Tuesday, June 22, 2021

Monthly Archives: April, 2018

“US Has Missed Best Opportunity for Dialogue:” China’s Foreign Ministry

China's foreign ministry has criticised the the failure of the US to take advantage of opportunities for dialogue and negotiation to resolve ongoing trade...

China’s Second-tier Cities on the Verge of Peak Population Growth

A new report indicates that many Chinese cities are about to undergo peak population expansion, as established urban centres start to see easing or...

“US Trade Bullying Will Cause Ten Types of Harm:” Chinese State Media

The state-owned Xinhua News Agency has called the Trump administration's proposed 25% tariff on $50 billion in Chinese imports a form of "trade bullying,"...

China’s Finance Ministry Addresses Possibility of US Treasuries Sell-off

China's vice finance minister says that trade disputes between China and the United States are to the detriment of both countries' interests. At State Council...

China Files Suit with WTO against US Tariffs

China's Ministry of Commerce has announced the launch of dispute proceedings with the World Trade Organization directed at the US 301 tariffs investigation. In an...

2.39 Trillion Yuan in Public-Private Partnership Projects Shelved

An estimated 2407  public-private partnership projects worth approximately  2.39 trillion yuan have been put on the chopping block following a "clean-up" of the Chinese...

Anbang Insurance to Receive $9.7bn Capital Injection Following Government Seizure

The China Banking and Insurance Regulatory Commission has announced the approval of a massive capital injection for Anbang Insurance Group following the company's government...

Xinjiang Suspends State-funded Infrastructure Projects Amidst Debt Crackdown

China's largest province in terms of area has declared the suspension of all government-sponsored investment projects as Beijing cracks down on local government debt. A...

Securities Regulator Calls for Further Opening of Chinese Capital Markets

The securities regulator has called for further liberalisation of capital markets in the 40th year of China's reform and opening era. Liu Shiyu (刘士余), head...

Chinese Banks Launch Financial Intermediation Services for Long-term Home Leasing

Banks in China have launch an innovative form of  long-term home leasing arrangement amidst ongoing efforts by Beijing to expand the urban rental market. On...

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Alibaba Invests USD$15 million in Launch of “Smart Finance” Digital Subsidiary

Chinese e-commerce giant has Alibaba just launched a new wholly invested fintech subsidiary helmed by a senior executive from its Ant Group-backed...

PBOC to Issue 5 Billion Yuan in 6-month Central Bank Bills on 24 June in Hong Kong

The People's Bank of China (PBOC) has announced plans for a new issue of central bank bills (CBB) via Hong Kong on...

Structured Deposits at Chinese Banks Drop to New Low for 2021 in May

Outstanding structured deposits of Chinese banks have further fallen to a new low for the year following a crackdown on use of...

Bank of China Commits to Development of New Blockchain Applications

A senior tech executive from one of China's big state-owned banks has stressed the lender's commitment to the development and application of...