A former Chinese central bank official has been sentenced to 16 years and six months in prison for taking bribes, leaking state secrets and insider trading as the ruling Communist Party tightens its …
Tagged By financials
The Great China Unwind: Foreign Investors Pull $29B Out Of Chinese Equity Markets In 2023
Nearly 90% of foreign investment into Chinese equity markets in 2023 withdrawn amid growth concerns & losses from real estate sector.
How China’s Property Crisis Blew Up Bets That Couldn’t Lose
Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects stalled.
China’s finance minister highlights proactive fiscal policy at symposium
BEIJING, Dec. 28 (Xinhua) — China will continue to implement its proactive fiscal policy to provide financial guarantees for building a modern socialist country in all respects, Minister of Finance …
China’s central bank to step up policy adjustments, drive price rises
CHINA’S central bank said on Thursday (Dec 28) it would step up macroeconomic policy adjustments to support the economy and promote a rebound in prices. Read more at The Business Times.
China will step up implementation of monetary policy, keep liquidity reasonably ample
China will step up the implementation of the monetary policy that has been put in place, the central bank said at a regular meeting on Thursday. The People’s Bank of China (PBOC) will keep liquidity…
China’s economic, social development under 14th 5-year plan on track despite ‘extremely unusual’ time
China’s 14th five-year plan for 2021-25 are within expectation or better than anticipated, according to Beijing’s top economic planner But energy consumption, carbon emission, air quality and …
China aims to moderately strengthen fiscal policy next year
“China’s proactive fiscal policy should be moderately strengthened with improved quality and efficiency next year”, said Finance Minister Lan Fo’an. In a report delivered on Thursday in Beijing, Lan …
Beijing Review: The Time Is Always Right to Do What Is Right
In a move that showed both countries’ keenness to expand air travel after the COVID-19 pandemic, in turn reflecting an implicit eagerness to up mutually beneficial cooperation, China and the United …
China’s Finance Minister: China’s economy is to have more opportunies than challenges in 2024
CHINA’S FINANCE MINISTER: CHINA’S ECONOMY IS TO HAVE MORE OPPORTUNIES THAN CHALLENGES IN 2024. China’s yuan firmed against a weakening US dollar on Thursday, as the dollar index fell in late session …
China Tightens Its Grip On Critical Metals With A New Trade Ban
Closing the gap with China in the production of critical metals is likely to prove harder and take longer than some governments expect.
China’s industrial profits jump despite lingering deflation woes
China’s industrial profits soared in November, helped by favourable year-ago comparisons and a raft of stimulus measures aimed at reinvigorating an economy that has struggled with deflationary …
Shares of Tencent and NetEase bounce back as Beijing seeks to quell fears of a new gaming crackdown
Those gains are still some way off from Friday’s market rout. A set of draft rules released by Beijing on Friday blindsided investors, wiping out about $80 billion in value from the industry. The new…
