The United States and China may be close rivals as global economic heavyweights, but they are nowhere close in the world of equity market values. Boosted by the latest wave of the seemingly …
Tagged By finance
‘Systemic Rot’ in China’s Military Should Give Beijing Pause—US Official
“So the corruption revealing itself not only because some general has a really fat bank account in Switzerland … Ratner said systemic corruption within the Chinese military should make Beijing think …
CEO of a $19 billion UK bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy
China’s struggling economy is down to a crisis of confidence. Take it from the head of Standard Chartered, the $19 billion London bank that’s plugged into the Chinese market (by way of Hong Kong). The…
Does Evergrande’s Collapse Threaten China’s Economy?
A court in Hong Kong has ordered the liquidation of Chinese property developer Evergrande Group, once the world’s largest real estate company. The failure could pose obstacles to China’s economic …
China Opposes ‘Illegal Sanctions’ in Response to EU Proposal
China’s state-owned banks are tightening curbs on funding to Russian clients after the US authorized secondary sanctions on overseas financial firms that aid Moscow’s war effort in Ukraine, people …
China population: teachers face uncertain future with falling birth rate set to create 1.9 million surplus by 2035
China faces a surplus of 1.5 million primary school teachers and 370,000 middle schoolteachers by 2035, with the number of kindergarten students falling for the first time in nearly two decades in …
Australia can’t talk defence by not mentioning China
We cannot win public consent for higher defence spending without being candid with voters on where the threats come from.
China’s rural policy bank issues loans totaling 2.78 tln yuan in 2023
BEIJING — The Agricultural Development Bank of China, the country’s rural policy bank, has said that it issued loans totaling approximately 2.78 trillion yuan ($391.35 billion) in the country in 2023 …
China announces festive new yuan loans for January – but the data has a dark side
China has announced some record high new yuan loans data for January 2024 – but the figures seem to have a dark side.
Russia Reacts After Chinese Bank Threatens Putin’s Economic Lifeline
Russia has been eager to play up the successful ” de-dollarization” of its wartime economy. Elvira Nabiullina, who heads Russia’s Central Bank, told the RIA Novosti news agency in late January that …
Australia’s Top Bank CBA Lures Funds Exiting China Despite Profit Outlook
For investors fleeing China’s stuttering market amid a prolonged property crisis and looking for safe, liquid places to put their money, Australian banks, and in particular CBA as the largest and most …
Green finance: China faces acute lack of talent for sustainability-linked investment, says CFA Institute
ESG professionals have received no relevant training, and fewer than 10 per cent hold a relevant qualification, organisation says Government, enterprises and universities should work together to …
China may be making more advanced chips despite U.S. sanctions — but it still faces big problems
China’s biggest chipmaker SMIC seems to have been manufacturing advanced chips, defying U.S. sanctions designed to slow down Beijing’s progress.
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