Citigroup's Chief Executive Jane Fraser held a meeting with the head of China's new financial regulator on Monday, the National Financial Regulatory Administration (NFRA) said, as the bank expands its ...
Beijing Reports Two Monkeypox Cases
One is an imported case from overseas, while the other is a related case, according to a statement published Tuesday by the Beijing Center for Disease Prevention and Control. Both cases were a result of “intimate contact,
China’s rolling COVID waves could hit every six months — infecting millions
The latest surge is unlikely to crash the country’s health-care system, but scientists fear hundreds of millions of infections.
US, China competition for artificial intelligence dominance will ‘dictate the future of humanity’ warn experts
Experts weighed American and Chinese military and civil investments in AI and while some believe the U.S. has a slight advantage in developing the technology, others worry China has already surpassed U.
China’s yuan flat, bolstered by authorities’ pressure on banks while exports disappoint
China's exports fell much faster than expected in May year-on-year, while imports contracted at a slower pace, customs data showed on Wednesday. Prior to the market open, the People's Bank of China ...
Hong Kong stocks approach 2-week high as JPMorgan, Deutsche Bank, Daiwa chime in on China policy stimulus bets as exports slump
Hong Kong stocks approached the highest level in two weeks amid signs China is taking steps to support its currency and strengthen post-pandemic recovery. A slump in external trade may add urgency for ...
Lender on a bender? Why China’s bailing BRI nations out of defaulting on Chinese loans
President Xi Jinping’s Belt and Road Initiative & cheque-book diplomacy face real-world test of post-Covid financial distress, as nations indebted to China are confronted with default on loans.
China Posts Robust Commodities Imports Despite Stuttering Growth
China posted robust commodities imports in May, defying stutters in the wider economy, as buyers took advantage of weaker international prices and energy importers stocked up ahead of peak demand in ...
China May soybean imports hit record 12 million tonnes
China imported a record 12.02 million tonnes of soybeans in May, up 24% on a year ago, Reuters calculations based on customs data showed, as cargoes delayed during last month's strict inspections were ...
Marketmind: China disappoints again, fanning speculation on stimulus
A look at the day ahead in European and global markets from Sonali Desai China's keenly awaited trade data for May did little to stir markets increasingly inured to weakening momentum in the world's ...
Asia stocks hold up, China gives up some gains after weak trade data
Most Asia-Pacific stocks markets strengthened on Wednesday on rising expectations that China will step in to stimulate its economy and as overnight gains on Wall Street helped brighten the mood.
China’s May import data suggests things are stabilizing instead of regressing further: Goldman Sachs
Timothy Moe of the investment firm says the data could assuage some concerns about China’s economic recovery.
China trade: exports tumble in May, adding to economic woes
Exports fell by 7.5 per cent last month from a year earlier to US$283.5 billion, in sharp contrast with an increase of 8.5 per cent in April, data released by China Customs showed. The May figure was ...