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 …
FINANCE
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 …
Dr. Copper Has a Lot to Say About China’s Economic Growth
Also, China will be implementing a policy to cut steel output by 2.5% this year from last year and this will mean less demand for iron ore. Copper has since retraced its rally as it…
We’ve had positive talks with China over $1.7bn debt – Finance Minister
Finance Minister, Ken Ofori-Atta says discussions with the Chinese government on the country’s debt restructuring programme have been positive. According to him, Ghana will soon secure external …
Finance Ministry Positive Over Ghana’s Debt Restructuring In China
Finance Minister Ken Ofori-Atta says his engagement with the Chinese authorities over international debt restructuring has been encouraging. According to the Minister, he has so far had very positive …
China to further deepen global economic, financial ties
Photo/Xinhua] China will advance high-level opening-up of its financial sector as always and further deepen international economic and financial cooperation, a top financial regulatory official said.
Ghana’s finance ministry: expects financing assurances ‘very soon’ amid China visit
REUTERS/Cooper Inveen BEIJING/ACCRA, March 24 (Reuters) – Ghana’s finance ministry said on Friday after meetings it held in China that it expected to secure financing assurances “very soon”. Ghana …
CGTN: How China continues optimizing its COVID-19 response amid other outbreaks
BEIJING, March 24, 2023 /CNW/ — China has entered a new phase of epidemic prevention and control after it downgraded the management of COVID-19 response into Class B infectious diseases. “The overall …