A Chinese government-supported property project received a loan of 330 million yuan ($46 million) shortly after the …
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FeatureInternational NewsNews
China’s public offering fund value reaches $3.88 tln
by Nada Aliby Nada AliChina’s public offering funds totalled 27.6 trillion yuan (about $3.88 trillion) by the end of 2023, said …
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BanksFeatureInternational NewsMoneyNews
China cuts bank reserves to boost liquidity
by Nada Aliby Nada AliThe People’s Bank of China (PBOC) will reduce the Reserve Requirement Ratio (RRR) for all banks by …
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Egypt NewsFeatureInternational NewsNewsTech/AI
Egypt seeks Asian investment opportunities – minister
by Aya El Sayedby Aya El SayedEgypt’s finance minister, Dr. Mohamed Maait, said at the Asian Financial Forum in Hong Kong that Egypt …
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FeatureIndustry & TradeInternational NewsMoneyNewsReal EstateTech/AI
China’s property sector struggles, Country Garden to sell $530 mln in assets
by Nada Aliby Nada AliChina’s property market slump is getting worse as Country Garden, the largest private property developer in China, …
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BanksFeatureInternational NewsNews
China’s PBOC keeps LPR unchanged at 3.45%
by Nada Aliby Nada AliThe People’s Bank of China (PBOC) left the one-year loan prime rate (LPR) unchanged at 3.45 per …
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Hyundai Motor Co. sold its plant in China in Chongqing for 1.62 billion yuan ($225 million), less …
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FeatureInternational NewsNewsTech/AI
China plans to issue bonds to boost economy
by Nada Aliby Nada AliChina is considering one trillion yuan ($139 billion) of new debt issuance under a special sovereign bond …
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FeatureIndustry & TradeInternational NewsTech/AI
China’s top real estate developer anticipates weak market in ’24
by Aya Anwarby Aya AnwarCountry Garden, China’s top real estate developer anticipates the Chinese real estate market to remain weak in …