The report, published by London-based the Carbon Tracker Initiative, argues that not only China doesn’t need new coal plants, but also that existing capacity may come under financial pressure by 2020 from power market reforms…
Tagged By finance
China will stick to 'going out' strategy amid outflow concerns
While Beijing has been busily damming up official channels for money to leave China, more funds than ever are leaking out through shady means as investors flee the country’s slowing economy and weakening currency, financial…
China says promotes healthy outbound investment as outflow fears grow
While Beijing has been busily damming up official channels for money to leave China, more than ever is leaking out through shady means as investors flee the country’s slowing economy and weakening currency, financial industry…
China says promotes healthy development of outbound investment – Xinhua
SHANGHAI (Reuters) – China said on Monday it promotes the healthy development of outbound investment, the official Xinhua news agency reported. Officials from the National Development and Reform Commission, the Ministry of Commerce, the People’s…
China steps up protection of property rights
BEIJING (Reuters) – China will increase protection for property rights, including stepping up oversight of the management of state-owned assets, the Xinhua news agency reported on Sunday, citing guidelines issued by the State Council, China’s…
Risks in China's digital service industry yet to be tackled in rural areas
Senior central bank officials called for the establishment of legal framework to fend off risks caused by digital financial services in order to better achieve inclusive growth nationally. Speaking at the China Financial Forum in…
Surging homeowner loans in China raise alarms over debt
Transferring risks – China’s total debt — including housing, financial and government sector debt — hit 168.48 trillion yuan ($25 trillion) at the end of last year, equivalent to 249 percent of national GDP, according…
13 detained in China over deadly construction collapse
Most of the dead had been working on the interior concrete wall of a massive circular cooling tower 70 metres (230 feet) up when the scaffolding collapsed Thursday morning, resulting in one of China’s most…
China Industrial Profits Accelerate as Factory Prices Increase
Profit at industrial companies in China accelerated last month as prices recovered. Industrial profits rose 9.8 percent in October from a year earlier to 616.1 billion yuan ($89 billion), the National Bureau of Statistics said…
Fiona Reynolds — China takes lead on climate change
China is emerging as an unequivocal driver of global climate change mitigation, sustainability and green finance, as its representatives forcefully communicated during a recent U.N. climate change conference in Morocco. The talks in Marrakech, which…
Former finance minister urges supply-side reform
China’s former finance minister has stressed the need to press ahead with structural reform on the supply side to fend off corruption and low efficiency during the transformation process. “As a key driver of global…
China’s Debt Bubble: Why the Bears Are Wrong
This is not to deny China’s financial risk. But the concerns should lie somewhere else in the system rather than in a systemic blow-up. Despite its high debt level, China’s financial risk is still localised…
China central bank warns against outflows via Shanghai FTZ disguised as investment: sources
SHANGHAI China’s central bank has urged commercial banks in Shanghai to guard against money outflows via the Shanghai Free Trade Zone (FTZ) disguised as foreign investment, two sources with knowledge of the instructions said on…
ADVERTISEMENT
