PHOTO/XINHUA] China has completed all the major tasks of its three-year action plan for the reform of State-owned enterprise …
Tagged By finance
China Wants the World Bank to Offer Debt Relief to Zambia
China wants multilateral development banks to offer debt relief to Zambia, something the World Bank has explicitly rejected and which will further complicate efforts to restructure the country’s …
Covid hits China’s rural poor: ‘The impact on the village economy is huge’
Economic anxiety trumps fear of the virus for many in the countryside, as urban-rural income gap continues to widen …
Li stresses key role of finance in economy
Premier Li Keqiang has called for the financial system to keep bolstering its level of services to the real economy and beef up its support for efforts to expand domestic demand and optimize the …
Chinese premier stresses enhancing role of finance in stabilizing macroeconomy
Chinese Premier Li Keqiang has stressed enhancing the role of finance in stabilizing the macroeconomy and improving financial services to keep the economy performing within a reasonable range. Li made …
A U.S. Crackdown on Huawei Would Pressure Qualcomm and Intel’s China Businesses
The Biden administration is considering cutting off Huawei from American suppliers over national security concerns, according to reports.
Mao’s former barefoot doctor recalls sole foreign takeover of Chinese bank
Opportunity to buy control of a bank in China, home to the fast economic growth in the world, was certainly appealing, Shan Weijian says in new book Money Machine Jiang Zemin and his government …
China’s factory, services bounced back amid ‘rapid rebound in economic activity’, but ‘not all smiles’
China’s official manufacturing purchasing managers’ index (PMI) rose to 50.1 in January, while the non-manufacturing gauge rebounded to 54.4 But profits at China’s industrial firms fell by 4 per cent …
China’s central bank continues to add liquidity via reverse repos
China’s central bank continued to inject funds into the financial system through open market operations on Tuesday. The People’s Bank of China said on its website that it has conducted 471 billion …
Beijing seeks stronger ties with Saudi Arabia
Foreign Minister Qin Gang wants to build stronger ties with Saudi Arabia and set up a China-Gulf free trade zone “as soon as possible”, according to a …
China’s general public budget revenue tops 20t yuan in 2022
China’s general public budget revenue increased 0.6 percent year-on-year to around 20.37 trillion yuan ($3.01 trillion) in 2022, official data showed Monday. Excluding the impact of value-added tax …
Can Chinese stocks rally further? One investment bank thinks so — and names its top stock picks
The recovery in Chinese stocks gained steam on Monday, as China’s benchmark index came within striking distance of a bull market. The CSI 300 Index, which tracks the largest mainland-listed stocks, …
Global Economy to Slow Further Amid Signs of Resilience and China Re-opening
Elsewhere, China’s sudden re-opening paves the way for a rapid rebound in activity. And global financial conditions have improved as inflation pressures started to abate. This, and a weakening of the …
