Beijing’s recent attempt to address the trillions in hidden debt held by local governments only scratches the surface.
Tagged By finance
China’s home prices set to stabilise by 2026 after slower falls – Reuters poll
China’s home prices are expected to fall at a slower pace this year and next, and stabilise in 2026, a Reuters poll showed, as a slew of support measures to reverse a years-long property slump…
China investigates a top military official as Xi broadens purge of PLA generals
China has suspended a top military official and placed him under investigation for corruption, the defense ministry said, as leader Xi Jinping broadens a sweeping purge in the upper ranks of the world …
China General Education Reports 2024 Financial Results
Despite this growth, the company’s gross profit decreased to RMB 157,528,000 from RMB 174,901,000, and net profit fell to RMB 108,416,000 from RMB 137,256,000. The decline in earnings per share from …
High-ranking military official in China placed under investigation, defense ministry says
High-ranking military official in China placed under investigation, defense ministry says – China’s Defense Ministry says a a high-ranking military official is under investigation …
China Minsheng Bank Wins Legal Battle Over Loan Dispute
China Minsheng Banking (HK:1988) has released an update. China Minsheng Banking Corp. has successfully upheld a legal decision against Oceanwide …
US business cycle calls for deeper China-US economic ties
China’s Vice Minister of Finance Liao Min recently met with several business and academic leaders from the US in Beijing. During the talks, the US representatives voiced their hope to strengthen …
China investigates high-ranking general as Xi’s military purge broadens
China has suspended a top military official and placed him under investigation for corruption, the defense ministry said, as leader Xi Jinping broadens a sweeping purge in the upper ranks of the world …
Foreign financial institutions beef up investment in China amid greater opening up
This year, other foreign financial institutions, especially securities firms, have also increased their presence in the country as China steadily promotes the all-round institutional opening up of the …
China criticises Trump tariff threat, says it won’t solve America’s problems
China attacked U.S. President-elect Donald Trump’s pledge to slap additional tariffs on Chinese goods over fentanyl flows, saying his incoming administration was pushing the blame for America’s opioid …
China investigates high-ranking general as Xi’s military purge broadens
China has suspended a top military official and placed him under investigation for corruption, the defense ministry said, as leader Xi Jinping broadens a sweeping purge in the upper ranks of the world …
China Probes One of Nation’s Top Military Officials, AFP Says
China has suspended Miao Hua from the top military body led by President Xi Jinping, ramping up a graft probe that’s roiling the upper echelons of the People’s Liberation Army.Miao has been placed …
How much will China spend to kick-start its economy?
China announced more than $2.03 trillion in stimulus to boost … The new measures are much larger than the amount unleashed in the wake of the 2008/9 financial crisis, which was worth up to 4…
