Recent protests in China’s Henan province underline the risks being faced by banks as the real estate sector continues to struggle. The real estate sector in China accounts for around 24 per cent of …
Tagged By finance
‘No sense’: Peter Dutton doubles down on Beijing rhetoric
Peter Dutton has rejected calls to tone down his rhetoric on China despite concerns it could lead to blowback within the Chinese-Australian community.
China to keep monetary policy stable
BEIJING: China will likely keep its monetary policy stable and on target in the second half as consumer inflation is expected to rise mildly within a reasonable range in the rest of the year, experts…
China and Taiwan war risk ‘very high’
The best available analysis implies China will attempt unification with Taiwan sooner rather than later. About a month ago, one of our top geopolitical and military advisers – and far and away the …
China’s new financial threat lurks in the shadows
Beijing has just sent another signal that shows just how concerned authorities are that the implosion of China’s property development sector could ignite a wider financial crisis.
US-China: A great power war
Even though America is a superpower due to its powerful alliance, making it in charge of the Western bloc, and its currency, but this will never stop …
LianBio Reports Second Quarter 2022 Financial Results and Provides Corporate Update
Completed enrollment in China Phase 3 trial of mavacamten; topline data expected mid-2023 Submitted mavacamten New Drug Application (NDA) in Singapore Submitted infigratinib NDA in Hong Kong Three …
China finance ministry: Wang Dongwei becomes vice minister
China has appointed Wang Dongwei as one of its vice finance ministers, according to the finance ministry’s website on Thursday.
How Rising U.S.-China Tensions May Hurt Efforts to Fight Climate Change
“U.S.-China engagement on climate is sorely needed…to ensure that bilateral tensions do not irreparably harm the ability to reduce emissions” …
China’s inflation warning raises bar for further central bank easing
The central bank will both support economic growth and ensure stable prices, the PBOC said in its quarterly monetary policy report released Wednesday. At the same time, it will provide stronger and …
Amex GBT Stays Patient on China to Recoup Missing Revenue
American Express Global Business Travel is banking on a “steady and modest” recovery in the second half of the year, in particular from eventual trips to …
Everybody Is Blaming China: Bangladesh Warns Countries Against Chinese ‘Debt-Trap’ Diplomacy
In a shocking statement, Bangladesh has warned that developing nations must think twice before taking more loans from China. Bangladesh’s Finance Minister AHM Mustafa Kamal’s statement comes at a time …
China’s top chip maker SMIC beats earnings estimates despite threat of more US sanctions
Semiconductor Manufacturing International Corp reported revenue growth of 41.6 per cent for the June quarter Net profits were down 25 per cent from the same period last year, as gross margin rose to …