China withdrew short-term cash from the financial system for the first time in nearly two weeks, as a selloff in government and corporate bonds eased. The People’s Bank of China net drained 2 billion …
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China central bank drains short-term liquidity for first time in 8 days, bond markets recover
China’s central bank drained short-term liquidity from the banking system for the first time in eight days on Monday, as bond markets recovered from a recent sharp selloff. The People’s Bank of China …
ESR’s ARA announces milestone partnership with the Export-Import Bank of China for US$1 billion infrastructure fund
Asia-Pacific (“APAC”)’s largest real asset manager powered by the New Economy, today announced its wholly-owned subsidiary, ARA, has entered into a milestone partnership with the Export–Import Bank of …
China releases rules for management of foreign institutional investor funds in bond market
BEIJING – China’s financial authorities have released regulations to optimize fund management requirements for foreign institutional investors in the country’s bond market. The regulations, effective …
‘Joint investment offer made by Pakistan to Beijing and Riyadh’: Ahsan Iqbal
JEDDAH: Minister of Planning, Development and Special initiatives Ahsan Iqbal on Sunday said that Pakistan has made a joint investment offer to China and Saudi Arabia based …
Is Yum China Holdings, Inc.’s (NYSE:YUMC) Stock’s Recent Performance Being Led By Its Attractive Financial Prospects?
Yum China Holdings (NYSE:YUMC) has had a great run on the share market with its stock up by a significant 17% over …
Former China Vice Finance Minister Calls For Global Sustainability Disclosure Standards
Former Vice Finance Minister Zhu Guangyao called for a set of “high-quality” and globally recognized sustainability disclosure standards at the 13th Caixin Summit on Saturday, as different global …
China’s stamp tax revenue up in first 10 months
According to the Ministry of Finance, stock trading stamp tax revenue went down 3.7 percent from a year ago to 235.5 billion yuan during the period. Data also showed that China’s fiscal revenue …
Chinese banking sector assets up in Jan.-Sept.
Chinese banking financial institutions saw a steady expansion in assets in the first three quarters of the year, data from the country’s top banking and insurance regulator showed. Local and foreign …
China urged to ensure stable economy, fix ‘fragile’ wealth accumulation before seeking common prosperity
Ma Xiaohe, the former head of a government think tank, believes that China’s ‘wealth accumulation mechanism is very fragile’ amid the recent common prosperity drive Common prosperity is not a new …
US-China economic ties continue to fray, despite Biden-Xi meeting
Investors in October pulled $8.8 billion from Chinese stocks and bonds, continuing an exodus that began after the U.S. and Europe imposed sanctions on Russia for its invasion of Ukraine. At the same …
Cop27: EU agrees to finance fund for poorer countries – live
12:48 Nikhita Chulani The EU’s “breakthrough” change in stance on loss and damage finance has put the spotlight on the US and China as the talks come to a close in Egypt. Both countries have…
Beijing asks residents to avoid gathering at weekend due to rapid rise in COVID-19 cases
CN) Beijing official: New local COVID cases are rapidly growing … economy following the disastrous and short tenure of his predecessor Truss). – (NO) Norway Finance Ministry: To adjust proposed base …
