The 12th Cultural Financial Innovation Conference, focusing on “Financial Empowerment for the High-Quality Development of the Cultural Industry,” convened on Friday at the Beijing Cultural Industry …
FINANCE
China’s outlook for its economy more optimistic than outsiders’
Leading Chinese planners voiced confidence last week in the outlook for the world’s second-largest economy, holding key interest rates steady amid signs of improvement in some areas such as services.
G-77+China Leaders Call For Financial Inclusion, Reject Coercive Economic Measures
The heads of state and government of the Group of 77 developing countries and China (G-77+China) have called for the urgent comprehensive reform of the
China’s big belt and road plans for Southeast Asia hit a 10-year speed bump as ‘political side effects’ mount
Though belt and road projects have brought economic benefits, fears are growing that the gains will prove to be ‘marginal’ amid growing debt risks Demand for infrastructure spending isn’t going away,
Henry Kissinger warns US-China decoupling would harm AI governance
It is essential that we learn from each other,’ says former US secretary of state, speaking to audience at Bund Summit He says Beijing and Washington should work together to regulate artificial intelligence,
US Treasury launches US-China economic, financial working groups
The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and financial issues aimed at providing a regular policy communications forum …
How People In China Afford Their Outrageously Expensive Homes
However, the people of China can afford to buy these extremely … a down payment on a home — which is the most important financial transaction that many Chinese will ever make.
How Beijing is using ‘fishing militia’ to assert its claims in the South China Sea
Fishing boats joined a coastguard vessel in latest confrontation with the Philippines near Second Thomas Shoal There is concern that China is blurring the lines between civilian and military forces to …
China and US set up finance, economic discussion channels after talks to ease trade tensions
The working groups were set up following talks between US Treasury chief Janet Yellen and Chinese vice-premier He Lifeng.
U.S., China establish economic dialogue framework to ease tensions
the United States and China have formed a new framework for regular economic dialogue, announced by the US Treasury Department on Friday. The two largest economies in the world have agreed to establish economic and…
China’s Central Bank Identifies 20 Systemically Important Lenders for Enhanced Supervision
The People’s Bank of China (PBOC), in collaboration with the National Financial Regulatory Administration, has released a list of 20 systemically important banks as part of its latest efforts to …
US, China agree to regular talks on economy
The U.S. on Friday announced the creation of two economic working groups with China as part of bilateral efforts to cool tensions between the two countries. The groups will be led by the Chinese …
China Markets Rebound, Alibaba’s First Spinoff Approaches, Week In Review
Asian equities were mixed as Mainland China and Hong Kong bucked the trend by outperforming while Japan, South Korea, and India underperformed.
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