Tags COVID-19

Tag: COVID-19

Economy

Tencent’s WeBank Wins Award for Supporting COVID-19 Containment Efforts in China

CBNEditor - January 13, 2021 0

Tencent-backed digital lender WeBank has won an award for its contribution to efforts to contain the impacts of the COVID-19 pandemic in...

Economy

Foreign Companies Will Not Flee China Despite Impacts of COVID-19 on Global Economy: Deputy IMF Director Zhu Min

CBNEditor - October 19, 2020 0

One of China's leading economists says that the COVID-19 pandemic and its related impacts will not compel foreign companies to withdraw from...

Banking

PwC Highlights Five Areas of Challenge and Opportunity for Chinese Banks

CBNEditor - September 24, 2020 0

A new report on the Chinese banking sector from international consulting firm Pricewaterhouse Coopers (PwC) has identified five key areas of "challenge...

Economy

Chinese Economists Upbeat about COVID-19 Recovery in Q3 2020: CASS Survey

CBNEditor - September 23, 2020 0

A new survey conducted by one of China's leading think tanks found that respondents expect the Chinese economy to stage a substantial...

Economy

Chinese Power Consumption Rises to Record High in August, NDRC Hails Sign of Post-COVID 19 Economic Recovery

CBNEditor - August 27, 2020 0

Chinese electricity consumption levels have lifted to an unprecedented high in the month of August, with the central government pointing to the...

Banking

Financial Leverage to Hit 265% of China’s GDP by 2021, Credit Efficiency to Fall to Five Year Low: Fitch Ratings

CBNEditor - July 30, 2020 0

Fitch Ratings expects the COVID-19 pandemic to bring the credit efficiency ratio of Chinese banks to a five-year low.

Economy

Chinese Industrial Enterprises See 4.8% YoY Profit Rise in Second Quarter

CBNEditor - July 28, 2020 0

Industrial enterprises in China have seen their profit levels post robust growth in the second quarter of 2020 despite the economic impacts...

Banking

Moody’s Expects Asset Quality of Chinese Banks to Be Hit by COVID-19 Before End of 2020

CBNEditor - July 25, 2020 0

Rating's agency Moody's expects the impact of the COVID-19 pandemic on the asset quality of banks to make themselves apparent in six...

Economy

IMF Should Use SDR General Allocation to Deal with COVID-19: Chinese Central Bank Governor

CBNEditor - July 20, 2020 0

Yi Gang (易纲) governor of the Chinese central bank, has published an essay calling for the International Monetary Fund (IMF) to make...

Finance

China Steps up Government Bond Issuance in 2020 to Deal with COVID-19 Impacts

CBNEditor - July 20, 2020 0

The Chinese government has highlighted a sharp increase in the issuance of sovereign bonds at various levels in order to mitigate the...

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Tag: COVID-19

Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

China Bans Banks from Selling Depository Products via Third Party Online Platforms

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