China’s top legislature said it plans to revise the law governing the People’s Bank of China this year, amid a broadening of the central bank’s role in recent years. ( read original story …)
FINANCE
Pro-Beijing H.K. Lawmaker Welcomes China’s New Security Legislation
Holden Chow, a member of Hong Kong’s Legislative Council and vice chairman of the largest pro-Beijing party, the Democratic Alliance for the Betterment and Progress of Hong Kong, talks about China’s … ( read original…
Beijing Warns Americans Are Pushing Countries Toward ‘New Cold War’
The U.S. should give up its “wishful thinking” of changing China, Foreign Minister Wang Yi said, warning that some in America were pushing relations to a “new Cold War.”“China has no intention to … (…
Beijing Urges U.S. to Drop ‘Wishful Thinking’ of Changing China
The U.S. should give up its “wishful thinking” of changing China, Foreign Minister Wang Yi said, warning that some in America were pushing relations to a “new Cold War.”“China has no intention to … (…
China’s efforts to resolve financial risks slowed by virus – local central bank head
China’s efforts to resolve risks among high-risk financial institutions have been hampered by slower economic conditions caused by the outbreak of the new coronavirus, the head of a provincial branch … ( read original story…
Trump’s demonization of China puts U.S. in financial peril
Trump express anger that his China trade deal is off to a rocky start but he lacks obvious remedies The United States, of course, is running massive budget deficits as part of our attempt to…
WRAPUP 1-Beijing says new HK laws won’t harm investors, urges countries to stop “meddling”
China’s foreign ministry branch in Hong Kong dismissed concerns that its proposed national security laws for the city would harm foreign investors, hitting back at “meddling” countries as Beijing’s … ( read original story …)
Criticising “meddling”, Beijing says Hong Kong security laws won’t harm investors
China’s foreign ministry branch in Hong Kong hit back on Saturday at “meddling” countries and said proposed national security laws would not harm the interests of foreign investors in the city. The … ( read…
Hong Kongers fret over Beijing’s planned new security laws
Newspaper vendor Man, 60, was speechless when she saw the headline that Beijing plans to impose national security laws on Hong Kong, and worried what the future holds for youth in the Chinese-ruled … (…
Circle, Bank Of England, IMF, Wanxiang, PBOC To Discuss: “Full Reserve Banking, Narrowbanks For Digital Currency, And The China Model”
Jeremy Allaire will be hosting a discussion on YouTube Live with Michael Kumhof (Bank of England), Tommaso Mancini-Grinffoli (IMF), and Dr. Chuanwei David Zou (Wanxiang, PBOC). The talk comes at an … ( read original…
Hong Kong Shares Tumble As Beijing Moves To Tighten Its Grip
Wall Street and European stocks ended mixed on Friday following heavy losses in Hong Kong over China’s push for a national security law that drew rebukes from the United States and Europe. On the ……
Hong Kong plunges more than 5% as Beijing plans to impose new security laws
China is set to introduce a national security law for Hong Kong, after the city was plunged into turmoil last year by pro-democracy protests that often degenerated into violence. ( read original story …)
Beijing may base security agencies in Hong Kong as part of new laws
A proposal to impose national security laws in Hong Kong could see mainland intelligence agencies set up bases in the global financial hub, raising fears of direct enforcement by Chinese authorities … ( read original…
