China spent enormous sums of money on building isolation facilities and makeshift hospitals, as well rolling out mass testing But after Beijing abruptly pivoted from zero-Covid, a surge in infections ...
US Debt Limit Threat May Make China the Winner
China’s embassy in Lusaka, Zambia, probably isn’t accustomed to capturing the attention of the international financial press. But with China off celebrating the Lunar New Year holidays, it was staff ...
IMF, World Bank Can Respond to China’s Push
No emerging country should be eligible for financial assistance without clear and transparent terms related to any Chinese lending.
China’s reopening isn’t going to be a tailwind for Apple, says BofA’s Wamsi Mohan
Wamsi Mohan, Bank of America analyst, joins 'Closing Bell' to discuss Apple ahead of its earnings report next week. Got a confidential news tip? We want to hear from you. Sign up for free newsletters ...
Optimism over China, peak bond yields draw flows into stocks -BofA
Weekly inflows into stocks in the week to Wednesday were the largest in six weeks, data from BofA Global Research showed, as China's reopening of its borders and expectations that bond yields have ...
China Doesn’t Want a U.S. Debt Default
Since U.S. Treasury debt powers the entire world financial system, the result could be a massive global economic crisis. If that happens, how well would the world’s second-biggest economy, China, ...
Visa, Mastercard pin hopes on China reopening as travel boom fades
Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a boost, Wall Street analysts said, as the pace of growth in other parts of the world eases from a post-pandemic boom.
Debt ceiling debate: A gift to China’s grand strategy
The U.S. dollar is the global reserve currency and many nations and individuals hold U.S. government debt as the safest of all investments. As a result, the consequences of a U.S. debt default would ...
China to set the pace on green and sustainable finance this year backed by policy support, ESG awareness, bankers say
Greater awareness and a sense of urgency on the need for climate mitigation and other sustainability actions will spur green bond issuances this year ESG bonds issued in Asia ex-Japan are expected to ...
German Finance Minister said West must maintain its presence in Chinese market
German Finance Minister Christian Lindner noted that Western countries should maintain their presence in the Chinese market. He also ...
No reason to fret over China’s shrinking population with solutions already in the works
As Yuan Yang wrote in the Financial Times recently: "In a post-agrarian China, one no longer needs to have children in order to have hands for the harvest. Financial risk-pooling through a national ...
China 2022 GDP was below 3%. How this could affect the world: Report
According to China 's National Bureau of Statistics (NBS), the annual GDP growth of the country fell to 3 per cent, much below the 5.5 per cent official target in 2022 and its economic slowdown has ...
Can China Mend Its Ties With The West?
China is aiming to improve relations with the West, particularly its ties with Europe, which have been hurt by Beijing's support for Russia throughout Moscow's invasion of Ukraine ...