We don’t have to fear any country,’ France’s finance minister says, calling the EU ‘one of the most powerful economic continents’.
Monthly Archives For September 2023
Major China banks instructed to shake up dollar purchases
The financial realm has been abuzz with reports that some of the most influential banks in China are being advised to rethink their foreign exchange strategies. These instructions, straight from the …
China not ‘shutting down’ IPOs: securities regulator
The China Securities Regulatory Commission (CSRC) and stock exchanges did not suspend the acceptance, review, and registration of initial public offerings (IPOs), and there is no “shutting down” of IPOs or refinancing activities of listed…
Beijing has one museum for every 100,000 people
From 2020, Beijing accelerated its efforts to build a “city of museums” relying on its rich historical and cultural heritage. In the past three years, Beijing has used the vacated cultural relics buildings, former residences…
China Proposes Fantasy Alternative to Major War With Taiwan
Photo Illustration by Luis G. Rendon/The Daily Beast/GettyBeijing unveiled a plan this week to further integrate Taiwan with a coastal province in China, in what appears to be a playbook for taking control of the…
Will China weaponise the yuan? Global finance body throws cold water on the idea as it rankles markets
Intentionally weakening the yuan would be a boon for cheaper Chinese exports, but on the whole, a devalued yuan could make China’s problems much worse.
What anger over top influencer says about China today
One of China’s most popular influencers has come under fire for dismissing a young follower’s complaint over high makeup prices as “nonsense”.
Exclusive-IMF to urge China to shift growth model, Georgieva says
The International Monetary Fund plans to tell China to boost weak domestic consumption, address its troubled real estate sector and rein in local government debt, problems that are dragging down both Chinese and global growth,
Rahm Emanuel takes the spotlight with snarky China tweets
When a Reuters reporter asked a U.S. State Department spokesperson this week about a sarcastic social media post by the U.S. ambassador to Japan concerning China’s missing defense minister, the reply was appropriately diplomatic.
Troubled Shadow Bank Zhongrong Gets Help From China State Giants
An embattled Chinese shadow bank has taken a step closer to receiving potential state-led assistance, entering a partnership agreement with two of the nation’s biggest financial firms.Most Read from B
Vice President to Represent China at UN General Assembly
He participated via video conference during the first two years of the coronavirus pandemic. Wang Yi attended last year and generally represented China at the U.N. Wang is the head of the foreign affairs committee…
Foxconn offers higher wages for Huawei workers in Shenzhen compared to iPhone production
Foxconn Technology Group, a key supplier for Apple, is offering higher wages to workers involved in making Huawei Technologies’ handsets …
China appears to suspend spy balloon program
CNN’s Natasha Bertrand speaks with Isa Soares about how China appears to have suspended its spy balloon program, following a major diplomatic incident earlier this year.
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