(Reuters) – Chinese regulators have told the country’s biggest banks and state-owned firms to start a round of checks on their financial exposure to Chinese conglomerate Fosun International Ltd, Bloomberg …
China
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- Financial News
China to roll out more measures to stabilise economy – state media
by Reutersby ReutersBEIJING (Reuters) – China will continue to roll out phased policies to stabilise its economy with a focus on reviving consumption and boosting investment, and implement these policies as soon …
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Japan, U.S. eyeing summit around Sept 20 on China, North Korea issues – Kyodo
by Reutersby ReutersTOKYO (Reuters) – Japan and the United States are working on arranging a summit between Prime Minister Fumio Kishida and President Joe Biden in New York around Sept. 20 to …
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China ambassador: U.N. report on Xinjiang has ‘closed door of cooperation’
by Reutersby ReutersBy Emma Farge GENEVA (Reuters) – China’s ambassador to the United Nations in Geneva said on Friday that Beijing would not cooperate with the U.N. human rights office following the …
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STOCKHOLM (Reuters) – Volvo Cars said on Friday limited production had resumed on Tuesday at its auto plant in the Chinese city of Chengdu. The carmaker, which is Stockholm-listed albeit …
- Financial News
EY’s Greater China member firms say they won’t take part in firm’s global break-up
by Reutersby ReutersHONG KONG (Reuters) – Member firms of Ernst & Young (EY) in the Greater China region will not participate in a global plan by the professional services firm to split …
- Financial News
Exclusive-German economy ministry reviews measures to curb China business
by Reutersby ReutersBy Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Germany’s economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce …
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China debt sees portfolio outflows despite nascent recovery for EM in August – IIF
by Reutersby ReutersBy Jorgelina do Rosario LONDON (Reuters) – China debt markets lost $7.7 billion in August in a seventh straight month of portfolio outflows, data from the Institute of International Finance …
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From China To Europe, Woke Funds Investing In Fossil Fuels And Slave Labor
From China To Europe, Woke Funds Investing In Fossil Fuels And Slave Labor Micaela Burrow on September 7, 2022 Investment groups in China and Europe intended to promote climate-friendly and …
- Financial News
Credit Suisse strikes deal to buy out China joint venture partner
by Reutersby ReutersBy Selena Li HONG KONG (Reuters) – Credit Suisse said on Thursday it had struck a deal to buy out its local partner in a Chinese securities joint venture, reaffirming …
- Financial News
Hedge funds root for Vietnam, China R&D among Asia picks at Sohn conference
by Reutersby ReutersBy Summer Zhen HONG KONG (Reuters) – Hedge fund managers in Asia are bullish on Vietnam’s growth prospects and selectively looking to invest in emerging technological opportunities in China. At …
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HONG KONG (Reuters) – Citigroup has hired three bankers for its planned China securities business, according to a person familiar with the matter. It hired Kenneth Koo as the firm’s …
- Financial News
China state firms takeover Evergrande’s $1.1 billion holding in Shengjing Bank
by Reutersby ReutersHONG KONG (Reuters) – State-owned companies of the Chinese northestern city of Shenyang bought China Evergrande Group’s shareholding in Shengjing Bank in an auction for 7.3 billion yuan ($1.05 billion), …
- Financial News
China to name Zhang Qingsong as vice governor of central bank -Caixin
by Reutersby Reuters(This Aug 24 story corrects spelling of Export-Import Bank of China in fourth paragraph) BEIJING (Reuters) – China is set to name Zhang Qingsong as a vice governor of the …
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EU, China trade barbs over failed G20 climate talks
by Reutersby ReutersBy Kate Abnett and David Stanway BRUSSELS (Reuters) – The European Union and China are questioning each other’s commitment to fighting climate change, following the failure of climate talks by …
- Financial News
China trade surplus with U.S. narrows to $36.77 billion in August
by Reutersby ReutersBEIJING (Reuters) – China’s trade surplus with the United States narrowed to $36.77 billion in August, from $41.5 billion in July, according to Reuters calculations based on customs data on …
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Putin Attends Joint Military Exercises With China Micaela Burrow on September 6, 2022 Russian President Vladimir Putin traveled to the country’s far eastern region to observe the ongoing Vostok war …
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(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever As evidenced by another decline on Wall Street, the dollar climbing to a fresh 20-year high, …
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MILAN (Reuters) -Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a slight slowdown in the second quarter due to COVID-19 …
- Financial News
China has ample room for monetary policy: central bank deputy governor
by Reutersby ReutersBEIJING (Reuters) – China has relatively ample room for monetary policy, the deputy governor of the country’s central bank said on Monday in remarks about follow-up policy measures to prop …
- Financial News
China August service sector growth eases amid COVID woes: Caixin PMI
by Reutersby ReutersBEIJING (Reuters) – A strong rebound in China’s services sector eased slightly in August amid fresh COVID-19 flare-ups but business confidence rose to a nine-month high in a rare bit …
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CanSino’s inhaled COVID-19 vaccine gets emergency use approval in China
by Reutersby ReutersHONG KONG (Reuters) -China’s CanSino Biologics Inc said on Sunday that its recently developed COVID-19 vaccine has been approved by the country’s drug regulator for emergency use as a booster, …
- Financial News
Biden administration to maintain China tariffs while review continues
by Reutersby ReutersWASHINGTON (Reuters) – The Biden administration said on Friday it will keep tariffs on hundreds of billions of dollars worth of Chinese imports in place while it continues a statutory …
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Pentagon aims to speed arms sales to allies to better compete with China- WSJ
by Reutersby Reuters(Reuters) – The Pentagon has launched a comprehensive push to accelerate sales of U.S. arms to foreign allies, to better compete with China and replenish arsenals of friendly nations that …
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By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Fund managers are cutting their holdings in Chinese property bonds by half or even more as the sector lurches from crisis to …