China plans to set up a financial stability fund and adopt measures to keep housing prices stable, as policy makers ramp up efforts to prevent systemic risks.
FINANCE
China plans 7.1% defence spending rise this year, outpacing GDP target
China will spend 7.1% more on defence this year, outpacing last year’s hike and the government’s modest economic growth forecast as Premier Li Keqiang seeks to safeguard the country’s sovereignty, …
China’s leaders walking tightrope on Russia-Ukraine conflict
Analysts say Ukraine’s conflict will show the world whether confessions of both leaders are legitimate, or these relations are rather transactional. Writing for the InsideOver publication, Federico …
Powell acknowledges Russia sanctions could rev China plan for alternative to dollar-centric banking
Federal Reserve Chairman Jerome Powell is acknowledging that China could accelerate its plans to create an alternative to the global dollar-standard payments system – amid the crippling sanctions the …
China Won’t Ride To Russia’s Rescue
But Xi will hardly welcome global chaos as he tries to pull his country out of an economic slowdown, contain metastasizing defaults across its all-important property sector and fashion a rosy …
China: Investor Howard Marks Unbowed
China’s stocks have stumbled this year. But Oaktree Capital Management Co-chairman Howard Marks is bullish on China.
China will put Taiwan on ‘back burner’ after ‘scary’ Russia sanctions: Bill Browder
Instead of increasing the likelihood of a Chinese attack on Taiwan, the crisis in Ukraine and the global sanctions regime that followed have put such an operation on the “back burner,” says Bill …
China’s central bank to spare no effort in serving real economy in 2022
China will in 2022 accelerate its construction of systems and mechanisms for the financial sector to effectively support the real economy, according to the country’s central bank. The People’s Bank of …
China will put Taiwan on the ‘back burner’: Bill Browder
Hermitage Capital Management CEO Bill Browder joins ‘Influencers with Andy Serwer’ to discuss the West’s response to the Russian invasion of Ukraine and how it could impact China’s decision-making in …
China’s CIPS trapped in Swift’s shadow
The prospect of China’s Cross-Border Interbank Payment System vying with or supplanting Swift grabbed attention in the wake of Russia’s invasion of Ukraine. But CIPS isn’t ready for the big time. It …
China turns back on Putin: Beijing bank withdraws Russia support
A MAJOR Beijing based lender has announced it is suspending activities with Russia and Belarus as Vladimir Putin increasingly looks to China for support.
Howard Marks Calls China Market a ‘Buy’ in Oaktree WeChat Debut
Oaktree Capital Management’s co-founder vowed to participate in China’s market in the long run by “always buying,” as the distressed-debt investor launched a WeChat social media account. Most Read …
China’s links to Russia leave it exposed as Ukraine attack backfires, experts say
Russia’s bid, supported by China, to roll back Nato, exploit divisions among democracies and work together to make the world safe for authoritarians shows early signs of doing just the opposite as …
