China’s central bank will strengthen the implementation of its prudent monetary policy and bring forward steps to support the economy, vice governor Pan Gonsheng said on Thursday. The People’s Bank of …
Tagged By financials
China’s draft cybersecurity rules pose risks for financial firms, lobby group warns
China’s proposed cybersecurity rules for financial firms could pose risks to operations of western companies by making their data vulnerable to hacking, among other things, a leading lobby group has …
China’s Green Finance Market: Policies, Incentives, Investment Opportunities
China’s green finance market is poised for growth, supported by the development of its green finance system and various government policies and initiatives.
Shanghai reopening: all exchange staff, who have kept China’s largest bourse ticking through two-month-long lockdown, to leave closed loop on June 6
All technicians, compliance officers and back-office clerks will be able to commute from home every day Some employees were allowed to leave the closed loop on Wednesday The Shanghai Stock Exchange …
China banks appeal for relaxation of documentation rules to ease funds flow-sources
Banks in China are urging regulators to relax rigid documentation rules as companies there have not been able to fulfill them due to COVID-19 lockdowns, forcing the lenders to halt services such as …
China’s Pork Rally Poses Inflationary Risk to Virus-Hit Economy
A rally in Chinese pork prices that got underway in mid-March looks set to continue, posing an inflationary threat that may make it tougher to kickstart the economy from its virus-induced slump.Most …
China local govts issue 2.03 trln yuan in special bonds in Jan-May
BEIJING :China’s local governments have issued a net 2.03 trillion yuan ($302.91 billion) in special bonds in the first five months of the year, a finance ministry official said on Thursday. That …
Buy-the-Bottom Calls on China Get Louder as Shanghai Reopens
Investors are trying to get ahead of any good news in China, as the lifting of a lockdown in financial center Shanghai eases pressure on a struggling economy.Most Read from BloombergElon Musk’s …
China Green Finance Pioneer Sees Loan Slowdown as Economy Stalls
Demand for green loans in China is poised to slow alongside the rest of the economy after growing three times faster than the overall market in the first quarter, according to the lender that helped…
How to engage with China
The G7 countries should focus on identifying areas of common interest with China where the risk of misunderstanding and disagreement is low and seize whatever opportunities for cooperation there may …
3M expects $300 mln revenue hit from China COVID lockdowns
Industrial conglomerate 3M CO on Wednesday warned of a $300 million hit to revenue in the current quarter as COVID lockdowns in China slam demand and worsen supply chain issues.
Alibaba best-paying tech company in China despite a crackdown
Despite China aiming to rein in domestic Internet giants, Alibaba is still the best-paying tech company in the country at an average monthly salary of $5,000, followed by ByteDance and Tencent …
China to expand climate-related stress testing of banks, central bank chief Yi Gang says
China plans to expand its climate-related stress testing of … saying the discussion about the need for climate finance was often obscured by “the need to end the many sources of anti-climate finance …