Taiwan’s exports rose less than expected in July as weak demand from China offset record orders from the United States which underscored the island’s essential role as a supply hub for the booming …
FINANCE
Facing budget crunches, Chinese tax collectors descend on companies
Finance Minister Li Fo’an told the official Xinhua News Agency … senior fellow at the Peterson Institute for International Economics. Beijing has been reluctant to rescue struggling local …
China’s central bank conducts reverse repos Thursday
BEIJING, Aug. 8 (Xinhua) — China’s central bank conducted 7.1 billion yuan (about 993.6 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.7 percent Thursday. The move aims to …
China’s last boomtowns show rapid growth is still possible
Perhaps, as Yueqing demonstrates, the best way it can assist China’s firms is by doing less. For more expert analysis of the biggest stories in economics, finance and markets, sign up to …
China’s Big Banks Rush to Issue Debt to Plug $224 Billion Gap
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
Beijing Review: A Tapestry of Civilizations
BEIJING, Aug. 7, 2024 /PRNewswire/ — In March 2019, Chinese President Xi Jinping received the original French version of An Introduction to The Analects of Confucius, published in 1688, from his …
China, Saudi, UAE Agree To Roll Over Pak’s $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan’s $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout …
Beijing’s top man on Hong Kong says Xi Jinping’s letter ‘a call to action’ for business sector
In a rare move, Xi Jinping wrote a letter replying to Hong Kong business leaders who are descendants of pioneering Ningbo-born entrepreneurs in the city …
Banking on reform to secure economic growth
And China’s financial system needs to be reformed to facilitate the further deepening of reform comprehensively to advance Chinese modernization. The resolution issued by the third plenum has outlined five key areas for financial system…
Fears of slowing U.S. growth jolt markets around the world
Anxiety over a slowdown in the U.S. economy intensified Monday, with a retreat in markets that began last week snowballing into a global rout.
China stocks, yuan ease despite regional rebound; yields rise on bank selling
China stocks struggled to rise on Tuesday despite the rebound in regional markets as investors remain concerned about its lagging economic recovery.
Creditor China ‘closely monitors’ conditions in post-Hasina, debt-heavy Bangladesh
Beijing, one of Dhaka’s main lenders, says it hopes social stability will be restored in the South Asian country as soon as possible.
The Climate Reform Agenda: How China Enables and Undermines U.S. Leadership at the World Bank
U.S. reliance on multilateral institutions like the World Bank to support major foreign policy goals has trade-offs that can undermine success.