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A thief crying “stop thief!” — phrase of the week – SupChina Skip to the content Search for any China-based company Search for any China-based companyZhejiang Geely Holding GroupChina Development Bank International InvestmentCASILBYD AutoBeiGene (Beijing)Beijing Pingxin Media CultureBeijing JD36Kr HoldingsBaidu (China)Qianjin Network Information Technology (Shanghai)GAIGAVICHINATaobao… Read More »A thief crying “stop thief!” — phrase of the week – SupChina

China’s biggest lender has flagged its commitment to Beijing’s call for banks to cede profits to the real economy by reducing the cost of funds, while also posting a record increase in new renminbi lending since the start of the year. Liao Lin (廖林), president… Read More »ICBC Commits to Ceding Profits to China’s Real Economy, New Renminbi Loans Hit Record High

Advertisement New variables both within and outside of China in 2022 have placed the country’s economy under new pressure. In the first quarter, its economic growth rate was only 4.8 percent, which was 0.7 percentage points lower than the annual economic growth target of 5.5… Read More »Warning Signs in China’s Economic Outlook as COVID-19 Spreads – The Diplomat

Thomas H. Lee Partners (THL) has agreed to make a majority investment in Sweden-based software developer Inriver; current shareholder Verdane will retain a significant minority stake. Source link

‘The honeymoon is over’: Israel and China at 30 years – SupChina Skip to the content Search for any China-based company Search for any China-based companyZhejiang Geely Holding GroupChina Development Bank International InvestmentCASILBYD AutoBeiGene (Beijing)Beijing Pingxin Media CultureBeijing JD36Kr HoldingsBaidu (China)Qianjin Network Information Technology (Shanghai)GAIGAVICHINATaobao… Read More »Israel and China at 30 years – SupChina

Gansu Province Qinghai Lake Xining Regional lender Bank of Gansu has appointed a senior executive from big state-owned bank China Construction Bank (CCB) as its new president. On 18 May the Gansu province government issued a Notice announcing the appointment of Wang Xizhen (王锡真) to… Read More »Bank of Gansu Appoints China Construction Bank Exec as New President

IK Partners has agreed to sell Dutch cable and connectors manufacturer 2Connect to Rivean Capital; the company’s management will be reinvesting in the deal. Source link

The crucible of connectivity – SupChina Skip to the content Search for any China-based company Search for any China-based companyZhejiang Geely Holding GroupChina Development Bank International InvestmentCASILBYD AutoBeiGene (Beijing)Beijing Pingxin Media CultureBeijing JD36Kr HoldingsBaidu (China)Qianjin Network Information Technology (Shanghai)GAIGAVICHINATaobao China Holding (Hong Kong)Huaneng Power InternationalWeRidemiHoYoCheetah… Read More »The crucible of connectivity – SupChina

China’s biggest bank is trialling the use of the digital renminbi for logistics applications in the affluent eastern coastal province of Zhejiang. The Industrial and Commercial Bank of China (ICBC) has teamed up with Zhejiang Transfar Co., Ltd. to explore the application of the digital… Read More »ICBC Pioneers Use of Digital Renminbi for Logistics Applications in Zhejiang Province

Listed Paris-headquartered GP Eurazeo is expecting a final close on approximately EUR 1bn for its mid-market-focused Eurazeo PME IV fund in H1 2022, the firm said in its Q1 2022 results. Source link