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Tailors make small town famous for women's pants

China Daily 02 Dec 2022
The output value of related-industry is about 7 billion yuan (about $992.32 million), accounting for 70 percent of the total output value of the town ... "Working here brings me a monthly salary of 10,000 yuan, and it is also convenient to take care of the elderly and children," said Xie Li, a worker in the industrial park.
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Across China: Tailors make small town famous for women's pants

China.dot.org 02 Dec 2022
The output value of related-industry is about 7 billion yuan (about 992.32 million U.S ... "Working here brings me a monthly salary of 10,000 yuan, and it is also convenient to take care of the elderly and children," said Xie Li, a worker in the industrial park.
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Climate reparations fund exposes travesty of UN's climate agenda

The Manila Times 02 Dec 2022
First word ... They reported as follows. ... When asked about the issue at COP 27, Chinese climate envoy Xie Zhenhua said ... Xie added that China has already set aside 2 billion yuan ($280 million) to help developing countries cut emissions and adapt to global warming through a separate South-South Climate Cooperation Fund, rather than through UN channels.
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Evergrande aims to win approval for restructuring proposals early next year

Reuters 28 Nov 2022
... for 7.5 billion yuan ($1.04 billion). Evergrande purchased the land for 5.6 billion yuan in 2017, and planned to develop it into the group's headquarters, Reuters previously reported ... ($1 = 7.2052 yuan)Reporting by Xie Yu; Editing by Himani Sarkar and Ana Nicolaci da Costa.
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China unlikely to pay for climate change despite being 'biggest annual emitter of greenhouse gases': Report

Beijing News 25 Nov 2022
Xie pointed out that China is a developing nation and has faced losses due to climate disasters in 2022. Stressing that it is not China's responsibility, Xie Zhenhua said that Beijing has given 2 billion yuan to help developing countries in reducing emissions and adapt to global warming, as per The Washington Post report.
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China banks pledge $162 billion in credit to developers, shares rally

FX Empire 24 Nov 2022
By Xie Yu and Ziyi Tang ... Country Garden, China’s top developer by sales, closed more than 20% higher after state media reported on Thursday it had received a credit line from Postal Savings Bank of China (PSBC) worth at least 50 billion yuan ($7.00 billion) ... ($1 = 7.1430 Chinese yuan renminbi). ($1 = 7.1479 Chinese yuan renminbi).
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China's Country Garden gets new credit line of up to $7 bln - Securities Times

Reuters 24 Nov 2022
... (2007.HK) has signed a contract with the Postal Savings Bank of China (1658.HK) for a credit line of up to 50 billion yuan ($7.0 billion), Securities Times reported on Thursday ... ($1 = 7.1429 Chinese yuan renminbi)Reporting by Xie Yu; Editing by Muralikumar Anantharaman.
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China’s Country Garden gets new credit line of up to $7 billion – Securities Times

FX Empire 24 Nov 2022
HONG KONG (Reuters) – Major Chinese developer Country Garden has signed a contract with the Postal Savings Bank of China for a credit line of up to 50 billion yuan ($7.0 billion), Securities Times reported on Thursday ... ($1 = 7.1429 Chinese yuan renminbi). (Reporting by Xie Yu; ...
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China banks pledge $162 bln in credit to developers, shares rally

Reuters 24 Nov 2022
PSBC late on Thursday announced that it would provide a total of 280 billion yuan in financing to Country Garden as well as others ... ($1 = 7.1430 Chinese yuan renminbi). ($1 = 7.1479 Chinese yuan renminbi)Reporting by Xie Yu and Ziyi Tang; Editing by Sumeet Chatterjee, Edmund Klamann, Kirsten Donovan.
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How China, the world's top polluter, avoids paying for climate damage

Stars and Stripes 23 Nov 2022
A lot has changed since then ... When asked about the issue at COP27, Chinese climate envoy Xie Zhenhua said ... Xie added that although it "is not our responsibility," China has provided 2 billion yuan ($280 million) to help developing countries cut emissions and adapt to global warming through a separate South-South Climate Cooperation Fund ... .
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China regulator plans to improve balance sheets of ‘good quality’ developers

FX Empire 21 Nov 2022
By Xie Yu ... China’s property sector has slowed sharply in the past year as the government sought to restrict excessive borrowing ... Last week, two private developers Longfor Group Holdings Ltd and Midea Real Estate Holding Ltd received green light to raise a total of 35 billion yuan ($5 billion) in debt. (Reporting by Xie Yu, Editing by Louise Heavens).
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China regulator plans to improve balance sheets of 'good quality' developers

Reuters 21 Nov 2022
read more. Last week, two private developers Longfor Group Holdings Ltd (0960.HK) and Midea Real Estate Holding Ltd (3990.HK) received green light to raise a total of 35 billion yuan ($5 billion) in debt. read more Reporting by Xie Yu, Editing by Louise Heavens. Our Standards. The Thomson Reuters Trust Principles. Read Next / Editor's Picks ... ....
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Analysis-Reluctant buyers pose main threat to Beijing’s property revival efforts

FX Empire 18 Nov 2022
According to UBS, Chinese banks have roughly 88 trillion yuan ($12.43 trillion) worth of exposure to the property sector. It estimates the property sector downturn will cost the banking system up to 1.4-1.5 trillion yuan in the next few years, ... ($1 = 7.0802 Chinese yuan renminbi).
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Analysis: Reluctant buyers pose main threat to Beijing's property revival efforts

Reuters 18 Nov 2022
According to UBS, Chinese banks have roughly 88 trillion yuan ($12.43 trillion) worth of exposure to the property sector ... ($1 = 7.0802 Chinese yuan renminbi)Reporting by Liangping Gao, Ziyi Tang, Engen Tham, Xie Yu, Clare Jim and Rong Ma; Graphics by Riddhima Talwani and Kripa Jayaram; Writing by Sumeet Chatterjee; Editing by Ana Nicolaci da Costa.
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Water resources development leads county in Fujian province to prosperity

People Daily 15 Nov 2022
The eels, weighing around 5,000 tons in total, have a market value of 500 million yuan ($71 million), said Xie Jun, head of the company ... Last year, the value-added industrial output of the county increased by 8.4 percent to nearly 3.29 billion yuan.

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