China is taking measures to support its property market, so declines are likely to ease—and even if they don’t, we’re not looking at a subprime crisis.
Tagged By finance
‘China’s zero-COVID approach is, simply put, a mistake,’ says UNC-CH finance expert
As the world navigates financial and geopolitical turbulence, one key question is how China will fare amidst the maelstrom of volatility. Christian Lundblad, Senior Associate Dean for Faculty and …
China’s largest banks weather property woes but margins narrow
China’s largest lenders have posted third-quarter profit rises of more than 4% as their diverse lending portfolios kept them above the fray of property market woes.
China’s zero-Covid policy can lower economic growth in neighbouring Asian countries, warns IMF
The economic slowdown in China due to its stringent zero-Covid policy and intermittent lockdowns could spell trouble for its Asia neighbours with whom the country shares strong financial band trade …
HKS economists see complex paths forward for international trade and finance—with the United States and China as key players
Robert Lawrence, Carmen Reinhart, and Dani Rodrik—analyzed the current state of international trade and finance, and what lies ahead, at the first in a series of faculty panels on current global …
How to better understand China’s development policies for the ‘Global South’
The West views with suspicion China’s engagement in development finance, and its global initiatives for development and security But viewed through a Chinese prism, the nature of North-South relations …
Chinese Communist Party congress highlights Hong Kong as bridge to the world in finance and culture, mainland’s top diplomat in city says
Constitutional changes bolster Beijing’s commitment to city’s special status, commissioner of foreign affairs ministry in Hong Kong says Party congress shows country’s vision of city as bridge to the …
China Construction Bank’s third-quarter profit up 8.6%
China Construction Bank (CCB) , the nation’s second-largest commercial lender by assets, on Friday reported third-quarter net profit up 8.6% year on year.
China steps up financial support for real economy: official
China has beefed up financial support to further bolster the country real economy this year according to a report submitted to the …
Top Contender for PBOC Governor Named Acting Mayor of Beijing
Yin Yong, who was regarded as a strong candidate to be the next governor of the People’s Bank of China, was named acting mayor of Beijing city, potentially putting him out of the race to…
China names Beijing Mayor Chen Jining as new party boss of Shanghai
Mr Huang Kunming has also been named Guangdong Communist Party chief, replacing Mr Li Xi. Read more at straitstimes.com.
Three of China’s largest lenders report over 6% rise in third quarter profit
Three of China’s largest lenders posted third quarter profit rises of over 6% as non-performing loan ratios shrunk.
China Names Beijing Mayor Chen Jining As Shanghai Party Boss
China has named Beijing Mayor Chen Jining the new Communist Party leader of Shanghai, a move that comes as the Asian nation reshuffles key leaders following a congress that President Xi Jinping used …
