Pakistan has turned to the Asian Development Bank for a $2 billion loan to upgrade the Karachi-Rohri section of the ML-1 railway, the biggest CPEC project, after China pulled back citing payment …
FINANCE
India, China, Russia Signal Shift in Global Finance at SCO Summit
For investors, regional realignments registered at the summit may offer new opportunities, but the near-term outlook remains cautious.
How much gold will be enough to diversify China’s reserves?
Aggressive gold-buying by China’s central bank since 2023 has raised the question of how far Beijing will boost its reserves as it tries to reduce its reliance on the dollar and align its holdings …
Analysis-How much gold will be enough to diversify China’s reserves?
By Polina Devitt and Kevin Yao LONDON/BEIJING (Reuters) -Aggressive gold-buying by China’s central bank since 2023 has raised the question of how far Beijing will boost its reserves as it tries to …
Nomura warns China’s stock surge risks creating a bubble with little benefit to economy
Nomura compared the recent rally with 2014-15 when the Shanghai index shot up 150 per cent before collapsing 40 per cent in a matter of weeks China’s stock markets have surged to their highest levels…
FirstFT: China and Russia sign agreement to build vast new Siberia gas pipeline
Also in today’s newsletter, Google avoids break-up in US monopoly case, and Suntory chair steps down after police probe …
Russia, China Advance Plans on Pipeline Agreement
Following talks in Beijing between Russian President Vladimir Putin and Chinese leader Xi Jinping, Moscow said the two sides had signed a legally binding memorandum to build the Power of Siberia 2 …
Xi, Putin Tighten Ties in Beijing With Apparent Gas Breakthrough
The head of Russia’s Gazprom PJSC, speaking to Russian media in Beijing, said the gas giant has signed a legally binding agreement to build the long-anticipated Power of Siberia 2 pipeline to China …
Kim Jong-un arrives in Beijing ahead of military parade with Xi and Putin
As Mr Putin and Mr Xi met, Russia’s Gazprom and China National Petroleum Corporation signed a deal to increase gas supplies and penned an agreement on a new pipeline that could supply China for 30…
Q: China and America Are Locked in a High-Stakes AI Race. How Do Their Tactics Differ?
Silicon Valley and Beijing are both making big investments in AI, but they have different priorities. Reporters Josh Chin and Raffaele Huang discuss their divergent visions. A: The U.S. is s …
Russia and China Sign Major Deal for New Gas Pipeline
Financial details are also yet to be disclosed. “The project to build Power of Siberia 2 and the Soyuz-Vostok gas pipeline, the transit link through Mongolia, as well as the gas shipment capacity in …
China-led bloc to set up development bank in win for Xi
BEIJING] Chinese President Xi Jinping secured an agreement from partner countries to set up a new development bank, realising a longtime ambition in a display of Beijing’s growing influence. Read more …
Aurangzeb advances Pakistan-China financial cooperation
BEIJING: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held important meetings Monday in Beijing with Dr Pan Gongsheng, Governor of the People’s Bank of China (PBOC), and Liao …
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