REUTERS/Tingshu Wang BOAO, China, March 31 (Reuters) – China will beef up its regulatory oversight of the digital economy, as new technologies, especially new forms of finance, should not be blindly …
FINANCE
Accidents on Chinese projects are rampant, but why does Indonesia’s economy still depend on China?
In 2022, China’s investment in Indonesia – Southeast Asia’s … The fact that the government has insisted on using the state budget to finance the the high-speed train project, despite initial …
China’s banking troubles are not the same as Silicon Valley Bank, economist says
New rules released this month give the party a more direct role in regulating China’s financial industry. Zhu said he expects this overhaul to streamline financial oversight, and warned of a period of …
China’s Green Debt Pioneer Says Transition Market Is Even Bigger
A new kind of environmentally focused investment — known as transition finance — is poised for a boom in China that will dwarf its 25 trillion yuan ($3.6 trillion) green debt market. That’s the …
Widening US-China Rate Gap Set to Weigh on Yuan’s Resilience
The spread between three-month yuan Shibor, an indicator of Chinese bank wholesale borrowing costs, and the dollar Libor equivalent has expanded to the widest since November after shrinking late last …
UPDATE 2-Pakistan awaits China’s decision on rollover of $2 bln loan -govt source
KARACHI, Pakistan, March 30 (Reuters) – China is working on a request from cash-strapped Pakistan to roll over a $2-billion loan that matured last week, a top finance ministry official told Reuters, …
China’s Financial Diplomacy Is Still Minor League
The IMF’s power isn’t untrammeled, and China has boosted its international lending considerably. Credit is a major prong in the long campaign to establish a meaningful role in global finance to …
FTX’s Bankman-Fried pleads not guilty to campaign finance, China bribery charges
Indicted FTX cryptocurrency exchange founder Sam Bankman-Fried pleaded not guilty on Thursday to new U.S. charges of conspiring to violate campaign finance laws and bribe Chinese authorities.
China calls US debt trap accusation ‘irresponsible’
China has lent hundreds of billions of dollars to build infrastructure in developing countries, but lending has tailed off since 2016 as many projects have failed to pay the expected financial …
The U.S. Can Steal China’s Climate Leadership Crown
called China a “major polluter” that could no longer expect a “free pass” on contributing to climate finance. For decades, China was a leader in international climate negotiations. But that changed at …
China And Brazil Reach Deal To Ditch U.S. Dollar And Trade In Their Own Currencies
China, the prime opponent to US economic power, and Brazil, which currently has the largest economy in Latin America, will be able to carry out their immense economic and financial dealings without …
World stocks rise as bank fears ease; China economy improves
Stocks are rising again as a bit more fear evaporates from Wall Street. The S&P 500 was up 0.7% early Thursday. The benchmark index is on pace for its fifth gain in the last six…
China’s Big Five banks post healthy results, warn of shaky recovery
China’s Big Five lenders posted above 3.5% annual net profit growth this week, but warned that the foundations of the country’s recovery were “not yet solid”.