Li Keqiang vows to ‘facilitate international exchanges and people mobility’, at annual round-table gathering featuring face-to-face exchanges with heads of IMF, World Bank, WTO and others China’s …
Tagged By financials
China $108 Billion Bond Sale Expected to Refinance Old Debt
China will sell 750 billion yuan ($108 billion) worth of special sovereign bonds next week, in a move economists said was likely to be a rollover of existing debt rather than representing new stimulus …
China’s Xi tells Gulf nations to use Shanghai exchange for yuan energy deals
China’s President Xi Jinping said in Riyadh on Friday that China and Gulf nations should make full use of the Shanghai Petroleum and National Gas Exchange as a platform to carry out yuan settlement of…
China, HK stocks extend rally as Beijing eases COVID rules
China and Hong Kong stocks rose on Friday as investors continued to bet on companies that stand to gain from China’s COVID policy pivot, driving up consumer and healthcare stocks. Property shares …
Beijing issues 140M yuan in subsidies to support cultural enterprises
According to the Beijing State-owned Cultural Assets Administration Center, 85.66% of cultural enterprises currently face liquidity shortages due to the ongoing COVID-19 pandemic, and 62.89% of …
China’s Li Auto Sees Higher Deliveries in Q4; Third-Quarter Loss Widens
China’s Li Auto Inc on Friday forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management. The electric vehicle maker …
Take Five: the Grand 2022 Central Bank Finale
Investors will be fed a huge helping of year-end U.S. news when Tuesday’s release of November consumer inflation data is followed by the Federal Reserve’s last rate decision of 2022 on Wednesday.
Inflation In China Falls Below Two Percent In November
China’s consumer inflation slowed further in November as it fell below two percent for the first time since March, official data showed Friday, providing authorities room to unveil fresh measures to …
China’s Muted Inflation Leaves Room for Policy Stimulus
(Bloomberg) — China’s factory-gate prices contracted again in November while consumer inflation eased as Covid disruptions suppressed demand, giving the central bank some room to ease policy as the …
China Factory-Gate Prices Remain in Deflation on Weak Demand
China’s factory-gate prices contracted again in November while consumer inflation eased as Covid disruptions suppressed demand, giving the central bank some room to ease policy as the economy tries to …
World Bank chief urges China to take ‘active leadership’ on debt
World Bank President David Malpass on Thursday told senior Chinese government officials that Beijing needs to do more to ease the debt burdens on developing economies, the development lender said.The …
China’s Balance of Payments Data Does Not Add Up
China’s balance of payments data doesn’t quite make sense right now. Significant, and poorly explained, gaps have developed between the reported numbers in the balance of payments and the underlying …
‘Honest grandma’, 92, repays US$3 million in debt in 10 years after refusing to declare bankruptcy wins ‘most beautiful’ citizen award in China
A factory owner who found herself in financial difficulty is celebrated in China for her commitment to repaying her debts Despite advice to declare bankruptcy after her business failed, she insisted …