#China's credit

  • China pushes forward opening-up of financial sector with swift but steady steps

    China has seen new highlights in its financial industry. FTSE Russell, one of the world’s three main bond index providers, announced recently that it will add Chinese government bonds to the FTSE World Government Bond Index.

    The move will enable international investors to enter the Chinese bond market through FTSE Russell’s flagship index. So far, the world’s three major bond index providers have successively included Chinese sovereign bonds into their main indexes.

  • China's economic growth shines light on what is possible for world economy: expert

    China's third-quarter (Q3) economic growth "shines a ray of light" on what is possible for other countries and the global economy, a Kenyan expert has said.

    "As the second-largest economy and global growth engine, China's economic growth has the potential to power and accelerate global economic recovery and growth," Cavince Adhere, an international relations researcher with a focus on China-Africa relations, told Xinhua.

  • Comedy hit on China's poverty battle tops 400 mln USD at box office

    "My People, My Homeland," a five-part film depicting China's achievements in the fight against poverty, has generated total box office revenues of more than 2.7 billion yuan (403 million U.S. dollars).

    The star-studded comedy was released on Oct. 1, the beginning of an eight-day National Day and Mid-Autumn Festival holiday.

  • Exclusion of Chinese 5G companies in Sweden hurts fair competition, consumers' interests

    The Chinese market has remained open to European companies, including Sweden's. Sweden, largely characterized by an open and export-oriented economy, should also provide Chinese companies with an open and fair business environment, like the one it allegedly provides to other foreign investors.

    Banning Chinese 5G suppliers in Sweden will hurt the principle of fair competition and jeopardize the interests of Swedish consumers.

  • Major challenges China faces in next five years

    As China wraps up its 13th Five-Year Plan (FYP) this year, all eyes are on the new FYP for 2021 to 2025 – a period that poses new domestic and international challenges.

    A WORLD OF UNCERTAINTIES

    China issued guidelines on its 13th FYP in 2015, preparing the country for a "complicated" international environment, but no one expected at that time what the world would be facing.

  • Uganda launches Chinese-constructed road linking Kenya

    Ugandan President Yoweri Museveni on Saturday launched the Chinese-constructed 104-km Musita-Lumino-Busia-Majanji road linking the eastern part of the country to the border district of Busia in Kenya.

    Katumba Wamala, minister of Works and Transport, said the road was upgraded from gravel to bitumen standard.

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