China will facilitate the expansion and improve the effectiveness of the proactive fiscal policy to cope with multiple challenges ahead, a senior official said. The unsolid fundamentals for economic …
Tagged By financials
Beijing threatens ‘countermeasures’ on countries requiring Covid tests on passengers from China
Beijing has condemned countries requiring Covid tests for passengers coming from China and threatened its own “countermeasures”. The UK is among the nations that will require those coming from China …
China securities regulator to check brokers’ financing needs after Huatai share plan
A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang …
China’s market watchdog to scrutinise brokers’ fundraising after Huatai’s US$4.1 billion share placement plan
Huatai Securities’ record share placement plan has triggered alarm bells at China’s securities watchdog, as brokerages look to tap the capital market to replenish funds.
China’s reopening is an economic tide that will raise boats across Asia
China’s Covid-19 setbacks are temporary. Its reopening will boost demand for commodities, tourism and luxury goods, lift stock prices and support Asian currencies and economies, especially Hong Kong’s …
Troubled China Evergrande pledges to repay debts in 2023
China Evergrande has pledged to repay its debt this year, as the property giant faces a restructuring following Beijing’s crackdown on excessive borrowing and rampant speculation in the real estate …
China’s bond market issuances top 5.06t yuan in November 2022
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] BEIJING– Bond issuances in China topped 5.06 trillion yuan ($726.53 b …
China’s economy ends year in major slump as Covid infections surge
Official data over the weekend showed the decline in manufacturing worsened last month, while activity in the services sector plunged the most since February 2020 …
Top 10 financial centers in China
The total added value of the financial industry in 36 Chinese financial centers reached 5.69 trillion yuan ($816.5 billion) in 2021, accounting for 62.4 percent of the figure in the country. By the …
What the great reopening means for China—and the world
Meanwhile, exchanges between China and the outside world fell to their lowest in decades. Few foreign students remain in the country. Overseas tourism has collapsed. Mr Xi himself has only recently …
China’s top economic planner vows more efforts to boost private sector recovery in 2023
China will unswervingly deepen economic reform and focus on … and they need stronger support from the government and financial institutions, said Cao Heping, an economist at Peking University. “For …
Hong Kong property expected to recover on China border reopening, finance chief says
Hong Kong Financial Secretary Paul Chan said he is optimistic about the city’s economic prospects for this year and expects the local real estate market to rebound after the China border reopens. Read …
Xi Warns of Tough Covid Fight, Acknowledges Divisions in China
President Xi Jinping said tough challenges remain in China’s fight against Covid-19 and acknowledged divisions in society that led to rare spontaneous protests, after weeks of silence on a virus …
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