A state-backed property project in China has received the first development loan under a so-called whitelist mechanism and two more major cities have eased home-buying curbs, state media reported, as ... ( read original story ...)
China Merges Hundreds of Rural Banks as Financial Risks Mount
China is embarking on its biggest consolidation in the banking industry by merging hundreds of rural lenders into regional behemoths amid growing signs of financial stress.Most Read from BloombergMusk ... ( read original story ...)
Chinese companies retain 2nd place on Hurun Top 500, led by TSMC, Tencent, Alibaba
China's three richest people remain unchanged in 2022, with Nongfu Spring CEO Zhong Shanshan topping the list for ... Despite losing 164 billionaires, China is still the global capital for ... ( read original story ...)
China property: Suzhou, Shanghai and Guangzhou ease home-buying restrictions as policy support gathers pace
Suzhou, Shanghai and Guangzhou are the latest cities to ease home ... developers and design mortgage policies to offer more help for households. The central bank also said it would inject 1 trillion ... ( read original story ...)
Big bang in Shanghai: rocket test injures three workers and spooks residents
SpaceX rival LandSpace says pressure testing went as expected, with no explosion or serious injuries to its employees. ( read original story ...)
MOVES-Citi appoints Luke Lu as country officer and banking head for China
Lu will also be responsible for maintaining Citi's client relationships and regulatory commitments in the nation, according to a statement from the bank on Wednesday. Lu joined Citi in 2002 in ... ( read original story ...)
Digital education alliance inaugurated in Shanghai
The World Digital Education Alliance was inaugurated on Tuesday during the 2024 World Digital Education Conference in Shanghai, aiming to promote international cooperation and exchange in the field. ( read original story ...)