As China controls the internet companies under toughened laws, social media platform WeChat has shut down a Bloomberg social media account, accusing it of violating country’s regulations on online …
Tagged By finance
China sets capital requirements for financial asset investment firms
China on Friday tightened rules on companies that conduct debt-to-equity businesses for banks, setting capital adequacy requirements for so-called financial asset investment firms. Such companies …
China’s central bank tightens cash flow, hints at economic recovery
The People’s Bank of China cut its daily cash injection to a minimal 3 billion yuan via open market operations this week, resulting in a weekly net drain of 385 billion yuan, the biggest withdrawal…
China’s central bank tightens cash supply, hinting exit from crisis mode
China’s central bank made its biggest cash withdrawal from the financial system in three months this week, raising market suspicion that policymakers are gradually exiting crisis-mode monetary easing …
China wishes to penetrate Africa’s political landscape with its ‘debt-trap’ diplomacy: Report
After offering loans to countries in Africa China is now leveraging the debt trap to strategically penetrate the continent political landscape …
China’s once profitable railways records $900bn debt over push for growth
What was once China’s profitable high-speed railways is now heading towards a trillion-dollar disaster after reports of debt nearing a whopping $900 billion …
Chip shortage, China lockdown bite JLR; June quarter retail sales fall 37%
The retail sales were lower by nearly 46,000 units on a y-o-y basis, while that on a sequential basis were down by 183 units, the luxury vehicle manufacturer said in a regulatory update.
ETFs come to China with a vengeance
China saw a boom in homegrown exchange-traded funds, growing faster than stocks. Now the country is letting foreign investors trade those ETFs via Hong Kong.
China considers $313 billion stimulus with unprecedented bond sales
The move underscores growing concerns in Beijing over the dire state of the world’s second-largest economy. Read more at straitstimes.com.
Dalian iron ore up on China stimulus hopes, but COVID concerns drag on Singapore
Dalian iron ore prices jumped on Friday, underpinned by renewed hopes for additional infrastructure spending by China, but futures in Singapore slipped on demand worries due to COVID-19 lockdowns in …
China’s once profitable railways record USD 900bn debt amid push for expansion
What was once China profitable high-speed railways is now heading towards a trillion-dollar disaster after reports of debt nearing a whopping USD 900 billion …
China developers face $13bn wall of dollar bond payments in second half
Chinese property developers face a $13bn wall of foreign currency bond payments in the second half of this year, as a mounting default tally darkens the market outlook. China’s real estate sector has …
China Considers US$220 Billion Stimulus With Unprecedented Bond Sales
China’s Ministry of Finance is mulling selling 1.5 trillion yuan of bonds in 2H2022 to pump prime slowing economy, Bloomberg says …
