The small-business owner from Changsha never returned. Ou, 39, and more than a dozen other victims of one of China’s biggest banking scandals had gathered outside a train station in Henan’s provincial …
Tagged By finance
11th Brand Influence Development Conference held in Beijing, with focus on three major areas driving the global economy
TianJin, China, June 04, 2024 (GLOBE NEWSWIRE) — On May 24-25, 2024, the highly anticipated 11th Brand Influence Development Conference was held at the National People’s Congress Convention Center in …
China Strengthens Dominance In Green Bond Market
China has taken the green bond market by storm since the broad bear market of 2022 and amplified its global lead in 2023, recent data from the Climate Bonds Initiative (CBI) shows.
Ramp up defences against Beijing’s takeover by stealth
The tenure of Taiwan’s newly elected leader, President Lai Ching-te, also known as William Lai, promises to be the most challenging four years in the island democracy’s history with potentially …
Exclusive: Qatar sovereign fund agrees to buy 10% stake in China asset manager, sources say
Qatar’s sovereign wealth fund has agreed to buy a 10% stake in China’s second-largest mutual fund company, two sources said, underscoring Beijing’s increasing ties with the Middle East amid rising …
Macau Junket Operations: China Launches Crackdown on Illegal Money Exchanges
Macau, known for its thriving casino industry, has also become a hotbed for junket operations and illegal financial activities. These activities often involve unauthorized currency exchanges and loan …
China’s lottery sales rise 10.2% in April
BEIJING – China’s lottery ticket sales rose 10.2 percent year-on-year to 55.46 billion yuan ($7.8 billion) in April, data from the Ministry of Finance showed on Tuesday. Sales of lottery tickets to …
Explainer: Key features of China’s affordable housing policy
Chinese policymakers last month unveiled a slew of support measures for the property sector, including a nod to local governments to buy “some” unsold apartments and turn them into affordable housing.
China’s lottery sales rise 10.2 pct in April
BEIJING, June 4 (Xinhua) — China’s lottery ticket sales rose 10.2 percent year on year to 55.46 billion yuan (about 7.8 billion U.S. dollars) in April, data from the Ministry of Finance showed on …
Central banks turn cautious on China’s yuan, keen on dollars and gold
LONDON (Reuters) – More global reserve managers plan to increase exposure to the now high-yielding U.S. dollar as their interest in China’s yuan has soured due to low returns and geopolitical tensions …
Alcoa Set For Gains As China’s Aluminum Market Surplus Grows, Global Supply Tightens: JPMorgan
They expect demand outside of China to recover robustly … enhancing the company’s financial health. As such, Alcoa remains a solid option for investors seeking exposure to the aluminum and alumina …
Ford CEO doubles down on affordable EVs after BYD, China’s EV bet is paying off
Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. However, the hard part is doing so profitably. After China’s bet on EVs “paid off” so…
Pakistan eyes loans, infra deals during PM’s China visit
On the eve of the prime minister’s departure to Beijing, Pakistan decided to make a bullet payment to Chinese power plants for reducing their outstanding dues in a bid to break the ice to secure…
