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Tuesday, November 24, 2020
Tags Chinese foreign debt

Tag: Chinese foreign debt

China’s Foreign Debt Exceeds USD$2.1 Trillion at End of First Half

China's national foreign debt exceeded USD$2.1 trillion as of the end of the second half of 2020.

SAFE Expands Trials for Cross-border Financing by Small Tech Firms to Shanghai and Hubei

The State Administration of Foreign Exchange (SAFE) has flagged the expansion of trials for facilitating foreign borrowing by small-scale Chinese tech companies....

Chinese Foreign Debt Approached USD$2 Trillion in 2018

China's foreign debt increased by over 10% YoY in 2018 to approach USD$2 trillion.

China Cuts US Treasury Bonds by $13.7B in September, State Media Downplays Trade War Talk

China sold off a sizeable volume of its US Treasuries in September, in a move which state-owned media says is intended to prop up...

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Competitiveness of Banks Will Lie in “Data + Algorithms” in Future: Agricultural Bank of China

A senior official from one of China's big six state-owned banks has highlighted the critical role that fintech will play in shoring...

Chinese Banks Are “Quenching Their Thirst with Poison” by Selling Depository Products via Online Finance Platforms: PBOC Official

Chinese regulators have turned their attention to the use of online lending platforms by smaller banks to draw funds from retail customers...

Digital Renminbi Will Reshape Banking and Payments Sectors, Enhance Monetary Policy and Economic Adjustments: Chinese Think Tank Experts

Experts from the Chinese Academy of Social Sciences (CASS) and the National Institution for Finance & Development (NIFD) see the digital renminbi...

JDD and Tencent Hail Digitisation as Key Driver of Chinese Economy Post COVID-19

China's online tech giants point to digital transformation as a primary driver of economic growth and recovery in the wake of the...