Chinese authorities violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings back from banks that have run into a deepening cash crisis. CNN’s …
Tagged By finance
China detains alleged bank fraud ‘gang’ after rare mass protests
Members of a “criminal gang” accused of taking control of local banks have been arrested in central China after rare protests over alleged financial corruption sparked violent clashes between …
Dow Jones Market Futures Fall On China Concerns As Market Rally Faces Test
Market futures – Dow Jones futures lost 0.5% vs. fair value. S&P 500 futures sank 0.6%. Nasdaq 100 futures fell 0.9%.
LONDON MARKET EARLY CALL: Stocks seen lower on China lockdown worries
While London South East do their best to maintain the high quality of the information displayed on this site, we cannot …
China’s car, internet and property sectors to rebound in second half on back of regulatory easing, stimulus measures, says Credit Suisse
Credit Suisse says China’s car, internet and property industries rank top of its list of sectors expected to benefit from government stimulus That reflects the current pace of recovery in those …
Wild scenes as Chinese bank depositors clash with police
Video taken by a protester shows plainclothes security teams being pelted with water bottles and other objects as they charge the crowd.
China Probably Won’t ‘Take Over’ The Moon, Despite What The NASA Administrator Says
NASA Administrator Bill Nelson recently expressed concerns over China’s aims in space, and in particular, that China would, in some way, claim ownership over the Moon and stop other countries from …
White-shirted group attacks protesters at China banking scandal demonstration
Victims of what could prove one of the country’s worst financial scandals had gathered in Henan province to demand their frozen deposits be returned.
China Stimulus Unlikely to Reverse Global Metals Meltdown
Commodity investors looking to China to reverse the severe rout in global metals markets may be disappointed, with Beijing unable to deliver the kind of investment splurge that powered past bull …
China developers owe $13B in USD bond payments this year
Property developers in China are set to owe a combined $13 billion in foreign currency bond payments through the end of this year.
Chinese bank depositors face police in angry protest
A large crowd of angry Chinese bank depositors faced off with police Sunday, some roughed up as they were taken away, in a case that has drawn attention because of earlier attempts to use a…
Over 1 trln yuan raised through debt instruments in China’s interbank bond market in H1
Chinese non-financial institutions raised more funds through debt financing instruments in the interbank bond market in the first half of 2022. Net financing through debt financing instruments reached …
GT Voice: Mild ‘inflationary pressure’ won’t slow down China’s recovery
China’s economy has showed signs of recovery in recent weeks after having a hard time in the prior months as the country battled against the outbreaks of COVID-19. The country is expected to adopt a…
