In an initiative that has been greeted with skepticism from climate campaigners, a coalition of banks, insurance companies and investment firms committed $100 trillion of private capital to help the …
FINANCE
RPT-UPDATE 2-China Oct exports beat forecasts, offer buffer to slowing economy
China’s export growth slowed in October but beat forecasts, helped by booming global demand ahead of winter holiday seasons, an easing power crunch and an improvement in supply chains that had been …
The power of the banking system in the green economy
That’s why economists and environmentalists are betting their hopes on banks to guide capital to the green spectrum of the economy, away from high-polluting and high-energy consuming industries. A new …
Record land sales will shrink Hong Kong deficit, but not enough to justify big spending, finance chief says
The sale of several prime urban sites helped the city hit a record high of HK$40 billion in land income as of last month, but it’s not enough to cover gap created by major increases…
China’s forex reserves rise in October China’s forex reserves rise in October
China’s foreign exchange reserves rose to $3.218 trillion at the end of October, up $17 billion from a month earlier, led by the combined impact of currency translation and changes in asset prices, …
Why China is funding a base in Tajikistan
The country’s long borders with China and Afghanistan are an obvious security concern but its geography is also important for Beijing’s economic plans.
China’s Stagflation Risk Builds as Growth Slows: Eco Week Ahead
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergWhere Did All the Public Bathrooms Go?What It Means to Design a Space for …
China’s October forex reserves at $3.218 trillion – central bank
China’s foreign exchange reserves, the world’s largest, reached $3.218 trillion at the end of October, data from the People’s Bank of China showed on Sunday.
Regional economic integration boosts opening-up in finance
Regional economic integration will help boost the opening-up of finance and create more space for the development of financial institutions, according to participants at a sub-forum during the ongoing …
Climate and China’s soft power
China has enjoyed in recent years a reputation as a state that is deeply committed to the climate change agenda, yet it has received significant criticism for the failure of Chinese President Xi …
(CIIE) Regional economic integration boosts opening-up in finance
Regional economic integration will help boost the opening-up of finance and create more space for the development of financial institutions, according to participants at a sub-forum during the ongoing …
China finishes all due preparations for implementing RCEP
China has completed all due preparations for fully implementing the Regional Comprehensive Economic Partnership (RCEP), according to the Ministry of Commerce (MOFCOM) on Saturday. The effect of the …
Xinhua Silk Road: China’s tea industry maintains growth momentum in production and sales, expert
As the domestic epidemic is further well controlled, China’s tea industry presents a boom in production and sales in 2021, said Wang Qing, president of China Tea Marketing Association, on the 17th …
