The number of marriages in China has plummeted over the past 10 years, due to a range of economic and social factors.
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China’s Marriage Slump and Its Shaky Housing Market Are Taking a Toll on the Economy
The number of marriages in China has plummeted over the past 10 years, due to a range of economic and social factors.
China’s Small Loans Sector Shrinks Further in First Half
As of the end of the second quarter, 5,688 small lenders had extended CNY827 billion (USD116 billion) of loans, down 113 and CNY45.2 billion from the end of the first quarter, the data also showed.…
Why China’s new central bank chief will defy the easy tags
CHINA’S new monetary boss, Pan Gongsheng, barely has his feet under the desk and he is likened to a hawk. In time, that label may prove wide of the mark. Beijing needs to juice the…
China’s Central Bank Chief is Task Master Xi Couldn’t Let Retire
By his early twenties, Pan Gongsheng’s ambition had already propelled him from a farming village in eastern China to a prestigious Beijing graduate school, where he translated books from English — …
China Is About to “Flood the Zone” with Cash – Here’s How to Profit
The growing consensus is that China is about to engage in – you guessed it – more easing. It plans to cut interest rates and increase the issuance of infrastructure bonds with an eye toward…
Bank of America CEO says China is ‘one of the great risks’ to the economy
Bank of American Chairman and CEO exclusively tells FOX Business that China’s “big, growing” banks and economy is one of the U.S. economy’s biggest threats.
China’s anti-corruption body expels former finance official from Communist Party for magnifying hidden-debt risks, trashing ecosystem
Jiao Xiaoping, once in charge of managing investment with the private sector, magnified hidden-desk risks, engaged in nepotism, accepted gifts, ran businesses on the side, and failed to protect the ecosystem of the Qin Mountains.
China issues local government bonds worth 830.2 bln yuan in June
BEIJING, July 28 (Xinhua) — The value of China’s local government bond issuance stood at 830.2 billion yuan (about 116.38 billion U.S. dollars) in June, according to the Ministry of Finance.
China’s New Financial Watchdog to Further Aid Domestic Demand Growth, Official Says
New yuan loans surged 14.7 percent to CNY15.73 trillion (USD2.19 trillion) in the six months ended June 30 from a year earlier, the official noted, adding that the balance of insurance fund …
China has rolled over $2.4b loans for two years: Dar
Finance Minister Ishaq Dar said on Thursday that China’s Export-Import (Exim) Bank rolled over $2.4 billion in loan payments for the next two years.’Chinese EXIM Bank has rolled over for 2 years …
Chinese finance ministry to issue RMB sovereign bonds worth $1.68b in Hong Kong
HONG KONG – China’s finance ministry will issue renminbi (RMB) sovereign bonds through the Central Moneymarkets Unit of the Hong Kong Monetary Authority (HKMA), with a total issuance size of 12 billion yuan ($1.68 billion)…
Car buyers less satisfied with auto finance companies, says report
The report shows that customer satisfaction with auto finance companies stood at 775 out of a 1,000-point scale, two points lower than that of banks. The findings were based on a study of 12,722 new…