Diana Mondino’s delegation was the first official visit to China since the country’s Western-leaning government took office last year.
Tagged By financials
China sends message it wants foreign visitors to spend money, whether they pay in cash or through mobile payment apps
Going cashless in China as the locals do has proved tricky for overseas visitors with cards issued by foreign banks, and the central bank recently intervened In Japan, a town with a Lawson convenience …
China’s Sea Dragon: How new Fujian aircraft carrier could challenge the mighty US navy for ocean supremacy as Beijing’s gold-buying spree sparks fears of war
The Fujian’s launch to sea comes as experts sounded the alarm over Beijing’s efforts to buy up gold at record … in Europe and the US – a huge financial blow as the Kremlin seeks…
China’s Sorry Economy Exhibits Little Demand For Credit.
Lending and borrowing in China are sliding along a downward path — another reflection of the economy’s fundamental problems.
Agricultural Bank of China sees loan increase of 1.2 trln yuan in Q1
BEIJING, May 1 (Xinhua) — Agricultural Bank of China (ABC), one of the country’s largest commercial lenders, saw its total loans reach 23.9 trillion yuan (about 3.36 trillion U.S. dollars) by the end …
How China’s new Fujian aircraft carrier could challenge the mighty US navy for ocean supremacy as Beijing’s gold-buying spree sparks fears of war
The Fujian’s launch to sea comes as experts sounded the alarm over Beijing’s efforts to buy up gold at record … in Europe and the US – a huge financial blow as the Kremlin seeks…
Auto China 2024: CATL, Beijing Hyundai sign EV battery agreement
Chinese battery maker CATL and Beijing Hyundai have signed a strategic partnership agreement at Auto China 2024. They will cooperate on Beijing Hyundai’s EV projects, with future electric models to be …
China banking focuses on credit structure optimisation
PwC said the sector needs to continue to implement strategic initiatives. China Banking sector has remained stable, with a focus on optimising credit structures and enhancing customer-centric products …
China Market Update: Yum China Reports Q1, China PMIs Mixed
Key News Asian equities were mixed overnight in advance of tomorrow’s Labor Day holiday as Japan outperformed following its holiday yesterday.
China tensions rise to the surface as HSBC seeks its next boss
HSBC chief executive Noel Quinn and chairman Mark Tucker were in an unusually jovial mood in the early hours of Tuesday morning. Rather than focusing on Quinn’s unexpected departure after five years …
China tensions bubble up as HSBC seeks its next boss
Several internal candidates are already in the frame, including finance chief Georges Elhedery. But the shake-up is likely to reignite the long-running debate over whether HSBC needs to pivot away …
G7 urges China and others to help climate finance: ‘join us in this direction’
G7 ministers said on Tuesday that efforts to raise money to help poorer countries adapt to climate change should include countries “capable of contributing”, in a message aimed at China.
HSBC CEO To Step Down After Almost Five Years at the Helm of the Banking Giant
HSBC Holdings’ (HSBC) shares rose Tuesday after the London-based bank surprised the market and said its group chief executive (CEO), Noel Quinn, was stepping down after nearly five years at the helm.
