China will work with Asian countries to strengthen the use … which cut demand for the US dollar. Indonesian Finance Minister Sri Mulyani Indrawati said LCS arrangements should be replicated more …
Monthly Archives For February 2022
What China means by “high quality” economic growth
Load Error Before attempting to define “high quality” growth, it’s helpful to take stock of what GDP—a measure of economic production and growth—means in China. Michael Pettis, finance professor at …
China’s central bank chief vows support amid ‘weak links’
Governor Yi Gang says China will return to a potential growth rate of between … said in a videotaped speech Wednesday ahead of a meeting of central bank chiefs and finance ministers from the Group…
US seeks friends to help counter China’s trade belligerence
Security officers walk past a display of Australian wines and other agricultural products at the China International Import Expo in Shanghai in 2020. The US has used China’s restrictions on Australian …
US accuses China of backing away from free-trade commitments
Voicing similar complaints about China, President Donald Trump slapped taxes on about $360 billion worth of Chinese imports to the United States — tariffs the Biden administration is still imposing.
Time to ready global response to crypto risks, regulators say
Last May, a sharp plunge for bitcoin and ether after China tightened curbs on crypto saw yields on benchmark U.S. and German government bonds fall, as investors dumped digital tokens for perceived …
Once Crypto Crashes, Other Markets Will Go Down As Well, Says Mark Mobius
Mobius wished India was as immense as China because the EM index would not have fallen then. The government needs to enlist more of such government companies in the future. Because LIC’s scale is …
China’s Xi urges Hong Kong to get control as coronavirus cases surge
Hospitals in Hong Kong were struggling Wednesday to keep up with an influx of new coronavirus patients amid record numbers of new infections as the city’s leadership doggedly sticks to its zero-COVID …
Chinese shares close higher Wednesday
File photo shows the Shenzhen Stock Exchange in Shenzhen, south China’s Guangdong Province. (Xinhua/Mao Siqian) BEIJING, Feb. 16 (Xinhua) — Chinese stocks closed higher on Wednesday, with the …
China’s Xi orders Hong Kong to suppress outbreak ‘above everything else’
Chinese leader Xi Jinping has called for Hong Kong to take “all necessary measures” to control an Omicron-fuelled Covid-19 outbreak, Beijing-affiliated newspapers in the city said Wednesday, a day …
A heartland GOP primary battle goes all-in on bashing China
Instead, they’re focusing on another target — China. Most of the candidates vying to replace Roy Blunt, the retiring GOP Missouri senator, call China a growing military, economic and public health …
China Says U.S. Is Exaggerating Russian Threat to Ukraine
China Says U.S. Is Exaggerating Russian Threat to Ukraine BEIJING (Reuters) – China accused the United States of “playing up the threat of warfare and creating tension”, as U.S. President Joe Biden …
China approves new LNG import terminal in Fujian
National Development and Reform Commission (NDRC), China’s highest planning body, has approved a new LNG import terminal in Fujian province, it said on February 16. The terminal to be built by Hanas …