China’s internet platforms are quietly reviving consumer lending, taking Beijing’s push to make household borrowing cheaper as a signal that regulators may be easing a years-long crackdown on the …
Tagged By financials
China exempts chips used by carmakers from export curbs
China has lifted export controls on computer chips vital to car production, the country’s commerce ministry has said. Exemptions have been granted to exports made by Chinese-owned Nexperia for …
Beijing targets trusts to stem shadow banking risks
BEIJING, Jan 20 (Reuters) – China is intensifying its cat-and-mouse pursuit of the 4 trillion yuan ($635 billion) investment trust industry, with credit risks on the rise as economic growth slows. The …
Where things stand on China-US trade after Trump and Xi talk
China and the United States have lowered the temperature in their spiralling trade war, bringing a precarious end to months of back-and-forth measures between the economic and technological …
6 of the best: how China’s new biotech vanguard is banking billions from breakthroughs
China’s biotech renaissance is gathering pace as home-grown innovators strike billion-dollar licensing deals with global giants.
How the Lowly Soybean Got Trapped in the Crossfire of the U.S.-China Trade Wars
Farmers from the heartland have come to depend on Chinese consumers for their livelihood, handing Beijing a potent weapon as it negotiates with Trump.
HSBC China completes key acquisition deal
HSBC China has completed the acquisition of Citi’s retail wealth management portfolio in the Chinese mainland, HSBC said on Tuesday.
China Construction Bank Announces 2025 Extraordinary Shareholders’ Meeting
China Construction Bank ( ($HK:0939) ) just unveiled an announcement. China Construction Bank Corporation has announced its Second Extraordinary …
China restores soybean licenses for U.S. firms, ends log ban
China will restore soybean import licences for three U.S. firms and lift its suspension on U.S. log imports starting November 10, its customs authority said on Friday in another …
As rivalries grow, one financial hub seeks to bridge US, China, India
Since starting as a financial hub in 2015, Abu Dhabi now has more than 300 financial firms, which manage a combined $28.6 trillion in assets—not far short of the value of America’s entire annual gross…
China’s central bank buys gold for 12th straight month
China’s central bank continued its gold accumulation in October, marking the twelfth consecutive month of additions to its reserves. Holdings increased to 74.09 million fine troy ounces, a 1.8% rise …
China borrows as cheaply as US in dollar bond market
China’s finance ministry issued $4bn of dollar bonds in Hong Kong, with the 3-year bond paying a coupon of 3.625 per cent, on par with US Treasury equivalents, and priced to yield 3.646 per cent,…
Trump Plans One-Year Pause on Port Crane Duties, China Ship Fees
The office of US Trade Representative Jamieson Greer said Thursday it was soliciting feedback on the one-year truce. The trade office proposed pausing tariffs on imports of ship-to-shore cranes and …
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