VCG. China’s Vice Minister of Finance Liao Min co-chaired the 16th China-EU Financial Dialogue with EU officials in Brussels, Belgium on Monday, according to a stat …
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Kenya retracts comment on China debt talks, sowing confusion
Kenya denied on Wednesday it had discussed debt restructuring with China’s finance minister after amending a reference in a social media post released in the wake of a meeting between the two …
Mbadi holds talks with China’s Finance Minister to strengthen trade and investment ties
Minister Lan Fo’an reaffirmed China’s commitment to supporting Kenya’s economic agenda, including financing infrastructure projects under the Belt and Road Initiative (BRI) and expanding cooperation …
China government debuts green sovereign bond offering
China has launched its inaugural green sovereign bond sale, aiming to raise up to 6 billion yuan ($826 million) while also securing a London listing. The bonds, with 3-year and 5-year maturities, are …
China to inject $69 billion into four big banks to strengthen financial sector
China’s finance ministry will inject 500 billion yuan ($69 billion) into four of the nation’s largest state banks, following through on Beijing’s earlier effort to strengthen the financial sector, per …
China drills around Taiwan continue with code name ‘Strait Thunder’
China’s military began a second day of drills around Taiwan on Wednesday and for the first time gave them a code name, Strait Thunder-2025A, saying they were focused on honing the ability to blockade …
China Starts Marketing Its First Sovereign Green Bond
China kicked off its first-ever sale of a green sovereign bond, as it looks to raise as much as 6 billion yuan ($826 million) in an offering it plans to list in London.
Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount
Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented lows, a move that is expected to weigh on …
China nominates Zou Jiayi to be the next president of the AIIB
China has nominated Zou Jiayi, a former vice-minister of finance, as its candidate for the next president of the Asian Infrastructure Investment Bank (AIIB), the China-headquartered development bank …
China Property Pain Worsens With Sales Slump, Record Vanke Loss
The world’s second largest economy has yet to find a floor for its slumping property market, as new home sales reversed into a slide and China Vanke Co. reported a record loss.
China bank shares rise after $72 billion recapitalisation plan
BEIJING (Reuters) -Shares in China’s big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital. The recapitalisation aims …
US threat oils wheels of Pirelli’s China derisking
Donald Trump’s geopolitical threats are proving to be handy ammo in corporate spats. Italian tyremaker Pirelli’s board last week demanded its largest Chinese shareholder Sinochem cut a 37% stake below …
China beefs up its biggest banks to boost the economy
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry, after …
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