Stablecoins could present the next battleground in the US-China rivalry. Beijing appears to be using Hong Kong as a testing ground for cryptocurrencies pegged 1:1 to fiat currencies with new …
FINANCE
China’s Central Bank Extends Gold Buying Spree to 10 Months
The People’s Bank of China increased its gold holdings in August for a 10th month, in a continued push to diversify its reserves away from US dollars.
China paves way for renminbi fundraising by Russian energy giants
An increasing number of important Russian energy firms have secured Chinese credit ratings. They include Atomenergoprom JSC, an affiliate of Rosatom; top LNG supplier Novatek, whose recently …
China’s Forex Reserves Rise in August
China’s Forex Reserves Rise in August …
The SCO summit and the quest for economic justice in a multipolar world
The recent summit of the Shanghai Cooperation Organization (SCO) in Beijing, often portrayed in headlines through images of missiles and military parades, …
China’s financial anti-corruption drive will boost confidence in the long term: analyst
Challenge lies in how the campaign can create real deterrence, rather than drive the corruption ‘deeper underground’, observer says.
China Financial Leasing Group Ltd Announces Board and Committee Roles
China Financial Leasing Group Ltd ( ($HK:2312) ) has provided an announcement. China Financial Leasing Group Ltd has announced the composition of …
China’s yuan rallies with central bank backing as worries mount over US dollar
The People’s Bank of China has nudged the yuan into a stronger position as investor concerns grow over Federal Reserve independence A recent rally in China’s yuan has been primarily fuelled by …
Would Anyone Use a Chinese Stablecoin?
Adding to the urgency for China is the newfound legitimacy for stablecoins conferred by a law President Trump signed in July. For the first time, the federal government will regulate how stablecoins …
Former head of China securities watchdog under corruption probe
The former chief of China’s top regulatory body for securities markets has been placed under investigation, anti-corruption authorities said Saturday, marking the latest development in Beijing’s years …
Record $322 billion in China loans for stock bets feeds volatility and prompts caution
China’s investors borrowed a record $322 billion to buy stocks this year, but sharp corrections this week and heightened regulatory scrutiny to cool overheated markets are now making them jittery …
Analysis-Record $322 billion in China loans for stock bets feeds volatility and prompts caution
China’s investors borrowed a record $322 billion to buy stocks this year, but sharp corrections this week and heightened regulatory scrutiny to cool overheated markets are now making them jittery …
China exits Pakistan’s $60 billion CPEC flagship project; Islamabad turns to ADB for funding
Islamabad’s warming relations with Washington, and India’s growing closeness with China and Russia after the Shanghai Cooperation Organisation (SCO) summit in Tianjin, have added a complex …
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