BEIJING, Oct. 1 (Xinhua) — The China Development Bank, one of China’s policy banks, has stepped up financial support for infrastructure construction and green development of the country’s transport …
Tagged By financials
Churchill China plc’s (LON:CHH) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Churchill China (LON:CHH) has had a rough three months with its share price down 3.0%. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty…
China new home prices tick up in Sept, ending four-month decline – survey
China’s new home prices rose slightly in September, breaking a four-month decline, data showed on Sunday, as developers sped up launches to take advantage of a recent slew of support measures. Prices rose 0.
China picks former governor for finance ministry in Xi economic team shake-up
Lan Fo’an, a former provincial governor and veteran official, is expected to be named soon as China’s new finance minister, according to people familiar with the matter, as a reshuffle of top …
Does China’s Property Bust Make a Financial Crisis Inevitable?
Perhaps not—if Beijing plays its cards right. But serious damage to the nation’s prospects is still likely. A look at the problem in five charts.
China’s lottery ticket sales soar amid weak economy, job prospects
BEIJING (Reuters) – China’s lottery ticket sales in August soared to their … billion), the official Xinhua news agency reported on Saturday, citing data from the finance ministry. From January to …
China’s indebted local governments splash out billions to save struggling small banks
Poor liquidity at China’s regional banks could trigger instability in the state-owned financial system, reduce the credit supply for the real economy, and potentially spill over to a wide range of …
Apple, China met to discuss Beijing’s crackdown on western apps- WSJ
Chinese officials told Apple that it must strictly implement rules banning unregistered foreign apps, the report said citing people familiar with the matter. (Reporting by Jose Joseph in Bengaluru; Editing by Nivedita Bhattacharjee) Yahoo Finance
HSBC executive who criticised Britain’s stance on China leaves the bank
Lord Alton, vice chairman of the all-party parliamentary group (APPG) on Hong Kong, accused the bank of “putting profits before human rights”. At the time, Sir Sherard, who is also chairman of the …
China Blocks Executive at U.S. Firm Kroll From Leaving the Mainland
This person was able to leave China weeks later, with help from Singapore’s Foreign Ministry. Chinese authorities later imposed roughly $1.5 million in financial penalties on Mintz’s Beijing arm for …
China Bank Earnings May Fall 10% on Property Woes, JPMorgan Says
Chinese banks’ earnings may fall as much as 10% in 2024 if their bad debt ratios continue to rise on defaulting developers, according to JPMorgan Chase & Co. analysts.
China picks former governor for finance ministry as Xi shake-up continues
Lan Fo’an, a former provincial governor and veteran official, is expected to be named soon as China’s new finance minister, according to people familiar with the matter, as a reshuffle of top …
Beijing keeps focus on security, corruption and ‘worst-case scenarios’
He noted that the relationship with the United States remained tense despite recent visits to Beijing by top US officials that have yielded some results, including new joint working groups on the …
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