China’s economic response to current crises will have substantial global impacts. Amid domestic real estate challenges, debt pressures, and low foreign investment, companies are diversifying away from …
FINANCE
Govt’s reforms measures started yielding results: PM tells China EXIM Bank chief
The prime minister, talking to Chairman of China Export-Import Bank (EXIM) Dr. Wu Fulin here, highlighted his government’s reform agenda focused on …
PwC’s China woes: Merchants Group unit latest to jump ship as auditor comes under scrutiny
China Merchants Shekou Holdings, the property arm of the state-owned group, said it will hire KPMG, reversing its decision to appoint scandal-plagued PwC.
PwC Evergrande hit will ricochet around China Inc
China’s “teeth and thorns” are coming for PricewaterhouseCoopers. Those are the words President Xi Jinping has used to outline how he wants regulations enforced in the People’s Republic. That could …
China’s expanding travel curbs are cutting off more state workers from the rest of the world
Matthew, then a junior official in one of China’s most powerful finance ministries, treated himself and his bride to a two-week honeymoon at the resort destination of Maui, in the Hawaiian islands.
Saudi Arabia joins BIS- and China-led central bank digital currency project
Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less of the world’s oil trade being done in U.S. dollars. The move, …
China’s Historic Dump of $53 Billion US Treasuries is Unprecedented Blow to US Economy
Why did China take this drastic step, and what does it mean for the United States and the global economy?
China’s green finance: From ‘zero’ to ‘hero’
a leading expert said that China has grown its green loan and green bond markets into the world’s largest in a few years, representing a shift from “zero” to “hero.” Behind the rapid growth is…
China’s top market regulator Wu Qing to speak at Lujiazui forum as investors look for clues on CSRC policy support
Wu will speak on how ‘high-quality financial development drives global growth’ at the two-day event, which starts on June 19 in Shanghai Investors have high hopes for further policy support after …
Chinese who lost money in bank fraud detained for months after protest
The small-business owner from Changsha never returned. Ou, 39, and more than a dozen other victims of one of China’s biggest banking scandals had gathered outside a train station in Henan’s provincial …
11th Brand Influence Development Conference held in Beijing, with focus on three major areas driving the global economy
TianJin, China, June 04, 2024 (GLOBE NEWSWIRE) — On May 24-25, 2024, the highly anticipated 11th Brand Influence Development Conference was held at the National People’s Congress Convention Center in …
China Strengthens Dominance In Green Bond Market
China has taken the green bond market by storm since the broad bear market of 2022 and amplified its global lead in 2023, recent data from the Climate Bonds Initiative (CBI) shows.
Ramp up defences against Beijing’s takeover by stealth
The tenure of Taiwan’s newly elected leader, President Lai Ching-te, also known as William Lai, promises to be the most challenging four years in the island democracy’s history with potentially …
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