China’s regulators held an emergency meeting on April 22 between officials from China’s central bank, the finance ministry, domestic banks operating within China, and international lenders such as …
FINANCE
China’s difficult balancing act: Achieving zero-Covid policy and economic growth
China is today the only large economy today that maintains … a professor of economics and finance at Peking University, in a digital seminar organized by the University of Sydney. But investment in …
Estée Lauder stock dips as sales decline amid China lockdowns
Yahoo Finance Live’s Akiko Fujita and Brian Cheung discuss the decline in stock for Estée Lauder as sales continue to decline amid China’s COVID-19 lockdowns. BRIAN CHEUNG: Well, I want to …
DLA Piper poaches Linklaters energy-focused finance partner in Hong Kong
Chen joins DLA Piper as a partner from Linklaters in Hong Kong She focuses on energy project financing in Greater China and projects under China’s Belt and Road Initiative The company and law firm …
Quarles: U.S. doesn’t need CBDC to compete with China
More pointedly, the Fed’s former vice chair for supervision said the threat to U.S. financial dominance posed by China, which launched a pilot program for a digital renminbi last year, has been …
Oil Slips as China Lockdowns Overshadow Russian Output Risk
(Bloomberg) — Oil slipped from brief gains as lockdowns across China countered looming European Union measures to limit purchases of Russian fuel. Most Read from Bloomberg Citi Trader Made Error …
Still no ruling on Russia’s controversial figure skating medal from Beijing Olympics. Why? | Opinion
WASHINGTON — It has now been more than 10 weeks since the 2022 Beijing Olympics ended, a Winter Games that will forever be known for the Russian doping scandal that consumed them and the figure…
HSBC’s biggest shareholder reignites debate about breaking up the bank
Hong Kong (CNN Business)HSBC has long prided itself on being the bank that connects East and West. Now it’s under pressure to rethink that model after a challenge from its top shareholder, one of the…
What China’s new infrastructure plan, Fed interest rate rises and yen weakness mean for the world
It is against this backdrop that the unveiling of new infrastructure investment plans last week by China’s Central Financial and Economic Affairs Commission, after a meeting at which President Xi …
Oil Retreats as China Lockdowns Counter Russian Output Risk
(Bloomberg) — Oil fell below $104 a barrel in New York as investors weighed lockdowns across China against looming European Union measures to limit purchases of Russian fuel. Most Read from …
China, fearing sanctions, is working to protect its foreign assets
The co-ordinated sanctions imposed by the West on Russia has, according to reports, has led China working to protect its foreign assets, fearing it too could become a target. The war un Ukraine is …
Chinese banks set to report profit growth in first quarter due to record lending, central bank support measures
Chinese banks are set to deliver year-on-year earnings growth of 5 to 10 per cent when they report first-quarter earnings on Friday, due to a record level of loans and supportive measures by the …
WESTERN SANCTIONS: Beijing orders officials to find ways to protect China
Chinese officials are looking at ways to defend the country from economic attack if the West should look to sanction China in the same way it did Russia — stoking fears the nation is preparing…
