China held its loan prime rates steady, as expected after the country’s central bank kept its policy rates unchanged earlier this month.
Tagged By financials
How Elon Musk’s China challenges may cost Tesla its next $800 billion in market cap
China’s market needs and demands cheaper EV options, as it’s a country where the average urban worker earns less than $10,000 annually. Tesla’s market share in China has accordingly shrunk from 15% to 10% between…
China’s Country Garden bondholders seek talks after missed payment -sources
Country Garden bondholders are seeking urgent talks with the troubled property developer after it missed a $15 million coupon repayment, putting it at risk of default, according to three sources with direct knowledge of the…
A Financial Crisis in China Is No Longer Unthinkable
Extensive fiscal and financial imbalances have taken China, its leadership and the world into uncharted territory.
China’s Belt and Road gets ‘green’ reboot and spending boost
China’s clean energy program became a priority as China promises $100 billion of development funding – but don’t call it climate finance …
Views on Beijing’s ‘unique alternative’ split along geopolitical lines as Xi embraces Putin at belt and road forum
Belt and road forum marked 10 years of a strategy that has been criticised by many developed economies. Reactions have been divided, with focus on China’s embrace of Russia’s Putin …
China committed to enhance Sri Lanka’s credit optimization – Chinese Finance Minister
The Chinese Finance Minister, Liu Kun, during a bilateral discussions held with President Ranil Wickremesinghe in Beijing this morning (19) has reaffirmed China’s commitment to extend comprehensive …
S. Korea to continue to seek close economic ties with China: finance minister
In June 2022, Choi Sang-mok, senior presidential secretary for economic affairs, said that the era of an export boom with China that South Korea has been enjoying over the past 20 years “has drawn to…
China’s NDRC and Hong Kong Monetary Authority Strengthen Bonds
A new chapter in international finance is being written as China’s top economic planner, the National Development and Reform Commission (NDRC), signs a Memorandum of Understanding (MoU) with the Hong …
China commits 85 per cent finance for Abuja-Kano, Port-Harcourt- Maiduguri railway projects
The People’s Republic of China has committed 85 per cent of funds to refinance the completion of the Abuja-Kano and Port-Harcourt-Maiduguri railway …
Xi Says Green Projects Will Anchor China’s Overseas Spending
In response, President Xi Jinping pledged to implement green investment standards to his signature development finance initiative, now officially entering its 11th year. Vice President Han Zheng said …
China’s 8 Steps To Boost Economies
Chinese President Xi Jinping has announced that 350 billion Yuan will be earmarked to boost the economies of developing countries, and he unveiled eight new …
Vladimir Putin gets diplomatic stage at belt and road gathering in Beijing
Shunned by the West, Russian president goes on charm offensive as he meets leaders of Thailand, Vietnam, Indonesia and EU nation Hungary.
