Ahead of Prime Minister Shehbaz Sharif’s visit to China from June 4, hopes are high in Islamabad that the flagging multibillion-dollar China-Pakistan Economic Corridor (CPEC) will be revived. This is …
FINANCE
Russia-China gas deal ran aground over Beijing’s tough demands, FT reports
Talks between Russia and China on a key gas pipeline deal have reached a dead end as Beijing seeks to exhort tough conditions on price and supply levels, the Financial Times (FT) reported on June…
Beijing returns fire against Washington and Brussels
The Chinese Chamber of Commerce in the EU recently passed on what was fairly clearly an officially sanctioned threat of retaliation to the FSR on wine and dairy. Sam Lowe of Most Favoured Nation fame,…
Beijing accuses MI6 of recruiting Chinese government employees to carry out espionage
Beijing used similar language to condemn the allegations involving … World News // 21 hours ago Nearly 9,000 Palestinians have been arrested in West Bank June 2 (UPI) — As Israel continues to seek …
China’s commercial banks see stable credit asset quality
At the end of the first quarter, the total domestic and foreign currency assets of China’s banking financial institutions stood at 429.6 trillion yuan, an increase of 8.1 percent year-on-year, the …
China’s $889M Auto Trade-in Subsidies for 2024
China’s finance ministry has allocated 6.44 billion yuan ($889.02 million) for auto trade-in subsidies in 2024. This significant amount aims to incentivize scrapping old cars for new ones, boosting …
Are the days of cheap finance for Chinese solar over?
The Chinese PV industry has benefited from the availability of substantial finance over the past two decades, supporting the development of the renewable, zero-carbon capability essential for meeting …
Zelensky Says China Is Helping Russia Undermine a Peace Summit on Ukraine
SINGAPORE—Ukrainian President Volodymyr Zelensky accused China of pressuring countries to boycott a peace conference he’s promoting in Switzerland later this month and warned that Beijing’s support …
Hong Kong finance chief Paul Chan calls for more ‘open interactions’ and tech collaboration between China, US bay areas
Hong Kong finance chief sums up four-day trip to the United States in weekly blog ‘Pragmatic topics’ such as carbon markets, sustainable finance and talent development are good starting points for …
Economist Stephen Roach, who thinks China has a gloomy economic future, says Biden is pushing the two countries into a ‘forever’ trade war
The escalating U.S.-China trade war could become a “forever war” that ultimately drags on with no clear end in sight, according to Stephen Roach, who is an expert on the Chinese economy. The former …
US says it could act against China firms, banks over Russian war support
The United States and other nations could take steps against Chinese firms and financial institutions over Beijing’s backing for the Russian war against Ukraine, a top U.S. official said on Friday. Th …
China’s top executives suffer first average pay cut in 2 decades as sluggish economy weighs on listed firms
Average annual salary of executives at Chinese listed companies last year fell by 3.27 per cent, mirroring broader patterns of stagnating or falling wages amid the sluggish economic recovery.
China Asks Bond Underwriters to Check for Local Debt Risks
A Chinese market watchdog asked some financial firms this week to review any bond underwriting that may have gone against government plans to defuse local debt risks, according to a notice seen by …
ADVERTISEMENT
