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300 BILLION YUAN
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...- China's credit growth slips below estimatesApril marked a significant slowdown in China's credit growth, tumbling below projections. Banks curtailed the issuance of new loans, while ...
- China's yuan hits 3-year high, stocks retreat, as investors await details from Trump-Xi summitChina's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...
- Global Market Today: Asian stocks, US futures climb on tech optimismAsian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely wat...
- PwC Hong Kong to pay Evergrande shareholders HK$1 billion in compensation, SFC saysPricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed proper...
- India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
- India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
- China seeks to rein in risks from AI 'digital humans'China is introducing new rules for its booming digital human industry. These AI avatars, which look and sound like real people, are used fo...
- Chinese companies line up to sell 'innovation bonds', capitalising on Beijing's technology pushChina launched "sci-tech innovation bonds" for financial firms to boost tech self-sufficiency amid US rivalry. Backed by central and local ...
- Chinese companies line up to sell 'innovation bonds', capitalising on Beijing's technology pushChinese banks, brokerages and private equity firms are among companies kicking off plans on Thursday to sell so-called sci-tech innovation ...
- China central bank conducts medium-term loan operation, leaves rate unchangedChina's central bank, the People's Bank of China (PBOC), conducted a medium-term loan operation on Wednesday, issuing 300 billion yuan ($41...
- China rolls out $112 billion funding schemes to bolster stock marketChina's central bank has started two funding schemes to inject up to 800 billion yuan into the stock market. The schemes provide liquidity ...
- China's $138 billion stimulus bond sale starts on FridayThe finance ministry confirmed what four sources had told Reuters earlier on Monday that the 1 trillion yuan ($138.23 billion) of special g...
- China's video games market recovers in 2023, domestic sales surpass $42.6 billionIndustry association CGIGC said at a conference in Guangzhou on Friday the industry's domestic revenue this year reached over 300 billion y...
- China plans to set up real estate fund worth up to $44 blnRegulators and local governments will select the developers eligible for support from the fund, REDD said, adding that the fund can be used...
- China says will quicken special funds spending to support economyBy the end of October, local governments had spent 1.198 trillion yuan ($180.7 billion), accounting for 70.9% of special funds actually all...
- China stocks end sharply up on policy stimulus betsForeign investment flowing into Shanghai from Hong Kong through the mutual market access pilot programme took up 1.01 billion yuan of the 1...
- Chinese billionaires list touches 300 on real estate boom: ReportThe personal fortunes of 300 Chinese topped 10 billion yuan ($1.6 billion) in 2013, a new annual ranking of the wealthiest individuals.
- ET in the classroom: Care for a Dim Sum?A bond denominated in yuan and issued in Hong Kong. Derived from a traditional Chinese cuisine that offers a variety of small eats, Dim Sum...
- China state giants far outstrip private firmsTwo of China's major state-run companies, China Mobile and PetroChina, saw their net profits outstrip those of the nation's top 500 private...
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