The finance chiefs and central bank governors of the Group of Seven countries have expressed concerns about China’s industrial overcapacity.
Tagged By finance
China Development Bank ups support for sci-tech companies
BEIJING — The China Development Bank, a major policy bank in the country, has stepped up its medium- and long-term financing support for science and technology enterprises.
China’s EV market could soon face a brutal reckoning
A recent report that despite EV adoption in China being expected to grow this year, there are still “far more EV companies than can possibly survive.” …
US pushes for Ukraine aid, united front against China’s trade practices at G7 finance meeting
The U.S. sought to build support for squeezing more money for Ukraine out of frozen Russian assets and for uniting against China’s trade practices as finance ministers from the Group of Seven rich …
China’s Currency Plans May Make Donald Trump’s Head Explode
The plot surrounding China’s currency thickened this week as the nation’s central bank loosened its grip on the yuan.
The Rise of Green Finance in China’s Economic Strategy
China’s economic plan is moving towards green finance. In the past years, this country has shown more consciousness about environmental sustainability and issues connected to climate change. The …
China’s New Sovereign Bond Prices Go Haywire Amid Search for Safe Assets
The price of China’s new 30-year sovereign bonds has whipsawed since their recent debut, as small investors pile into a bet seen as safer than the country’s property and equities markets.
China’s exporters, eager for Russia foothold, tread lightly to avoid financial bear trap
Though the Russian market is an appealing one for Chinese exporters, Western sanctions are making payment processing a challenge as delays mount and few avenues for financial transactions remain.
Former finance chief Antony Leung’s New Frontier buys Hong Kong cancer centre as it eyes expansion in Greater Bay Area
New Frontier, chaired by Hong Kong’s former financial secretary, said it has completed the acquisition of the Hong Kong Integrated Oncology Centre as part of its expansion in the healthcare industry …
China’s $538 Billion Deposit Exodus Supercharges Rally in Bonds
China’s efforts to bolster economic growth by reducing the allure of bank deposits has driven a record exodus from cash, with a big proportion of that going into bonds and wealth management products.
China cant be ignored JPMorgan
The country is too big to sideline, according to the investment bank?s Asia CEO China is an important player on the global economic stage …
China Market Update: Profit Taking Rules The Day Despite NetEase And Bilibili Beating
Nvidia’s better-than-expected Q1 financial results, with India outperforming, China and Hong Kong underperforming, and Indonesia still off for Vesak Day.
China builds Xi Jinping AI chatbot to control ‘thoughts, politics and actions’ of citizens while US rivals are blocked
CHINA has reportedly immortalised President Xi Jinping and his values in the form of an artificial intelligence (AI) powered chatbot. The chatbot has been trained on the thoughts and beliefs of …
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