JPMorgan Asia Pacific CEO Sjoerd Leenart emphasized the significance of China in the global economy, stating that it is a country that can’t be ignored. What Happened: Leenart highlighted the growing …
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China Vanke granted $2.8 billion onshore syndicated loan facility
Cash-strapped major property developer China Vanke said on Thursday it had received a 20 billion yuan ($2.76 billion) syndicated loan facility and it would continue to push forward other financing to …
China’s 30-Year Bond Sees Volatile Trade as Investors Flock to Safe Haven
The new 30-year sovereign bonds have seen volatile trade since their debut, suggesting massive appetite for safe-haven assets in China amid a crisis in the property sector.
China Vanke granted $2.8 bln onshore syndicated loan facility
Cash-strapped major property developer China Vanke said on Thursday it had received a 20 billion yuan ($2.76 billion) syndicated loan facility and it would continue to push forward other financing to …
Non-financial outbound investments rise for China
China’s non-financial outbound direct investment amounted to 343.47 billion yuan ($47.41 billion) in the first four months of 2024, up 18.7 percent year-on-year, according to data released by the …
China property: too soon to call Beijing’s rescue package a ‘game changer’, JPMorgan says
Expectations about an extended decline in home prices and shrinking incomes among wealthy families, plus jitters about the ability of cash-strapped private developers to deliver homes, will continue …
China should look to Africa to counter overcapacity claims from the West, Africa Finance Corporation chief says
China should look to Africa to diversify its supply chains and counter overcapacity claims from the West, according to the head of the Africa Finance Corporation. AFC chief executive Samaila Zubairu …
US at G7 to keep pressing China to halt its Russia military support, seeking Ukraine war stoppage
Janet Yellen expected to restate American call for firms and financial institutions in China and elsewhere to ‘cease’ backing Moscow’s defence complex.
G7 finance chiefs seek common line on Russian assets, China
G7 finance chiefs meeting in Italy this week will attempt to find common ground over how to use frozen Russian assets to help Ukraine’s war effort and how to address China’s growing export strength in…
Britain ‘cannot afford to give Beijing cold shoulder on trade’, city minister warns
City minister Bim Afolami has warned that Britain cannot afford to give the ‘cold shoulder’ to China. The comments made by the minister and MP for Hitchin and Harpenden came amid tensions between the …
China must ‘liberate’ mind, embrace primary market treasury-bond purchases by central bank: finance ministry researcher
China’s central bank is set to participate in treasury-bond trading in the secondary market, and a prominent researcher affiliated with the Ministry of Finance says purchases in the primary market …
China property: will fleet of policies to buoy sales stem slack tides in the housing market?
By allowing local governments and state-owned enterprises to buy unsold land and housing from distressed developers, China is betting a property slump weighing down the economy can be stopped once and …
Singapore’s MAS Steps Up Green Finance Partnership With China’s Central Bank
Singapore’s central bank is stepping up a green finance collaboration with its counterpart in China, it said Tuesday, as it separately announced plans to sell up to US$1.9 billion of sovereign bonds …
