China’s central bank boss warned that the global monetary system could be “weaponised” and politicised by dominant countries, as the country navigates an uneasy trade truce with the US.
FINANCE
China Will Hike Quota for Investors Buying Overseas Assets
China will allow some local investors to put more of their money into overseas assets, a sign Beijing is opening up its financial market as the yuan steadies.
Foreign institutions key to China’s modern financial system
Foreign institutions are important participants and active contributors to the construction of China’s modern financial system, Li Yunze, head of the National Financial Regulatory Administration, said …
China’s central bank says to promote digital yuan, multi-polar currency system
China’s central bank governor announced plans to promote the international use of the digital yuan and called for the development of a multi-polar global currency system, where several currencies …
China’s central bank unveils eight major financial opening-up measures at 2025 Lujiazui Forum in Shanghai
At the opening ceremony of the 2025 Lujiazui Forum held in Shanghai on Wednesday, People’s Bank of China (PBC) Governor Pan Gongsheng announced eight significant measures to further open China’s …
Asian Penny Stocks With Market Caps Under US$2B To Watch
Amidst escalating geopolitical tensions in the Middle East and evolving trade dynamics, Asian markets have been navigating a complex landscape. Despite these challenges, there are still opportunities …
China Just Cut Off These Rare Metals. The U.S. Has No Backup Plan–Yet.
Beijing tightens its grip on critical resources. One CEO says America’s race to catch up is already years behind.
China’s high-standard financial opening-up injects stability into global markets
Lujiazui Forum, scheduled for Wednesday and Thursday, will highlight China’s expanding influence in the global financial landscape. According to the Shanghai Municipal Bureau of Finance, this year’s …
Goldman Sachs Says the ‘Prominent 10’ Could Be China’s ‘Magnificent Seven’
The “Prominent 10” are China’s large, public-owned enterprises that Goldman Sachs said it expects to benefit the most in the coming years from a lighter regulatory approach and investments in …
China’s new homes demand to remain well short of 2017 peak, says Goldman Sachs
BEIJING, June 17 (Reuters) – Demand for new homes in China is likely to remain substantially below the market’s 2017 peak over the next few years, Goldman Sachs said late on Monday in a projection…
Beijing strikes back: China eyes creation of financial titans
China’s financial overhaul aims to rival U.S. dominance, creating powerful domestic institutions for global influence …
EU Refused Meeting With China on Lack of Trade Progress, FT Says
The European Union is refusing to hold an economic meeting with China due to a lack of progress on trade disputes, the Financial Times reports, underscoring tensions between the two sides even as …
China’s Cosco Eyes Stake in MSC-BlackRock Panama Ports Deal
The reported potential addition of Chinese investors emerged as the current $23 billion deal has hit regulatory roadblocks.
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