In an attempt to limit the impact of data showing foreign funds selling on market sentiment, Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local …
Tagged By finance
The US-China rivalry will reshape the landscape for Big Tech earnings
Geopolitical conflict and a “tit for tat” rivalry between US and China is a risk to future tech-earnings growth, sources told BI.
China’s ICBC to kick off TLAC bond sales with issuance of $4.15 bln
Industrial and Commercial Bank of China , said it would issue 30 billion yuan ($4.15 billion) worth of total loss-absorbing capacity (TLAC) bonds on May 15, marking the first issuance of such bonds by …
China-Middle East link is creating an ‘untapped world’ of investment potential, MSCI director says
Two regions can revitalise historical connections through financial collaboration, but more understanding is needed, says a director with index provider MSCI.
How China’s latest government overhaul is shaping up, and what it says about the Communist Party’s priorities
New bodies dedicated to issues such as financial risk and social stability are being established at a central and local level.
Biden administration set to announce new tariffs on electric vehicles from China
The White House is set to announce new China tariffs as soon as next week, with a levy on electric vehicles and other clean energy goods. The full announcement is expected on Tuesday and will…
China new bank loans fall more than expected in April to 730 bn yuan
Chinese banks extended 730 billion yuan ($101 billion) in new yuan loans in April, down sharply from 3.09 trillion yuan in March and falling short of analysts’ expectations, according to bank’s data …
China’s Credit Unexpectedly Shrinks in April Amid Weak Demand
China’s credit unexpectedly shrank in April, reflecting weak borrowing demand as the central bank refrained from easing monetary policy.
China’s credit structure improved in Q1: PBOC report
China’s credit structure has been improved. Outstanding loans extended to small and micro companies rose 20.3 percent year-on-year in the first quarter, while outstanding long-term loans extended to …
Hindustan Zinc stock soars 19% to 52-week high as positive China data lifts zinc prices
The commodity’s price on the London Metal Exchange rose over 2 percent to $2,955, fueled by positive China trade data, which reflected growth in imports and exports in April. Shares of Hindustan Zinc …
China’s consumer inflation edges upward in signal of slow economic recovery
China’s consumer inflation edged higher in April while factory prices continued to slide, pointing to a continued rocky recovery in the world’s second-largest economy as Beijing battles lagging …
Improving key indicators signal positive outlook for China’s economy
YANG HE/FOR CHINA DAILY BEIJING – China’s economy is expected to maintain its recovery momentum despite multiple challenges, as evidenced by the favorable performance of numerous key indicators, …
Biden set to hit China EVs, strategic sectors with tariffs
President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs that’s expected to target key strategic sectors with new levies.