Latest News for: China financier

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China becomes wild card in Sri Lanka’s debt crisis

TDT News 21 May 2022
COLOMBO, Sri LankaChina says its initiative to build ports and other infrastructure across Asia and Africa, paid for with Chinese loans, will boost trade ... China has restructured some debt ... “China is willing to support relevant financial institutions to negotiate with Sri Lanka,” the ministry said.
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Experts decry ban on Huawei, ZTE

China Daily 21 May 2022
Noah Fraser, managing director of the Canada China Business Council in China, said "Canada and China have deep economic ties and complementarities, especially in areas like agri-business, financial services, natural resources and education, and we should use our business ...
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Biden must force feckless WHO to hold Russia accountable for devastating Ukraine’s health facilities

New York Post 21 May 2022
China slams WHO chief as ‘irresponsible’ for saying zero-COVID policy ‘not sustainable’ ... Team Biden made a big bet on its ability to reform WHO via persuasion when it reversed its predecessor’s decision to withdraw US financial support and political participation.
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Testing times

China Daily 20 May 2022
China's financial security is now faced with shocks from the following ... China's financial market, which is an important part of the global financial market, has suffered significant repercussions from global geopolitical conflicts. The violent fluctuation of China's financial ...
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Economic Watch: China diversifies options for retirement planning

Xinhua 20 May 2022
BEIJING, May 20 (Xinhua) -- Savings accounts, wealth management products and a private pension scheme are among China's latest endeavors to provide its graying population with more inclusive and stable financial plans for retirement ... in its 2021 report on financial stability.
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China diversifies options for retirement planning

Beijing News 20 May 2022
BEIJING, May 20 (Xinhua) -- Savings accounts, wealth management products and a private pension scheme are among China's latest endeavors to provide its graying population with more inclusive and stable financial plans for retirement ... in its 2021 report on financial stability.
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Lufax to Announce First Quarter 2022 Financial Results on May 25, 2022

The Joplin Globe 20 May 2022
LU), a leading technology-empowered personal financial services platform in China, today announced that it plans to release its first quarter 2022 financial results after the market closes on Wednesday, May 25, 2022 U.S ... Lufax Holding Ltd is a leading technology-empowered personal financial services platform in China ... CHINA ASIA PACIFIC.
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Sentage Holdings Inc. Receives Notice of Filing Delinquency from Nasdaq

Eagle-Tribune 20 May 2022
Sentage Holdings Inc., headquartered in Shanghai, China, is a financial service provider that offers a comprehensive range of financial services across consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China.
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China Index Holdings Announces First Quarter 2022 Unaudited Financial Results

Kentucky New Era 20 May 2022
CIH), (“CIH” or the “Company”), a leading real estate information and analytics service platform provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2022 ... CIH serves a substantial base of real estate participants in China, ...
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Fubon says unit to weather virus claims

Taipei Times 20 May 2022
CHINA LIFE. Despite its terms not stipulating that policyholders with COVID-19 who are not hospitalized must be compensated, China Life said that it would be flexible ... Fubon Financial Holding Co (富邦金控) yesterday said that its insurance unit would weather rising COVID-19 insurance claims and no fundraising is needed.
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China Focus: World scholars share views on China's human rights development

Xinhua 20 May 2022
Wang Wen, executive dean of the Chongyang Institute for Financial Studies at the Renmin University of China, said that China's human rights progress has expanded the world's established path to human rights development and is a new reference for the facilitation of human rights development in developing countries.
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Interview: China's growth, stability serve as regional public goods, says World Bank economist

Xinhua 20 May 2022
Despite downside risks, including the Russia-Ukraine conflict, which could lead to even higher commodity prices, shrinking export demand and volatile financial market, COVID-19 resurgence and tightening global financial conditions, Mattoo said China has the policy space and capacity to respond to the shocks.
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China’s wealth muscles out Taiwan’s diplomatic existence in Latin America

Greek City Times 20 May 2022
Simultaneously, China’s investments and financial cooperation have expanded dramatically, albeit this trend has lately reversed ... China’s policy has paid off, owing to its unparalleled economic and financial attraction to Latin American nations ... Other Central American countries are balancing between coercion and enticing offers from China.
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China cuts borrowing rate again, seeking to revive housing sector

FX Empire 20 May 2022
China, in a monthly fixing, lowered the five-year loan prime rate (LPR) by 15 basis points to 4.45%, the biggest reduction since China revamped the mechanism in 2019 ... Friday’s cut suggests that “China’s economic growth was facing increasing resistance this year,” said Marco Sun, chief financial market analyst at MUFG Bank.
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Kenya's debt obligations towards China more than double in one year

Beijing News 20 May 2022
Kenya's debt obligations towards China have shot up by a ... Kenya had sought to save the bulk of the cash that was due to China in the first half of the current financial year, but Beijing rejected its application for deferment of the debt obligations for six months to last December.

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