Foreign investors reduced their holdings of Chinese government bonds by the most ever last month as Russia’s invasion of Ukraine roiled fixed-income markets worldwide. Most Read from BloombergUkraine …
FINANCE
China’s procuratorial authorities active in defusing financial risks: report
China’s procuratorial authorities made active efforts to forestall and defuse financial risks in 2021, according to a work report of the Supreme People’s Procuratorate. A total of 43,000 people …
China ups fight against financial crimes: report
China has beefed up efforts to crack down on financial and securities-related crimes according to a work report of the Supreme Peo …
How the Ukraine war could boost China’s global finance ambitions
This would be a boost to more than 20 years of work by Beijing to globalise its currency by increasing its use in foreign trade and as a store of value in international finance. “We…
China Construction Bank Unit Gets Reprieve on Metal Margin Calls
A unit of China Construction Bank Corp. was given additional time by the London Metal Exchange to pay hundreds of millions of dollars of margin calls it missed Monday amid an unprecedented spike in …
Duterte: PH must honor Recto Bank exploration deal with China
President Duterte reveals he received a reminder from China about the consequences of disregarding the two countries’ agreement for joint oil exploration.
How China’s Currency Could Come Out a Big Winner in the Ukraine War
Investors fleeing riskier assets have turned to the renminbi, which is strong against the dollar. And digital payments between Russia and China are rising.
China charts path to a green future
China is ready to make a greater contribution to the global response to climate change. As such, the country is taking concrete steps to foster green, low-carbon, high-quality development as it …
China Won’t Join Sanctions Against Russia, Banking Regulator Says
China’s banking and insurance regulator said that the country opposes financial sanctions against Russia and will not join them …
China’s Dilemma: Huge Growth, Achieved Carefully
China’s number was a bit higher at 4.8%. The years when it could reliably grow at huge multiples of peers are behind us. China does have familiar tools at hand to achieve its target: fiscal and…
China warns US against forming Pacific NATO and backing Taiwan
China warned the U.S. against trying to build what it called a Pacific version of NATO, while declaring that security disputes over Taiwan and Ukraine were “not comparable at all.” …
US debates trying to gain China’s help in defusing Russia, cooperating on sanctions
There are two camps, sources say: one that thinks China won’t go along, given its distrust of Washington, and another that says there is little risk in trying Beijing will avoid outright defiance of …
China can help Russia to a significant extent, says trade policy expert
Eswar Prasad, sr. professor of trade policy at Cornell University and former head of the IMF’s China division, joins ‘Your Money 2022: Global Edition’ to discuss China’s relationship with Russia, in …
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