China has spent more money from its general public budget on improving people’s livelihoods and keeping the job market stable this year, according to official data released Friday. Expenditure on …
Tagged By finance
Two factors hampering green stock indices in China
Green lending and green bonds have flourished in China, and now green stocks are set to join them. But development of the sector will require both methodologies for producing sustainability indices an …
Invesco raises $5.4 bln in China investments in first half; flags economic risks
U.S. asset manager Invesco’s Chinese joint venture withstood a volatile first half and attracted $5.4 billion from local investors, but the country’s persistent zero-COVID policy poses a threat to the …
Formaldehyde Markets in China: Demand to Increase by 5% Through 2031 – ResearchAndMarkets.com
China’s demand for Formaldehyde has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth …
China’s Jan-Aug revenue from govt land sales down 28.5% year/year
China’s government land sales revenue for January to August shrank 28.5 per cent from the same period last year to 3.37 trillion yuan ($480 billion), narrowing from the 31.7 per cent slump recorded as …
China Budget Deficit Keeps Widening Under Covid, Property Crisis
China’s broad fiscal deficit widened to a fresh record in the first eight months of the year as land sales continued to drop while efforts to contain Covid outbreaks added to the spending burden.
Funded by China, Sri Lanka’s Colombo Lotus Tower declared open for public
The Lotus Tower of Colombo which is funded by China and constructed under its Belt and Road Initiative BRI was declared open to the public on Thursday …
Hong Kong, China financial watchdogs to give Wealth Management Connect more muscle by adding products, increasing participation: Eddie Yue
Expansion and enhancement of connect schemes crucial to promoting cross-border use of the yuan, HKMA CEO tells summit Possible new measures could include improved sales arrangements, expansion of …
China’s Car Sale Slump and How to Take Advantage
The State Taxation Administration and the Ministry of Finance announced new measures to stimulate China’s sputtering automobile industry. The statement, made on May 31, announced that purchase taxes …
Top Banks Pull Back From China Metal Financing After Crises
(Bloomberg) — JPMorgan Chase & Co. and ICBC Standard Bank Plc are pulling back from metal financing in China after a series of crises and scandals, adding pressure to a sector already hard hit by…
China’s Swap Markets Signal Near-Term Easing Bets Are Fading
China’s bond traders are growing less optimistic about the prospects for more monetary easing, if the derivatives markets are anything to go by. The nation’s one-year interest rate swaps, which show …
China struggles against political, economic stability ahead of 20th Party Congress
China’s economy, both at the central and provincial levels, is under considerable stress as two of the world’s biggest investment banks have slashed China’s economic growth forecast, ahead of the 20th …
China reports 986 new COVID cases for Sept 15 vs 1,083 a day earlier
That compares with 1,083 new cases a day earlier – 167 symptomatic and 916 asymptomatic infections, which China counts separately. There were no new deaths, same as a day earlier, keeping the nation’s …
