China on Monday highlighted the pressing need to bring more stability and certainty to an age of instability and transformation, given the ongoing complex changes in the international landscape and a …
FINANCE
China-proposed GDI platform to accelerate implementation of SDGs: Pakistani FM
While addressing the high-level virtual meeting of the Group of Friends of the GDI on Monday, Zardari expressed concerns over the reversal of progress in the implementation of SDGs, owing to multiple …
China’s Climate-Focused Funds Surpass U.S. With $47 Billion in Assets
Chinese funds with a climate focus more than doubled their assets last year, passing the U.S. as the second-largest global market and bolstering Beijing’s push to meet its net-zero targets.Most Read …
Hong Kong’s new leader is Beijing’s designated ‘enforcer’
John Lee Ka-chiu’s election as Hong Kong’s new chief executive signals a decisive turn in the territory’s lurch toward Beijing-style authoritarian rule. Lee, the territory’s former secretary of …
China’s zero-COVID policy is sending ripples through the world economy
“Everything in China is a mess right now in terms of China’s connection … approachable way. We rely on your financial support to keep making that possible. Your donation today powers the independent …
China covid crisis: Cases surge in Beijing, officials to identify high-risk spots
China is going through its worst phase of covid again the latest update we are getting is that as covid cases are surging in china Beijing banking is demanding a quick response as a measure…
China’s COVID Lockdowns Push Copper Prices Lower
Starting in late April, copper prices began to take out prior lows. It seemed like an attempt to find a bottom and reestablish a potential bullish reversal in the short term. The Copper Monthly …
BlackRock cuts back on China exposure on macro, geopolitical concerns
BlackRock trimmed its exposure to Chinese stocks and government bonds, and Asian fixed income more widely, to neutral from a slight overweight, citing a worsening macroeconomic outlook as well as …
China’s yuan hits 18-month low against the dollar as Beijing’s Covid lockdowns drag economy and US bond yields climb
China’s central bank is moving to slow the yuan’s slide … and whether the yuan stands a chance of supplanting it. Skeptics say Beijing isn’t ready to take on the responsibility of being a …
China’s central bank vows use of multiple policy tools, prioritizing stability in complex, uncertain environment
China’s central bank vowed on Monday to use multiple monetary policy tools to maintain reasonable and ample liquidity to shore up the country’s slowing economy. Monetary policy changes in the US and …
China’s central bank pledges to step up policy support for slowing economy
BEIJING (Reuters) – China’s central bank said on Monday it would step up support for the slowing economy, while closely watching domestic inflation and monitoring policy adjustments by developed …
Stock markets fall further on Fed hikes and China COVID lockdowns concerns
Investors balanced a strong U.S. jobs report against worries the Fed’s plans to bring down inflation may cause a recession.
Wall Street joins worldwide swoon on rate, China worries
Wall Street is tumbling toward its lowest point in more than a year Monday as renewed worries about China’s economy on pile on top of markets already battered by rising interest rates. The S&P 500…