A view of the Huangpu River in Shanghai. [Photo/VCG] BEIJING — China’s Ministry of Finance said Thursday that S&P Global Ratings’ report affirming an A+ rating for China sovereigns with a stable …
Tagged By financials
Bank of New York Mellon sues to liquidate Sino Ocean for US$400 million debt and interest
The Bank of New York Mellon has sued in Hong Kong to liquidate the Beijing developer Sino-Ocean Group, becoming the latest in a string of cases in the city’s courts to push for financial restructuring…
Tencent Rides Hit Game for China’s Biggest Gain in Market Value
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US Export-Import Bank seeks more latitude to counter Belt and Road Initiative
Testifying before a supportive Congressional panel, the agency’s president asks for loosened restrictions to respond to Beijing’s export subsidies and finance The US agency primarily tasked with …
China Market Update: Pullback Before Plenum Could Catalyze Policymakers
Overnight, the dates for the Third Plenum, China’s big economic meeting, were released, starting on July 15 th. Today’s market action should catalyze policymakers to implement monetary policies. Such …
Chinese banks ask staffers to return some of their pay to comply with Beijing’s drive for ‘common prosperity’
Vilified by Beijing as “hedonists” over their lavish lifestyles … a new round of anti-graft inspections of some of its largest state lenders, the central bank and key regulators, the first broad …
China’s financial elite face 2.9 million yuan pay caps, bonus clawbacks
at a time when they are trying to stabilise the world’s second-largest economy and prevent systemic financial risks. The proposed caps mark a drastic shift from the era where companies doled out big …
China’s financial elite face 2.9 million yuan pay caps, bonus clawbacks
at a time when they are trying to stabilise the world’s second-largest economy and prevent systemic financial risks. The proposed caps mark a drastic shift from the era where companies doled out big …
China’s financial elite face $542,000 pay caps, bonus clawbacks
at a time when they are trying to stabilise the world’s second largest economy and prevent systemic financial risks. The proposed caps mark a drastic shift from the era where companies doled out big …
China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks
The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” …
Chinese money flows into bonds even as central bank warns of risks
China’s treasury futures leapt to fresh highs on Thursday, while long-dated yields skirted record lows, as investors continued to plough money into bonds, shrugging off repeated warnings about risk …
China’s Financial Elite Face $400,000 Pay Caps, Bonus Clawbacks
The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” …
China tariffs: Secretary Yellen talks Biden’s ‘targeted’ approach
The Biden administration recently imposed tariffs on Chinese imports valued at $18 billion, focusing on sectors such as electric vehicles, solar panels, and steel. US Secretary of the Treasury Janet …
