China is preparing a major bailout to clear over $1 trillion in unpaid bills local governments owe to private companies, according to Bloomberg. The plan involves getting China Development Bank and …
Tagged By financials
China Plans Measures to Clear $1 Trillion Local Government Debt to Private Sector
China is preparing to address a massive backlog of unpaid bills owed by local governments to private companies, a debt estimated to exceed $1 trillion, according to a Bloomberg News report. The move …
China’s Financial Flows Exceed Trade for First Time
For the first time in China, the amount of money flowing in search of investment opportunities is more than the value of goods and services its trade engines generate. The historic shift moves China a…
I left investment banking in New York to chase my dream in China. Here, it feels doable.
In Shanghai, Yangyang Guo supports herself by helping students with US college applications.
China’s US$4.5 trillion flows mark tipping point in market opening
A world-beating stock market rally has led the recent surge in two-way financial flows, which surged to an unprecedented US$4.5 trillion in the first seven months of the year Read more at The Business …
China Reacts to Fresh Trump Tariff Reports Over Russia
The United States raised tariffs on India to 50 percent in August, a trade barrier that Trump said included a 25 percent penalty for its purchases of Russian oil. New Delhi pushed back against the…
China is ditching the dollar, fast
So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of global economic activity, its tender is used in only 4% of international…
China’s state planner vows to improve policies to hit growth target
China’s top economic planner pledged stronger fiscal and monetary measures to stabilize growth and meet the country’s 2025 development goals amid rising internal and external pressures. Zheng Shanjie, …
Citi raises Hang Seng Index forecast, citing improved earnings and Beijing support
US bank also says it expects the benchmark gauge to climb to 27,500 by mid-2026 and 28,800 by the end of next year.
Trump floats 100% tariffs on China, India over Russia support: Report
US President Donald Trump reportedly suggested that Brussels and Washington jointly impose tariffs of up to 100% on China and India to pressure Russia to end its war in Ukraine.
Trump Urges EU To Tariff India, China To Put Pressure on Putin
US President Donald Trump is urging the EU to impose its own tariffs on Indian and Chinese goods to discourage them from continuing to buy Russian oil, according to sources cited by the Financial …
SEC cracks down on U.S. firms tied to China pump-and-dump schemes
The Securities and Exchange Commission (SEC) is coming after U.S. companies that are linked to stock scams coming out of China, according to a report from the Financial Times. The SEC is going after …
Trump lobbies EU for 100% tariffs on China and India
US President Donald Trump has called on the European Union to hit China and India with tariffs of up to 100% as part of his efforts to force Russian President Vladimir Putin to end the…
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