Elise joined the SCMP in 2022 as a business reporter to cover property, banking and finance. Previously, she covered business, biotechnology, and healthcare from Hong Kong and Beijing for various …
Tagged By financials
China stocks rise after credit data; Hong Kong slips on Sino-U.S. tensions
The strong credit data let the market see the hope that social finance gradually bottomed out and the economy will recover,” analysts at China Merchants Securities said, expecting the A-share market …
Zambia rejects China’s call for World Bank to join its debt restructuring
China signalled its latest objection in January when a spokesperson for its foreign ministry said that “the key to easing Zambia’s debt burden . . . lies in the participation of multilateral financial …
China’s lagging behind on A.I. chatbot technology, says research firm
Wei Sun of Counterpoint Research says China’s tech giants have some catching up to do … a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, …
Ron Johnson calls Biden ‘compromised’ on China policy amid scrutiny over spy craft: ‘Detached from reality’
“Senator Grassley and I laid out all the troubling financial foreign entanglements that Hunter Biden … years pertaining to his tax transactions related to money funneled from China and other …
China Say It Is Not Restricting Airlines From Selling Low Fares
However, according to Caixin, a well-known Chinese financial media, it learned from multiple airlines … For example, on the Guangzhou-Beijing route, the Y-class price of Air China is 2,000 Yuan (294 …
China backflips on coal ban, starts contacting Australian producers
China has now officially come crawling back to Australian coal producers just two years after implementing a shadow ban designed to cause “economic pain”.
Reopened China a ‘short-term’ salve
Joe Biden’s former security adviser, Daleep Singh, sees China’s reopening as only a short-term offset to slowing economic growth in the developed world, amid rapid interest rate hikes prompted by …
China’s disgruntled homeowners drive ‘wave of early repayment’ on mortgages, threatening Beijing’s consumption drive
The People’s Bank of China cut the five-year loan prime rate (LPR), a reference … chief researcher at Merchants Union Consumer Finance. He added that effective measures will help discourage …
China publishes rules on risk classification of banks’ financial assets
China’s central bank and its banking and insurance regulator published rules on on Saturday regarding the risk classification of banks’ financial assets, to help accurately assess credit risks and …
China January new bank loans hit record 4.9 trln yuan, beat forecasts
Chinese banks extended a record 4.9 trillion yuan ($720.72 billion) in new yuan loans in January, up sharply from December and exceeding analysts’ expectations as the central bank moves to revive …
Why did China’s Belt and Road Initiative funding in sub-Saharan Africa fall to historical low last year?
According to a recent study by the Global Development Policy Centre at Boston University in the United States, while China’s most ambitious years of development finance are behind it, the country has …
China new bank loans jump to record $720.2 billion in January
New bank loans in China jumped more than expected to a record 4.9 trillion yuan ($720.2 billion) in January as the central bank looks to kickstart a recovery …