BEIJING/SHANGHAI, Dec 23 (Reuters) – China shares ended higher on Wednesday, buoyed by optimism that policymakers would likely avoid sudden credit policy tightening in 2021 to support an economic … ( read original story …)
Tagged By financials
U.S., China charge toward ‘full-blown cold war’ as Beijing becomes more aggressive
Beijing has doled out well over $100 billion in loans to more than 100 countries to finance roads, bridges, ports and rail lines. U.S. officials accuse China of engaging in predatory lending by … (…
China Shouldn’t Withdraw Stimulus Rapidly, World Bank Warns
China should maintain accommodative monetary policy and avoid any “significant contraction” in fiscal policy next year to keep its economic recovery from the Covid-19 pandemic on track, according to … ( read original story …)
China food security: Beijing calls for biotech breakthrough to improve seed industry
Some 3,000 years after Chinese farmers domesticated soybeans, the government is calling for another biotechnology breakthrough in the seed industry to improve food security. Concerns about food supply … ( read original story …)
Beijing’s strong sense of crisis in Ant IPO postponement
China suspended a blockbuster initial public offering of financial technology giant Ant Group Co. two days before its planned debut on the Hong Kong and Shanghai stock exchanges. Ant was on track to … (…
China Liberal Education Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2020
PRNewswire/ — China Liberal Education Holdings Limited (Nasdaq: CLEU) (‘China Liberal’, or the ‘Company’, or ‘we’), an … ( read original story …)
Beijing begins fundraising for 95 projects
Beijing recently unveiled 95 key projects with a fundraising … infrastructure (6.8 billion yuan), 14 in intelligent manufacturing (6 billion yuan), five in finance (12 billion yuan), 11 in … ( read original story …)
China’s central bank to cool credit growth in 2021, avoid premature policy tightening, sources say
Beijing is likely to reduce its fiscal stimulus next year and cut its 2021 budget deficit to about 3% of GDP from a target of at least 3.6% this year, sources say … ( read…
Sustainable financing and investing continues to interest China
China’s dynamic market sees scope for innovation when it comes to sustainable finance, however old habits persist when it comes to coal. ( read original story …)
China c.bank to cool credit growth in 2021, avoid premature policy tightening -sources
China’s central bank will scale back support for the economy in 2021 and cool credit growth, but fears of derailing a recovery from a pandemic-induced slump and debt defaults are likely to prevent it ……
Ant and Tencent halt bank deposit shopping as Beijing cracks down
China’s leading fintech companies such as Alibaba Group Holding affiliate Ant Group have removed smartphone app features that allow users to shop around for bank deposits that offer high rates, as … ( read original…
China c.bank will step up financial support for key sectors, weak links in the economy
BEIJING, Dec 21 (Reuters) – China will step up financial support for key sectors and weak links in the economy, the People’s Bank of China said on Monday. China will appropriately extend policies to ……
Ant and Tencent take down bank deposit app as Beijing cracks down
China’s leading fintech companies such as Alibaba Group Holding affiliate Ant Group have removed smartphone apps that allow users to shop around for bank deposits that offer high rates, as concerns … ( read original…
