In truth, local officials are motivated more by desperation than greed. Across provinces, counties and cities, they are responsible for the bulk of government spending. But much of China’s tax revenue …
Tagged By financials
Why China’s yuan can be safe-haven currency – former bank official flags its ‘advantages’
The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for capital-control flexibility and greater efforts to boost foreign participation. The …
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan
HONG KONG] Billionaire Richard Li’s efforts to expand his insurance business into mainland China have been put on hold after Beijing reacted with fury to his father Li Ka-shing’s plan to sell a suite …
China lenders rush to sell riskiest debt to catch low yields
BEIJING] Chinese lenders are rushing to sell the riskiest kind of bank debt to capitalise on record-low funding costs. Read more at The Business Times.
Pakistan steps into China’s market with first-ever panda bond push
ISLAMABAD/BEIJING – Pakistan has launched a five-day investor roadshow in Beijing as it prepares to issue its first-ever Panda Bond – a renminbi-denominated bond aimed at Chinese investors. The …
Fidelity Bank to boost Ghana-China business ties, 24-hour economy
Fidelity Bank Ghana has reiterated its deep commitment to fostering economic growth by bridging local ambition with international partnerships. Speaking at the 2025 Ghana-China Business Summit, held …
Starbucks reportedly getting bids on China business: What we know
China business is reportedly attracting bids valued up to $10 billion, according to a report from CNBC. Yahoo Finance Senior Reporter Brooke DiPalma joins Market Catalysts with Julie Hyman to discuss …
China, South Africa banks seal first yuan loan deal to boost African development
China Development Bank (CDB) and the Development Bank of Southern Africa (DBSA) signed a loan agreement worth 2.1 billion yuan ($290 million), marking the first yuan-denominated financing cooperation …
GE Aerospace Resumes Jet Engine Shipments to China Amid Easing Trade Tensions
GE Aerospace (NYSE:GE) is one of the best US stocks to buy and hold in 2025. On July 3, the US government informed GE Aerospace that it could resume shipments of jet engines to China’s…
Nasdaq Dubai welcomes China Development Bank’s dual-currency bond listing
Dubai: Nasdaq Dubai welcomed the landmark listing of dual-currency bonds issued by China Development Bank (CDB), reinforcing Dubai’s status as a strategic international hub for fixed income issuances …
How Trump’s trade deals take aim at China
Its new deal with Vietnam and its fresh tariff threats issued to many other countries seem designed to reduce China’s role in their supply chain. Countries that had hoped to stay out of the new…
Top Asian Growth Companies With High Insider Ownership July 2025
As global markets experience varied performances, with the U.S. indices hitting record highs and mixed economic signals emerging from Asia, investors are increasingly focusing on growth opportunities …
China’s central bank is quietly surveying financial institutions about the U.S. dollar’s weakness
The People’s Bank of China (PBOC) has reportedly reached out to financial institutions in recent days to assess market sentiment surrounding the ongoing weakness of the U.S. dollar. According to …