The Bank of China (BoC) , the Bank of Communications and CCB reported quarterly net profit gains of 4.38%, 1.2% and 3.79%, respectively. ICBC rose 0.2% in Shanghai on Thursday morning after the …
Tagged By financials
What do Beijing official Xia Baolong’s Jardine Matheson, HSBC meetings mean for Hong Kong?
Experts weigh in on back-to-back meetings with major British companies and the ‘clear message’ being sent to the US Meetings between Beijing’s top official in charge of Hong Kong affairs and two major …
China’s finance sector comes to grips with new normal in year since landmark conference
China’s central financial work conference laid down stricter standards for the field one year ago. How have practices and attitudes changed?
China stimulus should go hand in hand with reforms, ex central bank adviser says
China’s stimulus efforts could come with a cost and they must be carried out alongside reforms to ensure sustainable economic growth, Liu Shijin, a former central bank adviser, said in remarks …
China’s looming fiscal package set to stabilise rather than boost growth
China’s planned fiscal package targets damaged property and local government balance sheets that weigh on the economy and fuel deflationary pressures, thus acting as a stabiliser rather than the …
China stimulus should go hand in hand with reforms, ex c.bank adviser says
China’s stimulus efforts could come with a cost and they must be carried out alongside reforms to ensure sustainable economic growth, Liu Shijin, a former central bank adviser, said in remarks …
EU’s extra tariffs of up to 35.3% on Chinese EVs angers Beijing
The EU’s decision to impose hefty tariffs on Chinese-made electric cars prompted anger from Beijing on Wednesday, after an anti-subsidy probe concluded China’s support undercut European automakers.
Beijing files WTO complaint over EU’s new taxes on Chinese EVs
Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union’s decision to impose hefty tariffs on Chinese-made electric cars. China slammed Brussels’s …
Beijing files WTO complaint over EU’s new taxes on Chinese EVs
Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union’s decision to impose hefty tariffs on Chinese-made electric cars. China slammed Brussels’s …
EU slaps tariffs on Chinese EVs, risking Beijing backlash
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation that has divided Europe and prompted …
China’s $1.4 trillion lifeline: Real estate crisis response
China is preparing a fiscal package worth over 10 trillion yuan to support its economy amidst challenges related to local government debt and the real estate crisis. The decision is expected to be …
FirstFT: China’s ‘rich list’ of billionaires shrinks again
Also in today’s newsletter, US and Taiwan set for talks to end double taxation, and PwC profits fall in Asia amid scandals …
Exclusive: China considers over $1.4 trillion in extra debt over next few years
China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which is expected to…
