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Month: January 2024

Posted on 31/01/2024

China unveils new property support measures amid concerns about Evergrande fallout

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 ...)

Posted on 31/01/2024

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 ...)

Posted on 31/01/2024

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 ...)

Posted on 31/01/2024

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 ...)

Posted on 31/01/2024

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 ...)

Posted on 31/01/2024

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 ...)

Posted on 31/01/2024

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 ...)

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