On Dec. 20, the People’s Bank Of China (PBOC) announced a five-basis point cut in its one-year Loan Prime Rate (LPR), taking it from 3.85 percent to 3.80 …
Tagged By finance
Banking veterans back China-focused tech start-up
Lord Rothschild and Sir Simon Robey are among investors in the new company that invests in Chinese and Korean tech firms …
Hong Kong to let MPF invest in China sovereign, policy bank bonds
Hong Kong will allow the Mandatory Provident Fund to invest in China’s sovereign and policy bank bonds. Each of the roughly 320 MPF funds will be able to allocate up to 30% of their total…
China’s Economic Growth Likely To Face A Downturn In 2022, Says World Bank
China: According to World Bank, China’s GDP is expected to expand by 8 per cent this year, a figure that is lower compared to the previous year’s forecast.
China Is Poised to Retain Worldwide Box Office Crown, While Decoupling From Global Film Industry
China will be the world’s largest box office market for the second year running, overturning the decade-long rankings and staying ahead of the North American market as it did in for the first time in…
China’s non-financial outbound direct investment down 2.9 pct in Jan.-Nov.
China’s non-financial outbound direct investment (ODI) reached 640.38 billion yuan in the first 11 months of the year, down 2.9 percent year on year, official data showed Thursday. In U.S. dollar …
China’s Local Gov’t Bond Issuance May Stay Above USD628 Billion Next Year, Experts Say
In the context of stabilizing the economy, the scale of new local government bond issuance in China is expected to continue to remain at a high level of more than CNY4 trillion (USD628 billion) next…
China targets online platforms in quest to ‘clean up’ internet
The investigation comes against the backdrop of a wide-ranging crackdown by regulators on several sectors, with officials tightening oversight of companies in technology, real estate, gaming, …
China Will Need World’s Grains to Feed Home-Grown Meat Ambitions
China’s reaffirmation of a long-term goal to be almost entirely self-sufficient in pork production means it will keep scooping up global grain supplies to feed the world’s largest pig herd. Most Read …
China Hopes U.S. Could Create Conditions to Expand Trade Cooperation
China hopes the United States could create conditions for both sides to expand trade cooperation, the Ministry of Commerce said on Thursday, when asked about the latest in the implementation of the …
China’s economic downturn ramps up urgency for Beijing to keep market expectations in check
Analyst expects China’s gross domestic product growth will weaken to 2.9 per cent in the coming quarter, and Beijing is urged to exercise caution in introducing policies that have a contractionary …
China’s economic growth will slow sharply in 2022: World Bank
China’s economic growth has been given a bleak picture by World Bank’s report as the world’s second-largest economy faces mounting headwinds from the new Omicron variant to a severe property sector …
How Defaults in China Are Reshaping Its Credit Market: QuickTake
Chinese policy makers have long sought to liberalize the nation’s credit market by allowing more defaults, to disabuse investors of the notion that some companies are too big to fail. They’ve …