China’s military drills in the Taiwan Strait following House Speaker Nancy Pelosi’s trip to Taiwan are raising new questions about whether the Biden administration will ease tariffs levied against …
Tagged By finance
Chinese PV Industry Brief: China’s green finance market topped $2.9 billion in H1
Deutsche Bank has revealed that China’s green finance market surpassed CNY 20 trillion ($2.9 billion) in value in the first half of 2022. Haitai Solar has listed shares in Beijing, while Shangji has …
China new bank loans tumble more than expected amid property jitters
New bank lending in China tumbled more than expected in July while broad credit growth slowed, as fresh COVID flare-ups, worries about jobs and a deepening property crisis made companies and consumers …
China new bank loans tumble more than expected amid property jitters
New bank lending in China tumbled more than expected in July while broad credit growth slowed, as fresh COVID flare-ups, worries about jobs and a deepening property crisis made companies and consumers …
China to Accelerate Disposal of Smaller Banks’ Bad Loans
China may start a pilot program in six provinces to further speed up the disposal of bad loans by local small- and medium-sized banks, financial news media outlet 21jingji reported on Friday. The move …
China new bank loans tumble more than expected, credit growth slows
New bank lending in China tumbled more than expected in July while broad credit growth slowed, as fresh COVID flare-ups, worries about jobs and a deepening property crisis made companies and consumers …
With Alibaba stake cut, SoftBank’s Son cools toward China tech
SoftBank Group Corp’s decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed at shoring up cash reserves, but it also underlines how CEO Masayoshi Son has cooled…
Baltic States Abandon East European Cooperation With China
Latvia and Estonia joined Lithuania in abandoning the so-called 16+1 eastern European framework with China, which once threatened to divide the European Union in its relations with the world’s most …
Two officials at China’s Henan banking regulator under investigation
Two officials at Henan’s banking regulator are under investigation for suspected violations of law and discipline, China’s top banking and insurance regulator said on Friday. (Reporting by Beijing …
China’s ‘Zero-Covid’ Fiasco Will Give Dollar Rally New Life
The U.S. dollar remains an oasis of stability in a world of volatility, uncertainty and zero-Covid policy mistakes resulting in near-zero growth outlooks.
China Automotive Systems Reports Almost 200% Increase in Net Income in the Second Quarter of 2022
China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the …
China State-Owned Giants to Delist From US Amid Audit Spat
Three of China’s largest state-owned companies announced plans to delist from US exchanges as the two countries struggle to come to an agreement allowing American regulators to inspect audits of …
China’s Huawei says sales down but new ventures growing
Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S.
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