China’s finance ministry plans to issue ultra-long-term special government bonds next year, with proceeds used to support major national strategies and security initiatives.
Tagged By financials
China’s November new loans miss forecast as housing slump persists
China’s new bank loans rose less than expected in November, weighed down by a sharp slowdown in household borrowing amid a prolonged property slump, as policymakers pledged more stimulus next year.
China’s November new bank loans rise to 390 billion yuan, missing forecast
Chinese banks extended 390 billion yuan ($55 billion) in new loans in November, up from 220 billion yuan in October but missing expectations, according to Reuters calculations based on data from the …
Beijing-Based Cryptocurrency Trading Exchanges Told to Announce Trading Halt
Under the impact of the Chinese government’s recent formal notices of halting ICOs, Notice 99 and Joint Notice released on September 2, 2017 and September 4, 2017 respectively [1], Beijing authorities …
Focus: China’s small bank mergers shrink sector but raise financial risks
Many of China’s newly merged small banks have seen profits fall and capital buffers shrink over the past year, a Reuters review of data showed, testing Beijing’s record consolidation drive designed to …
China signals it will rely on fiscal stimulus to manage economy in 2026
China signaled on Thursday it will rely on fiscal stimulus to manage the economy in 2026, pledging to maintain a “necessary” budget deficit and debt levels to shore up growth while tackling local …
Annual Compliance Requirements for Foreign NGOs in China
Learn deadlines, reporting requirements, and tips for annual compliance for foreign NGOs in China, to stay compliant and avoid penalties.
World Bank raises China 2025 growth forecast by 0.4 percentage points
BEIJING — The World Bank on Thursday released its latest China Economic Update in Beijing, raising its 2025 economic growth forecast for the world’s second-largest economy by 0.4 percentage points.
Trump says Nvidia can sell H200 chips to China, but nothing is guaranteed
On Monday, President Trump announced via Truth Soc ial that he will approve the sale of Nvidia’s ( NVDA) H200 chips to certain companies in China and other countries. The move is a positive for…
China’s CIC profit jumps 30.4% on investment gains, financial capital under management grows
Sovereign wealth fund China Investment Corp (CIC) on Tuesday said its 2024 net profit rose 30.4% from a year earlier as returns on overseas investments exceeded targets and domestic financial capital …
China executes banker for accepting 133 million euros in bribes
In recent years, several high-ranking officials have been sentenced to death for financial excesses in the Chinese banking sector. A banker named Bai Tianhui was executed in China on Tuesday for …
China urges trade partners against tariffs as record surplus stirs tensions
China’s Premier Li Qiang urged trading partners to reject rising protectionism, a day after the world’s second-largest economy posted a record $1 trillion trade surplus driven by a rush of exports to …
Xinhua Finance to acquire Beijing Alpha Financial Engineering Company
Xinhua Finance Limited (“Xinhua Finance”) (TSE Mothers: 9399; OTC: XHFNY), China’s unchallenged leader in financial information and media, today announced it has signed an agreement to acquire Beijing …
