Pilot projects in six provinces are delivering cheaper energy while unlocking billions in funding through green loans.
Tagged By financials
China’s Ant Group to form a financial holding company after regulatory clampdown
Regulators have instructed Ant Group to become a financial holding company under their supervision and shrink its money market fund platform, Yu’ebao Ant Group, controlled by Chinese billionaire Jack …
UPDATE 1-China March new bank loans rise to 2.73 trln yuan, beat forecast
BEIJING, April 12 (Reuters) – New bank lending in China rose more expected in March from the previous month as the central bank walks a tightrope between supporting the rapidly recovering economy …
China March new bank loans rise but broad credit growth eases
M arch new loans 2.73 trln yuan vs forecast 2.45 trln yuan March M2 money supply +9.4% y/y, vs forecast of +9.6% BEIJING, April 12 (Reuters) – New bank loans in China rose more expected…
Smartphone shipments in China in March increase 67.7%: CAICT
SHANGHAI (Reuters) – Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and Communications (CAICT) reported on …
China: Credit growth limited by deleveraging reform
Although China’s aggregate finance grew at a slower pace than last year, yuan loan growth was faster than a year ago, showing that shadow banking has continued to shrink. Together with deleveraging …
China’s post-coronavirus consumer spending ‘not enough’ to drive growth, says prominent economist
Prominent economist Yu Yongding, from the Chinese Academy of Social Sciences, says Beijing must boost infrastructure spending, because domestic consumption is not enough to drive growth.
China unveils new financial policies to further open up Hainan province
China’s financial regulators announced on Friday a set of new policies, including increased yuan convertibility and market access for foreign investors, for Hainan, a southern island province being …
Rebound Anticipated For China Stock Market
(RTTNews) – The China stock market headed south again on Friday … a trusted provider of content for a wide array of subjects across several platforms. RTT’s Financial Newswire is relied upon by some …
China Led The Recovery Trade, Now Almost Everyone Is Cautious
No matter the asset class, the outlook is turning bleak for China’s financial markets.The nation’s stocks, bonds and currency are losing their shine after an impressive start to the year, overshadowed …
RPT-UPDATE 6-China fines Alibaba record $2.75 bln for anti-monopoly violations
SHANGHAI/HONG KONG, April 10 (Reuters) – China slapped a record 18 billion … Alibaba’s internet finance arm, which was set to be the world’s biggest ever. The State Administration for Market …
Will China Help With Huarong’s $22 Billion Bill? Don’t Hold Your Breath
Huarong’s U.S. dollar-denominated bonds tumbled. The $300 million 3.375% coupon bond, due in May 2022, yielded 9.94% by Friday. With close to $22 billion dollar bonds outstanding, the quasi-sovereign …
China’s central bank should be more like the Fed, top researcher says
China’s central bank has resisted cutting benchmark interest rates or buying bonds to pump money directly into the financial system, a stimulus method known as quantitative easing. The world’s …
ADVERTISEMENT
