for mankind provides strong incentives as well as valuable practical experience.
China PBOC to Make Monetary Policy More Targeted, Flexible
China’s central bank said in its latest monetary policy meeting that it would make policy more targeted and flexible while keeping the economy’s …
Special Report – How Beijing humbled Britain’s mighty HSBC
On a rainy day last November, China Baowu Steel Group, the world’s largest steel maker, gathered its finance department …
China, EU Set to Agree on Green Finance Definitions by Year-End, Official Says
China and the EU are expected to finalize common classification standards for green projects by the end of this year, which can help attract overseas investors who are eying China’s relatively high …
China central bank to make monetary policy flexible, targeted, appropriate
China will make its monetary policy flexible, targeted and appropriate, while keeping interbank liquidity reasonable, the central bank said on Monday, as authorities seek to consolidate a …
China’s Lufax Teams Up With Schroders As Part Of Push Into Wealth Management In Singapore
Lu International (Singapore), a subsidiary of China financial services platform Lufax Holding, has set up a strategic partnership with Schroders Singapore, a subsidiary of global asset management firm …
China, EU Set to Agree Green Finance Definitions by Year-End, Officials Say
China and the EU are expected to finalize common classification standards for green projects by the end of this year, which can help attract overseas investors who are eying China’s relatively high …
US-China relations: American efforts to reshore supply chains blasted as ‘empty talk’ by former minister
Wei Jianguo, a former vice commerce minister, says the US will become increasingly dependent on China in economic and trade terms in the next five years.
China central bank says will make prudent monetary policy flexible, targeted, appropriate
China will make prudent monetary policy flexible, targeted and appropriate, the central bank said on Monday, while keeping interbank liquidity reasonable.
HSBC’s weak investment bank softens China backlash
Asian bank bosses have long feared HSBC (HSBA.L), (0005.HK) would get serious about building up its investment bank in the region. The lender is now making another push, moving one of the unit’s …