Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from Western sanctions, which it said had frozen nearly half of its gold and foreign currency…
FINANCE
White House adviser to discuss Russia’s war in Ukraine with China’s top diplomat – source
U.S. National Security Adviser Jake Sullivan will meet with China’s top diplomat Yang Jiechi in Rome on Monday to discuss Russia’s war against Ukraine and its impact on regional and global security, a …
Complaints against China’s banking sector rise in Q4
Consumer complaints received by the China Banking and Insurance Regulatory Commission and its local bureaus rose 38 percent quart …
China records over 3,200 Covid cases in a day, the worst since the 2020 outbreak
The nationwide surge in cases in the past few days has health authorities scrambling to control the localised clusters of both Omicron and Delta varieties of the infection.
Commentary: China should be troubled by these unprecedented US-led sanctions on Russia
A lack of a military response from the United States could inspire the hawks in Beijing but the sanctions implemented are also a warning, says Christian Le Miere.
China banker optimistic deal on US accounting can be reached to ease delisting concerns, calls sell-off ‘somewhat irrational’
China and US should be able to strike a deal on the auditing dispute that threatens the listing status of 200-odd Chinese firms, CICC banker says. Last week’s sell-off in the US was ‘somewhat …
The U.S. must bust up the new China-Russia-Saudi Axis of Oil
The world’s economy still runs on oil. It provides a third of all global energy and fuels over 90% of transportation. Cheap energy drives economic …
Spatial spillover effects and action paths of electricity consumption driven by China’s financial development based on global co-integration.
Although studies on the influencing factors of electricity consumption are rich, the focus on the relationship between financial development and electricity consumption is scarce due to the …
China continues financial support for carbon reduction, energy transformation
China has continued to increase financial support for carbon reduction and set up a new system to push energy transformation, Jin Penghui, deputy director of the Shanghai Head Office of the People’s …
China Banker Optimistic Deal on U.S. Accounting Can Be Reached
The U.S. Securities and Exchange Commission last week identified five Chinese firms under the Holding Foreign Companies Accountable Act, which it says the Public Company Accountin …
Industrial Bank’s outstanding loans for small businesses exceed 310 bln yuan
The Industrial Bank, one of the leading lenders in China, had seen its outstanding inclusive loans for small and micro enterprises reach over 310 billion yuan (about 49 billion U.S. dollars) by the …
China’s balancing act on Russian invasion of Ukraine explained
Russia has few friends in the international community following its invasion of Ukraine. But China, which shares a 2,672-mile (4,300-kilometer) border with Russia, is among the handful of nations that …
Ukraine invasion: with the US distracted, China may have an ‘opportunity’ to expand economic influence in the Middle East
As the United States marshals allies to impose sanctions on Russia over its invasion of Ukraine, some have questioned whether China may attempt to expand its interests in the Middle East while …