China’s financial authorities on Sunday said that the lower limit for interest rates on first-home purchase loans will be cut. The lower limit for interest rates on first-home loans at the national …
Tagged By finance
China’s struggle delights some – but should make us all nervous
Covid has amplified the threats that accompany the country’s role as an economic superpower …
China Adds Support to Property Market as Shanghai Reopens Shops
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WRAPUP 1-Shanghai aims to reopen more COVID-shut businesses, Beijing battles on
SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in …
IMF win for China as yuan granted higher weight in special drawing rights
China’s will for opening up is unshakeable, central bank says, responding to doubts over dual circulation and zero-Covid strategies.
China’s new yuan loans contract in April as COVID hits
China’s new yuan-denominated loans totaled 645.4 billion yuan (about $95.05 billion) in April, central bank data showed Friday, 823.1 billion yuan shorter than the same month last year. The April …
Angel Koo Amps Up Sustainable Directives with China Financial Development
TAIPEI, TAIWAN / ACCESSWIRE / May 14, 2022 / China Development Financial (CDF) (TWSE:2883) has ambitiously been the first financial institution in Taiwan to announce a net-zero emissions target by …
Nairobi tollway an example of China’s new belt and road financing approach in Africa
The expressway opening in Kenya’s capital is part of a shift by China’s Belt and Road Initiative away from debt financing toward public-private partnerships.
Xinhua Headlines: Chinese embrace digital yuan as China further promotes pilot program
By Xinhua writers Ma Xiaocheng, Ye Ting, Meng Yingru. GUANGZHOU, May 14 (Xinhua) — In the Canton Tower located in Haizhu District, a landmark of the southern Chinese metropolis o …
China urges US to fulfill financial obligations to UN
The United States should shoulder responsibilities, take the lead in fulfilling its financial obligations to the UN, and act upon its commitment to multilateralism, Chinese foreign ministry …
(Poster) China in World Press: Global investment banks in China turn a profit
Global investment banks in China, such as JPMorgan Chase, Goldman Sachs and Morgan Stanley, made a profit in 2021, according to figures reported by the banks and seen by the Financial Times.
China revises rules for insurance funds investing in financial products
China’s banking and insurance regulator on Friday expanded the scope of financial products for insurance funds to invest in as it tries to improve the quality and efficiency of insurance funds serving …
Internet Stocks Rally, China’s Weight To Increase In MSCI EM, Week In Review
Asian equities were mixed but mostly higher overnight as Hong Kong outperformed, led by internet stocks on little in the way of news.