China’s plans to accelerate its world-leading expansion of solar and wind power are facing a major hurdle as floods, droughts and food-supply issues present authorities with a reality check about how …
Tagged By finance
China’s mortgage boycotts are a symptom of a broader crisis
For years, China’s property developers operated along similar lines. They would sell flats far in advance of building them. The money raised for these flats was supposedly reserved for building them, …
What we know so far about ‘Langya,’ the new virus discovered in China
According to data from Taiwan ’s Centers for Disease Control (CDC), though the virus has already infected 35 people, none have become seriously ill or died. The virus has been identified in China ’s …
China allies: China’s key allies as Taiwan warns of impending ‘invasion’
CHINA’S posturing over Taiwan has raised fears that the global superpower may soon move to annex its island neighbour, potentially igniting a global conflict in a world still reeling from Putin’s …
China discovers potentially fatal new virus passed to humans from shrews
The Langya Henipavirus, known as ‘Langya’, has already infected 35 people says Taiwan’s Centers for Disease Control …
China Graft Probes Stem From Anger Over Failed Chip Plans
China’s top leadership has grown increasingly frustrated with a years-long failure to develop semiconductors that can replace US circuitry, an embarrassment capped by a flurry of anti-graft probes …
Interview: Expectations high on China’s green finance market toward sustainable growth
China’s green finance market is in full swing, thanks to the rapid expansion of green industries and low-carbon transformation of traditional sectors amid the country’s drive to promote sustainable …
China orders surprise audit of $4 trillion shadow banking industry amid mortgage crisis
The move shows how concerned authorities are about contagion from the property sector destabilising the financial industry. Read more at straitstimes.com.
China Orders Surprise Audit of $3 Trillion Trust Industry
China’s top auditor is conducting a review of the $3 trillion trust industry, paving the way for a potential overhaul of a key shadow banking sector where losses on property loans are mounting.Most …
China orders audit of $3-T trust industry – Bloomberg News
China’s top auditor is conducting a review of the $3-trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar with the matter. China’s trust industry has been a …
China’s July new yuan loans expected to more than halve from June: Reuters poll
China’s new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to exceed the year earlier amount as the…
China Corruption Probes Stem From Anger Over Failed Chip Plans
China’s top leadership has grown increasingly frustrated with a years-long failure to develop semiconductors that can replace US circuitry, an embarrassment capped by a flurry of anti-graft probes …
Bangladesh’s finance minister warns on loans from China
Asian Infrastructure Investment Bank and Japan International Cooperation Agency, Kamal said. He added that he was optimistic the country would secure loans from them. His comments came as China’s …