China, on which Hong Kong relies for half of its trade, posted 9.9% growth in exports and a 13.2% jump in imports last month, Chan said. Consumer consumption in Hong Kong is also recovering, with…
FINANCE
China to continue easing financial market access, says PBoC chief
China’s central bank governor reiterated the nation’s commitment to further opening up its financial sector and lowering market barriers to foreign investors. ‘The new development pattern is not … ( read original story …)
China will focus on self-reliance and cutting financial risk, says Vice-President Wang Qishan
Xi Jinping’s right-hand man signals move away from a export-oriented strategy ahead of key Communist Party policy meeting. ( read original story …)
PBOC’s Yi Says China to Continue Easing Financial Market Access
China’s central bank governor reiterated the nation’s commitment to further opening up its financial sector and lowering market barriers to foreign investors. ( read original story …)
Now on Beijing’s wishlist: quantum technology
The country’s top leaders have made quantum technology a priority. Time to buckle your seats—the field is in for a gold rush. ( read original story …)
Central Bank Digital Currencies And The U.S./China Great Power Competition
As tensions heighten between the United States and China, a Digital Yuan has immense implications for the Great Power Competition and the global financial system. ( read original story …)
China’s bouncing back, but don’t bet on other emerging markets to join the ride
China’s economy is bouncing back, but other emerging markets aren’t likely to enjoy the spoils, says one economist. ( read original story …)
China revises central bank law to help risk fight
China on Friday issued a revised law on the central bank to formalise its expanded role in overseeing the financial sector to help ward off risks in the world’s second-largest economy. ( read original story…
Secret Chinese bank account remains a problem for Trump
A scandal-plagued American president defended a previously undisclosed bank account in China with two claims, both of which are wrong. ( read original story …)
China and America: Coupling up
Politicians in the US and China warn of decoupling, but at a financial level the two countries are closer than ever. China needs US money and help in building its capital markets. US funds are…
China, Hong Kong stocks rise on strong quarterly earnings, financials boost
China and Hong Kong stocks firmed on Friday morning, helped by gains in heavyweight financial firms and strong quarterly earnings so far. ** At the midday break, the Shanghai Composite index was up 0. (…
Trump Closed Bank Account in China Before He Was Elected
President Donald Trump says he closed a bank account he had in China before he “even ever ran for president.” He speaks at the last presidential debate in Nashville. (Source: Bloomberg) … ( read original…
Trump’s reported Chinese bank account raises security concerns: Pelosi
U.S. President Donald Trump’s bank account in China raises serious national security concerns, U.S. House of Representatives Speaker Nancy Pelosi said on Wednesday following a New York Times report … ( read original story …)
