Hong Kong applied to join Regional Comprehensive Economic Partnership two years ago, with bloc representing nearly one-third of world’s population.
Tagged By finance
China Jan-Mar Foreign Direct Investment Fell 26.1% On Year to CNY301.67 Bln
Foreign direct investment into China dropped in the first three months of the year, underscoring the difficulty for Beijing to attract global …
German cars are the best in the world, its finance minister insists: ‘They do not have to fear Chinese competition’
German cars are “the best in the world” and the country’s carmakers do not have to fear competition from China, German Finance Minister Christian Lindner said.
Lawmakers want to make China pay its trillion-dollar debt to Americans
When the People’s Republic of China won recognition as China’s rightful government, it also inherited its predecessor government’s debts …
China writes off interest-free loans given to Zimbabwe
China has written off an unspecified amount of Zimbabwe’s interest-free loans and pledged to help the Southern African country find a way out of its debt crisis, even as activists warned of a …
Former vice president of China Development Bank indicted for bribery
BEIJING — Wang Yongsheng, former vice president of China Development Bank, has been indicted on charges of accepting bribes, the Supreme People’s Procuratorate said in a statement on Friday.
China’s Central Bank Vows to Prioritize Quality of Credit Over Size
There is still room for China’s central bank to take steps to support the economy, but efforts are needed to prevent cash from sloshing around the banking system as real credit demand weakens, senior …
Apple pulls WhatsApp, Threads from China app store after Beijing order
Apple said on Friday it had removed Meta Platforms’ WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government, which cited national security concerns.
China’s c.bank signals caution over credit boost as demand weakens
There is still room for China’s central bank to take steps to support the economy, but efforts are needed to prevent cash from sloshing around the banking system as real credit demand weakens, senior …
China’s top lenders face $221 bln loss-absorbing capital shortfall by 2025, Fitch estimates
China’s five globally systemically important banks would have a shortfall in their total loss absorption capital (TLAC) of 1.6 trillion yuan ($221 billion) by January 2025, Fitch Ratings estimates, …
China’s c.bank says has policy room but credit demand slows
There is still room for China’s central bank to take steps to support the economy, but efforts are needed to prevent cash from sloshing around the banking system as real credit demand weakens, senior …
China unloads more US Treasury bills as odds of Fed rate cuts grow slim
China has continued to sell its holdings in US debt as the likelihood of expected interest rate cuts grows more remote and Beijing looks to widen the diversity of its foreign asset pool.
China’s c.bank warns against ‘one-sided’ pursuit of credit expansion
China’s central bank cautioned on Thursday against a “one-sided” pursuit of credit expansion after data showed a slowdown in bank lending, vowing to prioritise the quality of credit over size and move …
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