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 …
Tagged By finance
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 …
China’s general public budget revenue down 2.7% in Jan-April
Photo/Agencies] BEIJING – China’s general public budget revenue dropped 2.7 percent year-on-year to 8.09 trillion yuan ($1.14 trillion) in the first four months of 2024, according to the Ministry of …
Govt. to monitor impact of US tariff hikes on some Chinese imports: finance minister
A man walks in front of a Leapmotor showroom in Beijing, China, Wednesday. The Biden administration on May 14 announced new tariff rates on 18 billion US dollar worth of Chinese imports. (EPA) Finance …
MAS, People’s Bank of China further collaboration in green and transition finance
The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) discussed initiatives to advance cooperation in green and transition finance between China and Singapore at the 2nd China …
Inside the collapse of China property giants and its far-reaching economic impact
Vanke, China’s largest property developer, has managed to survive the property downturn till now, but escaping the long-term real estate crisis seems questionable.
Beijing’s sanctions are worthless
China lobs worthless sanctions at outsiders, but these unexpectedly knock the legs out from under Beijing, showing how utterly ineffective it is. All it can do is sit back in embarrassment from its …
China’s capital markets set for ‘renewed growth for many years to come’ after Beijing’s rescue actions: investors
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 …
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 …
