Tags Novel coronavirus

Tag: Novel coronavirus

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

China Only Major Economy to Grow in 2020 amidst 4.4% Global Contraction: IMF

CBNEditor - October 15, 2020 0

A new report from the International Monetary Fund (IMF) expects China to be the only major economy to achieve growth in 2020...

Economy

Household Financial Assets in China Rise 7.4% During Spread of COVID-19

CBNEditor - September 29, 2020 0

A near ten percent rise in deposits has driven a sizeable increase in the financial assets of Chinese households during the first...

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...

Banking

China’s Big Six State-owned Banks See Double Digit Net Profit Decline Following COVID-19

CBNEditor - August 31, 2020 0

The big state-owned banks in China have seen a major drop in net profits due to the impacts of the COVID-19 pandemic...

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...

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: Novel coronavirus

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