Fitch Ratings believes China Huarong Asset Management Co., Ltd.’s (BBB/Rating Watch Positive) recapitalisation and asset sale plan will realign the company towards its core policy role of distressed …
Tagged By financials
Economic Watch: China strives to keep employment stable
Facing the COVID-19 impact and downward pressure of the economy, China is looking to keep employment stable. As measures keep rolling out to ensure people get jobs, more policies are needed to cope …
China to issue new-year commemorative coins
China central bank will issue a set of commemorative coins starting next Tuesday in celebration of the upcoming new year The set o …
China & Russia are ready to end US dominance of global finance
Russian President Vladimir Putin held extensive talks with his Chinese counterpart Xi Jinping earlier this week with the two world leaders agreeing on p …
China overtakes US in national net worth to grab top spot
BEIJING: China’s net worth reached US$120 trillion in 2020 to overtake the US’ US$89 trillion as a red-hot real estate market drove up property value, according to a report by McKinsey Global …
China’s financial institutions post rising assets
China financial institutions saw expanded balance sheets by the end of the third quarter this year official data showed Wednesday …
Complaints againt China’s banking sector rise in Q3
Consumer complaints received by the China Banking and Insurance Regulatory Commission and its local bureaus rose 26 percent year o …
China, US regulators start talks on audit inspection of Chinese companies on American exchanges amid moves to delist these firms
China’s securities regulator and American authorities have initiated talks on the audit inspection of US-listed Chinese companies amid the potential delisting of these firms.
Chinese shadow banking assets to further decline: Moody’s
China shadow banking assets will continue to drop as regulators in the country increase focus on containing systemic risks in the f …
China’s Central Bank Increasingly Under Beijing’s Control
Pressed by senior leaders anxious about the declining economic growth, the People’s Bank of China (PBOC) announced earlier this week that it would cut the …
Sell the Rumor Fails in China Biotech as It Roars Back
Some of China’s biggest drugmakers saw at least $22 billion of market value vanish after a day of wild speculation over possible inclusion in President Joe Biden’s blacklist.Most Read from …
China’s securities regulator ready to communicate with US counterparts on audit oversight cooperation
China Securities Regulatory Commission (CSRC) said Friday that it stands ready to further communicate with its counterparts in the United States on audit oversight cooperation. “Currently, dialogues …
US comes a-courting in Asean as it pressures Beijing. What will it achieve?
While Secretary of State Antony Blinken’s visit helped to rebuild ties after Donald Trump, he offered few details on Washington’s Indo-Pacific strategy.
