Although the global economy recovered slowly after 2010, its growth rate from 2011 to 2019 was lower than that before the global financial crisis. In particular, the average growth rate of the …
FINANCE
China’s financial regulator plans new approach to break deadlock with the US over auditing work
The CSRC is considering a new approach that grants the US accounting oversight board access to Chinese audit papers after vetting by China’s finance ministry Global audit and data privacy principles …
China will pay high price for supporting Putin’s invasion
The longer Vladimir Putin’s invasion of Ukraine goes on, the higher economic and diplomatic price China will have to pay for supporting him. On March 16, at the International Court of Justice in The …
Buyer Beware on China Stocks
It has been a wild ride for stocks linked to China in recent years and, indeed, in recent days. As of late, spiking Covid case numbers across China, including in tech hub Shenzhen for a…
Tencent ‘exploring’ a financial holding company for WeChat Pay if Chinese regulators require it
Chinese giant Tencent said it is exploring whether regulators will require it to create a financial holding company to house is fintech business.
China Gets a Warning With U.S.-U.K. Tariff Deal, Raimondo Says
U.K. agreement to ease tariffs on British steel and aluminum sends a warning to China about its policy of subsidizing producers, President Joe Biden’s commerce chief said.
Biden and G-7 allies preparing ‘enforcement mechanism’ to stop China from helping Russia
President Joe Biden and other leaders of the G-7 nations will roll out a new initiative Thursday to ensure “enforcement” of the West’s sanctions against Russia and prevent China and other countries …
Pakistan gets financial relief as China rolls over $4.2bn debt
Finance Minister Shaukat Tarin has said that China has agreed to rollover $4.2 billion debt, providing a major financial relief to the government, a news outlet reported on Wednesday.According to …
Why China is still a solid growth engine and safe harbour for multinationals amid rising anti-globalisation
Multinationals caught in geopolitical crossfire are finding that China continues to offer growth and opportunities, as long as they can find niches aligned with Beijing’s long-term development …
Why China Hasn’t Condemned Russia: American-Led Sanctions Against Russia For Its Invasion Of Ukraine Are Fueling A Global Realignment.
“The friendship of the peoples of China and the Soviet Union is everlasting.” 1967 Sino-Soviet propaganda poster (via Soviet Visuals). The U.S. Sanctions …
China front-loads transfer payments to steady local finance: ministry
China has earmarked 400 billion yuan (about 62.9 billion U.S. dollars) of transfer payments to help local governments handle pressure from tax refunds, an official said on Wednesday. The advance …
Nickel Short Saga Raises Questions About China’s Interference in International Markets
Beijing’s bailout of a “big shot” metals billionaire is a warning about the growing influence of authoritarian regimes in the financial services industry.
Stocks Climb on Relief China Is Taking the Middle Road
Stocks markets continue to rally hard on overly optimistic peace hopes. Unwinding previously large war positioning and encouraging the joining of the ‘buy the dip’ fanatics.
ADVERTISEMENT
