Consumer and entrepreneur confidence should ‘continue to pick up from this point’ as Beijing’s efforts strengthen the capital markets and enhance Hong Kong’s connector role, say speakers at the …
Tagged By finance
China’s biggest banks launch first sales of special loss-absorbing debt
China’s biggest banks have launched their first-ever sales of a special kind of loss-absorbing debt, moving closer to meeting international requirements designed to avoid repeats of the 2008 financial …
Navigating Uncertain Waters: China’s E-CNY Expansion Overseas And The Quest For Global Payment Influence
CNY, now being accepted in Hong Kong, it’s worth looking at what it will take for the e-CNY to expand globally.
Taiwan’s New President Calls On China to End Threat of War
Most Read from Bloomberg Iran State TV Says ‘No Sign of Life’ at Helicopter Crash Site Speedier Wall Street Trades Are Putting Global Finance On Edge Even If Alito Is Right, the Upside-Down Flag Was…
China Stocks Snapped Up by Overseas Buyers Amid Housing Measures
Foreign buyers swooped in to purchase Chinese stocks on Friday as Xi Jinping’s government announced a slew of measures to bolster the housing market.Most Read from BloombergWreckage of Iran …
China keeps loan prime rate unchanged as stimulus measures continue
Investing.com– The People’s Bank of China kept its benchmark loan prime rate (LPR) unchanged on Monday as widely expected, even as Beijing continued to roll out other stimulus measures to support the …
‘China’ hacks bank details of 250,000 British MOD workers: Beijing blamed as soldiers, veterans and officials are targeted in huge data breach – as President Xi is wined and …
Their names and bank details are amongst the information that has been … campaign of ‘malicious’ cyber attacks in an unprecedented joint operation to reveal Beijing’s espionage. Britain publicly …
Morning Bid: China clouds darken market mood
Broadly speaking, the global backdrop for Asian markets is still bright, with investors confident that the Fed will soon cut U.S. interest rates keeping the dollar, bond yields and volatility in check …
China Sells Billions in US Debt After New U.S Tariffs Leaving Global Economy Rattled
In a dramatic turn of events, China has begun offloading billions in U.S. debt following the imposition of new tariffs by the Biden administration. This move has sent shockwaves through the global economy,
Dozens of China’s state regulators, bankers, finance bosses in corruption net as crackdown stepped up in new year
Analysts expect more heads to roll as Beijing is determined to stamp out any risks linked to financial corruption and maintain stability. They said graftbusters were going after officials accused of …
China’s Retirement Crisis and Its Impact on Weak Consumption
China’s pension system, once a robust state-supported scheme, has evolved into a three-tiered structure: a state-endorsed public pension, enterprise annuities, and personal pensions. While the public …
Africa keen for more Chinese development finance, despite economically bumpy road towards FOCAC summit
Chinese and African diplomats have started to negotiate the agenda for the Forum on China-Africa Cooperation (FOCAC) taking place in Beijing later this year. Concessional development finance, …
How China’s Retirement Crisis Is Contributing to Weak Consumption
Demographics and a feeble economy are straining both China’s pension system and the family tradition of children caring for aging parents.