SCB chief executive talks of further pain ahead in China’s property market. Mortgage financing may fail to help China’s housing market.
Tagged By finance
China’s ‘wolf warrior’ foreign minister is now working a lowly publishing role after falling foul of Xi: report
China’s former foreign minister Qin Gang is working in a low-level publishing job after falling foul of China’s leader Xi Jinping, The Washington Post reported. Two US officials, speaking on condition …
China’s central bank conducts $12.89 billion via reverse repos
China central bank conducted 915 billion yuan about US1289 billion of seven-day reverse repos at an interest rate of 17 percent Monday …
China is going after ’empty student’ consultants, who help you graduate without attending a single class for a $2,800 ‘relationship’ fee
State media found that Chinese schools for fields like IT, car manufacturing, and aviation were letting students graduate without showing up for class.
China Sets Up Beijing-Backed Lithium Group to Tap Salt Lakes
China Minmetals Corp. will take control of a province-backed lithium company in a bid to speed development of a “world-class” industry extracting the battery material from salt lakes in the far west …
China deflation risk grows as signs of economic weakness mount
The consumer price index increased 0.6 per cent in August from a year earlier, less than a median forecast of 0.7 per cent growth in a Bloomberg survey of economists. Excluding volatile food and …
The 2024 Global Energy Transition Conference Kicks Off in Beijing’s Future Science City
The 2024 Global Energy Transition Conference commenced on September 7 in Beijing’s Future Science City, Changping District. A premier event in the energy sector, this forum has been held for six …
China asked to extend loan repayment period to 30 years: Finance adviser
Bangladesh has asked China to extend its loan repayment period to 30 years, Finance Adviser Salehuddin Ahmed said today (8 September). “Bringing low-cost loans is always our priority. We want to …
China’s foreign exchange reserves up 0.98 pct in August
BEIJING — China’s foreign exchange reserves totaled 3.2882 trillion US dollars as of the end of August, up by 31.8 billion dollars, or 0.98 percent compared to the end of July, official data showed …
China stops short of Africa debt relief as pledges more cash
China stopped short of providing the debt relief sought by many African countries this week, but pledged 360 billion yuan ($50.7 billion) over three years in credit lines and investments.
China-Africa ties ‘best in history’ claims Xi as Beijing pushes back on Western debt trap criticism
Chinese leader Xi Jinping has promised $50 billion in financial support for Africa, while vowing to increase military aid, in a sweeping speech to African leaders as Beijing seeks to bolster …
US, China ‘narrowing’ rift on climate finance in this week’s talks, US envoy says
China and the United States still have “some differences” on issues such as climate finance but have made progress in narrowing them during talks this week, U.S. climate envoy John Podesta said in …
China and US progress on climate talks despite ‘some differences’, says Podesta
US climate envoy John Podesta reported progress in climate talks with China despite ongoing differences, particularly on climate finance and emission targets. Both countries are preparing for COP29 …
