A few months ago the China Select Committee in America’s House of Representatives took part in a war game, complete with tabletop maps and blue and red counters. It simulated a Chinese invasion of …
FINANCE
Antony Blinken says he told Beijing officials that US does not seek to ‘contain’ China
The perception that the US intends to “contain” China “economically and globally” was a “lengthy part of the discussions” when US Secretary of State Antony Blinken met this month with his Chinese …
Factbox: Policy measures China’s central bank could use to stem yuan weakness
China has ramped up its effort to slow the depreciation of the yuan against the dollar this week and market participants widely believe that the People’s Bank of China (PBOC) may follow up with more…
Most markets rise as traders weigh central bank rate plans
BEIJING – Most markets rose in Asia on Thursday, building on the previous day’s advances, even after central bank chiefs warned that interest rates would rise further to counter persistent inflation.
China’s yuan eases despite firmer-than-expected guidance fix
China’s yuan eased against the dollar on Thursday, despite the central bank setting the daily midpoint fixing stronger than expected, in what investors interpreted as an official attempt to rein in …
China’s Arsenal of FX Support Is Ready as Yuan Pessimism Lingers
China may need to dig deeper into its policy kit to arrest a slide in the yuan, if it is serious about quashing pessimism toward the managed currency.
China Resumes Yuan Support With Stronger-Than-Expected Fixing
China stepped in to support the yuan for a third time this week, once again signaling a limit to its tolerance for weakness in the currency.
Root’s Expensive Lesson, China Blocks Financial Analyst, More (Future of Finance | Week in Review)
A weekly five-point roundup of critical events in fintech, the future of finance and the next wave of banking industry transformation.
U.S.-China chips, ‘Bidenomics’ speech, Powell’s hike outlook: Top stories
U.S. officials consider tightening chip export restrictions on China. President Biden delivers a speech on economic goals in Chicago. Fed Chair Jerome Powell comments on the likelihood of consecutive …
Bloomberg roadshow in London explores latest developments in Chinese financial markets
Expanding Horizons” roadshow discussed the latest developments in the opening-up of China’s financial markets, as well as the most recent investment trends in China.
China’s foreign ministry, customs, central bank among top agencies in audit net over 1 billion yuan ‘misconduct’
Exorbitant pay hikes, unauthorised investments and failure to hand in profits among deviations spotted by National Audit Office Report follows study of 228.6 billion yuan in budget allocations to 41 …
China Needs Stimulus and Clearer Rules, Former IMF Official Says
China needs to keep cutting rates, roll out more stimulus and clarify the role it wants the private sector to play in the economy to restore confidence and help growth, a former International Monetary …
Beautiful Rally, AI Chips to China, Bank Stress Tests, Fed, Defense Stocks
The U.S. is considering new restrictions on exports of AI capable chips to China, negatively affecting Nvidia and AMD.