at a time when they are trying to stabilise the world’s second largest economy and prevent systemic financial risks. The proposed caps mark a drastic shift from the era where companies doled out big …
Tagged By finance
China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks
The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” …
Chinese money flows into bonds even as central bank warns of risks
China’s treasury futures leapt to fresh highs on Thursday, while long-dated yields skirted record lows, as investors continued to plough money into bonds, shrugging off repeated warnings about risk …
China’s Financial Elite Face $400,000 Pay Caps, Bonus Clawbacks
The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” …
China tariffs: Secretary Yellen talks Biden’s ‘targeted’ approach
The Biden administration recently imposed tariffs on Chinese imports valued at $18 billion, focusing on sectors such as electric vehicles, solar panels, and steel. US Secretary of the Treasury Janet …
China provides additional natural disaster relief funds, says state media
China has provided 496 million yuan ($68.26 million) of additional natural disaster relief funds for several provinces affected by floods to help with emergency rescues, and the relocation and …
China’s third plenum: what role for private sector as Communist Party leads Industry 4.0 push?
Observers widely expect long-awaited conclave to double down on ‘whole-nation system’ of development, but have mixed views on the likely outcomes The Communist Party of China is about to hold its …
China outpacing U.S. in nuclear power development, report finds
China is outpacing the U.S. by at least a decade in developing … joins CBS News to examine why the U.S. is falling behind. Yahoo Finance …
China’s ‘multi-trillion-dollar time bomb’ imperils global markets: US House
for highlighting a challenge that China’s property market downturn has caused for the country’s LGFVs. These firms borrow on behalf of provinces and municipalities to finance roads, ports, and other …
Final agreement on debt restructuring with Paris Club and EXIM Bank of China reached – Shehan
State Finance Minister Shehan Semasinghe yesterday announced that the final agreement has been reached on debt restructuring between Sri Lanka and …
China quietly uses cartel drug trade to upend American harmony at home
China’s ongoing shadow war with the U.S. involves cleaning drug money for Mexican cartels so the gangs can fuel the deadly overdose epidemic and sow discord in America’s institutions, according to an …
China quietly uses cartel drug trade to to upend American harmony at home
China’s ongoing shadow war with the U.S. involves cleaning drug money for Mexican cartels so the gangs can fuel the deadly overdose epidemic and sow discord in America’s institutions, according to an …
Sri Lanka signs debt treatment agreement with China’s EXIM Bank
Sri Lanka signed debt treatment Agreements in Beijing a short while ago with China Exim Bank to restructure USD 4.2 billion of debt, stated the President’s Media Division. The Framework Agreement …