Xie Zhenhua, China’s top climate diplomat, said Beijing is firmly committed to reaching its carbon neutrality goal, and called on developed nations to deliver on their promise to provide US$100 …
Tagged By finance
Virus lockdowns hit China economic powerhouse Guangzhou
A surge in COVID-19 cases has spurred lockdowns in the southern Chinese manufacturing hub of Guangzhou, adding to financial pressure that has disrupted global supply chains and sharply slowed growth i …
StanChart CEO Sees ‘Big Boost’ When HK-China Border Reopens
Standard Chartered Plc’s Chief Executive Officer Bill Winters is bullish on the bank’s China business despite the geopolitical tensions and sees things picking up when travel between Hong Kong and the …
China’s central bank grants 250 billion yuan to support private enterprises’ bond financing, including property developers
China’s central bank, the utility of the instruments for private enterprises’ bond financing, also known as “the second arrow,” will be expanded to boost the financing of the country’s private …
Asia markets mixed as U.S. awaits midterm results; China’s producer prices dropped in October
Overnight on Wall Street, U.S. stocks are coming off three-straight days of gains. The bounce for equities may be partly due to the elections, where investors are expecting Republicans to gain ground …
China banks valued like US peers at depths of 2008 crash
Pessimism about China’s banking sector is plunging to unprecedented levels, even reaching the depths where United States lenders traded during the 2008 financial crisis.
China’s Cash Drives America Towards Electrification
The greater the number of battery-powered buses, trucks, and cars in the United States, the more batteries China can sell.
Dozens of coal-fired projects face axe after China pulls overseas financing
China has cancelled the financing and construction of dozens of overseas coal-fired power plants in line with a pledge made last September. A report on coal financing by the Global Energy Monitor, …
China’s demand for our iron ore stalls, sending the price for our biggest earner spiralling
WA’s iron ore miners are ramping up production with new mines, but with the commodity price falling, is it worth it?
Foreigners Pulled $8.8 Billion From China’s Markets Last Month
Foreign investors pulled $8.8 billion from Chinese financial markets last month as stocks slumped, according to estimates from the Institute of International Finance. Outflows from China’s equity …
China’s Digital Yuan Works Just Like Cash—With Added Surveillance
China launched its first pilots of digital cash in 2019 … the US could fall behind in financial innovation or lose some of its influence over global finance. At a US congressional hearing in May,…
China Expands Financing Tool That Can Support Ailing Developers
China expanded a key financing support program designed for private firms including real estate companies, a move that promises to help developers sell more bonds and ease their liquidity woes. The …
China, Russia to drive 10% default pain for ‘junk-rated’ EM firms – JPMorgan
China’s battered property sector is forecast to have another … article with gallery 12:13 PM UTC COP27 COP 27 Developing countries need $1 trillion a year in climate finance -report, article with …