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Tag: China

Posted on April 15, 2021

China’s company finance chiefs see business improving in 2021 as world emerges from pandemic, Deloitte survey finds

Financial controllers at companies operating in China are expecting their businesses to perform better in 2021, bolstered by the global roll-out of vaccinations and rising consumer demand in Western …

( read original story …)



Posted on April 15, 2021

U.S.-China cooperation on sustainable finance “positive step” for world: IMF chief

(Xinhua/Liu Jie) “Certainly having the two largest economies cooperating on sustainable finance is a very positive step in a world that is undergoing transformation,” said the IMF chief. WASHINGTON, …

( read original story …)



Posted on April 15, 2021

U.S.-China cooperation on sustainable finance “positive step” for world: IMF chief

(Xinhua/Liu Jie) “Certainly having the two largest economies cooperating on sustainable finance is a very positive step in a world that is undergoing transformation,” said the IMF chief. WASHINGTON, …

( read original story …)



Posted on April 15, 2021

China’s Very Bad Bank: Inside the Huarong Debt Debacle

It’s been 11 weeks since Lai Xiaomin, the man once known as the God of Wealth, was executed on a cold Friday morning in the Chinese city of Tianjin.

( read original story …)



Posted on April 15, 2021

China’s Very Bad Bank: Inside the Huarong Debt Debacle

It’s been 11 weeks since Lai Xiaomin, the man once known as the God of Wealth, was executed on a cold Friday morning in the Chinese city of Tianjin.

( read original story …)



Posted on April 15, 2021

China to broaden stress tests in 2021 to include all 4,024 banks

China is widening the scope of stress tests on its lenders by including all of its 4,024 banks this year, a central bank publication said on Wednesday, amid concerns over mounting debt levels of …

( read original story …)



Posted on April 15, 2021

China to broaden stress tests in 2021 to include all 4,024 banks

China is widening the scope of stress tests on its lenders by including all of its 4,024 banks this year, a central bank publication said on Wednesday, amid concerns over mounting debt levels of …

( read original story …)



Posted on April 15, 2021

China-Linked Japan Shares Shunned Ahead of PM Suga’s U.S. Visit

Japanese firms with strong Chinese ties are seeing their shares fall ahead of a meeting of Prime Minister Yoshihide Suga and U.S. President Joe Biden, as investors fear pressure to align Japan more …

( read original story …)



Posted on April 15, 2021

China-Linked Japan Shares Shunned Ahead of PM Suga’s U.S. Visit

Japanese firms with strong Chinese ties are seeing their shares fall ahead of a meeting of Prime Minister Yoshihide Suga and U.S. President Joe Biden, as investors fear pressure to align Japan more …

( read original story …)



Posted on April 15, 2021

China dollar issuers face pressure on Huarong debt concerns

An index of China dollar issuers fell to a 10-month low this week as concerns increase over Chinese issuers’ creditworthiness after asset management giant China Huarong Asset Management Co delayed the …

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