China has obstructed G20 climate negotiations, refusing to debate crucial issues such as methane emissions and reduced use of oil, gas and coal, according to several people familiar with the talks.
Monthly Archives For July 2023
India and China Lead the Charge in CBDC Adoption, Finds CFA Institute Survey
CFA Institute survey reveals that India and China lead in CBDC interest, driven by the pursuit of financial inclusion and stability …
Understanding China’s New Measures to Boost Private Investment
New measures to boost private investment in China will seek to promote key projects and provide financial and administrative support.
A rights lawyer who was fleeing China has been arrested in neighboring Laos
A Chinese rights lawyer stripped of his license for taking on sensitive cases has been arrested in Laos while fleeing China
UPDATE 1-China appoints Unicom CEO Liu as head of new National Data Bureau
China has appointed Liu Liehong, the CEO of state-owned telecoms giant China Unicom , to head its new National Data Bureau, the human resources ministry said on Friday. Liu, 54, is an electronics and …
China to funnel more capital to science, technology sectors
BEIJING – China will funnel more capital into the real economy and innovation-oriented sectors to achieve self-reliance in science and technology, according to the People’s Bank of China.
China’s New Financial Watchdog to Further Aid Domestic Demand Growth, Official Says
New yuan loans surged 14.7 percent to CNY15.73 trillion (USD2.19 trillion) in the six months ended June 30 from a year earlier, the official noted, adding that the balance of insurance fund …
China has rolled over $2.4b loans for two years: Dar
Finance Minister Ishaq Dar said on Thursday that China’s Export-Import (Exim) Bank rolled over $2.4 billion in loan payments for the next two years.’Chinese EXIM Bank has rolled over for 2 years …
Survey Finds CBDCs Have Limited Support in Global Investment Industry – Crypto Increasingly Accepted and Embraced by Industry
While emerging countries are open to Central Bank Digital Currencies (CBDC), developing countries remain closed off the CBDCs.
Beijing pushes for Hong Kong’s leader to attend Apec summit in US
China’s foreign affairs ministry last month called on the US to ensure that Lee, who was appointed by Beijing last year, can “attend the summit smoothly”. The former British colony has been an Apec …
AstraZeneca CFO denies geopolitics impacts the company’s China business after spinoff rumors
Aradhana Sarin told CNBC the company was in a “very unique space” regarding impact from rising geopolitical tensions between China and the west.
China Property Stocks Near Bull Market on Latest Support Pledges
China’s latest efforts to stabilize the property sector is luring investors back into the market, pushing a gauge of developer stocks closer to a technical bull territory.
Chinese finance ministry to issue RMB sovereign bonds worth $1.68b in Hong Kong
HONG KONG – China’s finance ministry will issue renminbi (RMB) sovereign bonds through the Central Moneymarkets Unit of the Hong Kong Monetary Authority (HKMA), with a total issuance size of 12 billion yuan ($1.68 billion)…