… financial institutions attended a meeting focusing on the practical experience and future blueprint of green financial development in Beijing on Sept. 29. The meeting was held by the International … ( read original story…
Tagged By finance
China hires 12 banks for sovereign dollar bond issue
HONG KONG (Reuters) – China has hired 12 banks including Bank of China (601988.SS), Goldman Sachs (GS.N), Deutsche Bank (DBKGn.DE) and China Construction Bank (601939.SS) for its second sovereign doll… ( read original story …)
China Development Bank names new chairman
Zhao Huan, president of Agricultural Bank of China ABC, has been appointed chairman of China Development Bank CDB as the policy bank leverages on his extensive experience in handling non-performing lo… ( read original story…
China banking system outlook stable for next 12-18 months: Moody’s
BEIJING, Oct. 1 (Xinhua) — The Chinese banking system will have a stable outlook over the next 12 to 18 months amid a steady operating environment, according to a report released by credit rating age……
World Bank finances rural road project in east China
BEIJING, Oct. 2 (Xinhua) — The World Bank has decided to lend 200 million U.S. dollars to a transport project in east China to improve the maintenance and management of rural roads. The project will…
Bank savings growth in China drops to record low
“Bank savings? No, I don’t have any,” a woman who is almost 30 and works in the financial circle, told The Beijing News. She added, “I don’t think about keeping a bank deposit, as the…
Beijing axes coal and steel production curbs as economy slows
Beijing will not renew significant cuts on steel production and coal use aimed at improving air quality this winter, as policymakers look to boost China’s economic performance in the midst of the coun… ( read…
Beijing axes coal and steel production curbs
Beijing has taken this into consideration in the curbs planned for this year,” said Li Hongmei, a senior consultant at Mysteel Global, a research group. However, experts said that even the lower targe… ( read…
China’s Belt and Road Initiative and Indonesia’s financial security
Indonesia has been a reluctant participant in China’s Belt and Road Initiative (BRI), but as the country’s financial insecurity becomes increasingly apparent we can expect to see greater interest in t… ( read original story…
China bill sales will boost yuan by expanding investment options in Hong Kong
China’s decision to sell short-term yuan-denominated securities in Hong Kong may pave the way for a regular programme, analysts say, that would create a separate “offshore” monetary policy allowing th… ( read original story …)
China didn’t cause Pakistan’s financial crisis but it should play a role in helping to solve it
Pakistan faces another balance of payments crisis and may again head to the International Monetary Fund for help. China and its Belt and Road Initiative have been blamed – unfairly – for the crisis, b……
China to cut import tariffs on wide range of products
BEIJING (Reuters) – China will cut import tariffs on textile products and metals, including steel products, to 8.4 percent from 11.5 percent, effective Nov. 1, the finance ministry said on Sunday. Bei… ( read original…
China’s opening up of financial markets won’t be a smooth ride, official says
The process of opening up China’s financial markets to foreign firms will not be smooth as it is subject to disruption from external factors and the need to protect the domestic economy, a senior gove……
