Ping An Insurance has teamed up with a start-up to use the technology to identify fraudulent behaviour Researchers say the technology has wider uses in the financial industry, for example by helping …
FINANCE
Opinion: Why Beijing is cheering on the U.S. debt ceiling fight
Continued brinksmanship and extremism over the debt ceiling is only serving to undercut a key element of U.S. strength.
Chinese financial industry is banking on quantum computing to help combat fraud
Ping An Insurance has teamed up with a start-up to use the technology to identify fraudulent behaviour Researchers say the technology has wider uses in the financial industry, for example by helping …
China’s green loans see rapid growth in 2022
China’s green finance continued to see rapid growth last year with outstanding green loans in yuan and foreign currencies up 38.5 percent year-on-year to 22.03 trillion yuan (US$3.27 trillion), a …
Sri Lanka IMF Deal Stalls Amid China-World Bank Relief Split
China said it wanted multilateral lenders to provide debt relief to Sri Lanka as part of a broader restructuring of loans, a demand at odds with other major creditors and likely to slow a pact…
Exclusive-China eyes help for shell-shocked consumers but big stimulus unlikely-sources
China’s policymakers plan to step up support for domestic demand this year but are likely to stop short of splashing out big on direct consumer subsidies, keeping their focus mainly on investment, …
Opinion: Will China help resolve lower-income countries’ debt crisis?
International pressure is piling on China to help resolve debt restructuring in countries such as Zambia or Sri Lanka. But to do so requires restructuring rules to evolve to reflect China’s importance …
Xi Jinping to Meet Secretary Blinken in Beijing Amid Low Expectations for U.S.-China Thaw
When Antony Blinken travels to Beijing on Sunday, he’ll be the first U.S. Secretary of State to do so since 2018 and the first cabinet member to visit China in the Biden administration. Still, given…
China’s banking sector bad loan ratio 1.71% at end of 2022
CHINA’S banking sector bad loan ratio stood at 1.71 per cent at the end of 2022, down 0.09 percentage point from a year earlier, the Shanghai Securities News said on Friday (Feb 3), citing the…
China confirms offer to Sri Lanka of debt moratorium
China has confirmed it is offering Sri Lanka a two-year moratorium on loan repayments as the Indian Ocean island nation struggles to restructure $51 billion in foreign debt that pushed it into a …
How do I find manufacturers in China? BANK ON DAVE replies
China is having some domestic issues at the moment … vehicle business based in Lancashire and rose to fame with his BAFTA-winning television series, Bank of Dave, which saw him battle the big banks.
U.S.-China rewarming trade is half-full of hot air
U.S. Secretary of State Antony Blinken will meet with China’s President Xi Jinping during a visit to Beijing next week, the Financial Times reported on the same day, citing people familiar with the …
Beijing Lobbies US Allies Amid Push to Contain China’s Chips
China is reaching out to US allies as Washington pushes through restrictions to stuffle the Asian heavyweight. Both Japan and the Netherlands have agreed to join the US in putting curves on China’s …