INCHEON, South Korea (Reuters) – South Korea’s finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more important as the global economy …
FINANCE
The Banking Crisis Might Not Be Over Yet
Chair Jerome Powell and the other rate setters could ease the banking crisis by reversing course and cutting interest rates. But that would increase the risk of a renewed outburst of inflation, which …
Tracking the impact of U.S.-China tensions on global financial institutions
NPR’s Steve Inskeep asks the president of a China-led development bank about the impact of the friction between the U.S. and China.
Eyeing China, Biden official floats a new ‘Washington consensus’
“The so-called ‘China shock’ that hit pockets of our domestic manufacturing … The new dispensation, argued the Financial Times’s Luce, is a “pessimistic” one where the United States “cannot make …
China’s crackdown on high-flying finance executives sends jitters across brokerage industry
Executives in the China’s top brokerages have taken massive pay cuts after the finance sector came under scrutiny from regulators The Communist Party’s top disciplinary watchdog warned that pay in the …
Asian Development Bank calls on countries to fight protectionism as US-China ties sour
Masatsugu Asakawa, president of the Manila-headquartered Asian Development Bank, said prolonged or intensified trade uncertainty between the world’s two biggest economies risked disrupting economic …
China’s economic rebound is wobbling. Here are its strengths and weaknesses.
China’s economy has entered a period in which cloudy COVID-related factors have dissipated enough to allow for clearer near-term forecasts. In theory, at least.
Why is Australia focusing on defence and a vague China ‘threat’ when relations are warming?
By basing its defence overhaul on a perceived threat, Canberra leaves too many questions hanging, including how this will deter or even contain China’s ambitions With Australia’s growth slowing and …
Economists say expanding China’s demand key to sustained economic recovery
Economic experts have weighed in on the recent Political Bureau of the Communist Party of China (CPC) Central Committee meeting on Friday, echoing the official stance of a need to expand China’s dom …
China factory activity contracts in April as recovery challenges loom
China’s manufacturing activity contracted in April, official figures showed on Sunday, due to tapering global demand and slow domestic recovery after Covid-related curbs were lifted.
Indo-Pacific region wants to sidestep U.S.-China spat: Asian Development Bank head
A senior economist whose organization oversees economic-development projects across Asia says Canada’s Indo-Pacific strategy could help the region’s huge infrastructure needs, but risks falling flat …
Paraguay’s Presidential Election to Spotlight China, Corruption: What to Watch
Paraguayan voters will head to the polls in general elections that will serve as fresh litmus test for both China’s growing influence in Latin America and an anti-incumbent wave sweeping the region.
China’s bond market issuances hit 7.27t yuan in March
Bond issuances in China totaled 7.27 trillion yuan ($1.05 trillion) in March, data from the central bank showed. Treasury bond issuances amounted to 806 billion yuan, while local government bond …