It is advisable for China to make more policy efforts to raise productivity and rebalance the economy away from investment and toward consumption-driven growth, which will be more durable and helpful …
FINANCE
China opens ties with Honduras, Taiwan decries monetary demands
China said its foreign minister … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the …
IMF says risks to financial stability have increased, calls for vigilance
International Monetary Fund chief Kristalina Georgieva said on Sunday that risks to financial stability have increased and called for continued vigilance although actions by advanced economies have …
China seeks foreign investors with ‘long-term vision’, says senior economic official
Han Wenxui, a senior figure in the Central Financial and Economic Affairs Commission … and the country’s ageing population as two major threats to further development China is open to investment …
Central bank conducts reverse repos
The People’s Bank of China on Friday conducted 7 billion yuan ($1.02 billion) of seven-day reverse repos at an interest rate of 2 percent. The move is aimed at keeping liquidity reasonable and ample …
China rolls over $2bn loan as Pakistan races to meet IMF demand for external financing
China has approved a rollover of $2 billion State Administration of Foreign Exchange (SAFE) deposits for one year for cash-strapped Pakistan racing to secure assurance of external financing from …
China rolls over $2 billion loan to Pakistan
In a major development to secure a staff-level agreement with the International Monetary Fund (IMF), China has rolled over $2 billion, sources within the finance ministry said. For the revival of the …
China rolls over $2b in SAFE deposits
China has granted Pakistan a rollover of $2 billion in State … The rollover is not a loan but a financial deposit to be kept at Pakistan’s central bank. Finance ministry officials hoped that …
China to accelerate high-level opening-up, official says
[Photo/Xinhua] China will firmly push ahead high-level opening-up as part of its efforts to strengthen long-term development momentum, said Han Wenxiu, executive deputy director of the office of the …
Financial reforms by Beijing seek stability amid US pressures
Measures not only aim to boost China’s economic development, but also help spearhead effective resistance to Washington’s containment policies The leadership of the Chinese Communist Party has …
China debt: local financing vehicles scale back funding amid Beijing’s risk reduction drive
China’s new leadership team is scrambling to get on top of … with Beijing establishing a powerful new agency, the Central Finance Commission, to oversee the issue at the “two sessions”. The …
Saudi-Iran Deal: China Fills a Middle East Vacuum Left by the Biden Administration
China scored an unexpected diplomatic coup with the March 10 … would allow Tehran to pocket billions of dollars of sanctions relief that would be used to finance Iran’s escalating military and …
China regulator touts achievements in managing bank risks amid contagion fears
BEIJING, March 24 (Reuters) – China’s banking regulator said on Friday it had made remarkable progress in improving corporate governance and risk management in the banking sector, at a time when a …
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