China Business News

The latest news on business and finance trends in China.

China Business News | Entertainment | Tech

ADB to back domestic projects

The Asian Development Bank is planning to invest in 31 projects in China from 2018 to 2020 for a total value of $6.17 billion, with about $2 billion planned for 2018, according to its newly proposed sovereign lending program.

AIIB loans $250m for Beijing coal-to-gas conversion

The Asian Infrastructure Investment Bank announced on Monday a $250 million loan for a natural gas project in Beijing, the bank’s first such investment in China, to help cut coal use and improve air quality in the capital area.

NY steals HK’s IPO crown

After two consecutive years in the top spot, Hong Kong is poised to lose its much-coveted title as the world’s leading venue for initial public offerings (IPOs) this year, following a drop in the number of blockbuster listings.