China’s unexpected move to cut its stock trading tax is adding pressure on Hong Kong to follow suit, creating a dilemma for the city’s finance chief over the potential hit to government income.
FINANCE
RoJo Rips Biden’s China Policy All The Way To The Bank
Even while Ron Johnson rips on President Biden’s policy towards China, he has been raking in tens of millions of dollars from business ties to China.
Does China face a lost decade?
So is China going the way of Japan? Chinese enterprises have accumulated even more debt, relative to the size of the country’s gdp, than Japan’s did in its bubble era. China’s house prices have begun…
Sitharaman meets Chinese Finance Minister Liu Kun on sidelines of G20 Summit
Union Finance Minister Nirmala Sitharaman on Sunday met the Chinese Finance Minister Liu Kun on Day 2 of the G20 Summit in New Delhi.
US and Vietnam set to expand ties as China worries grow
US President Joe Biden arrives in Vietnam on Sunday to deepen cooperation between the two nations, in the face of China’s growing ambitions in the region. “With this visit of President Joe Biden, I …
UPDATE 1-China, Europe should ‘unite and co-operate’, Premier Li says at G20
Li urged the bloc to provide a non-discriminatory environment for Chinese firms, adding that China was willing to strengthen dialogue and co-operation in areas such clean energy and green finance, the …
China and EU should ‘unite and cooperate’, says Premier Li Qiang
Li urged the bloc to provide a non-discriminatory environment for Chinese firms, adding that Beijing was willing to strengthen dialogue and co-operation in areas such clean energy and green finance, …
Beijing Unveils Massive $40 Billion Fund To Boost Chipmaking
China unveils a $40 billion government-backed investment fund to enhance its semiconductor industry, intensifying the chip race with the U.S.
US security depends on a strong World Bank and IMF
To accomplish that goal, we need security alliances like NATO and economic institutions like the World Bank and the International Monetary Fund (IMF). Both are in need of additional funds if …
China’s Economy Might Be Down, But Don’t Expect Regime Collapse
Predicting the downfall of the CCP has been a longstanding pastime for some scholars. But Xi’s regime is stronger than that.
Joe Biden is now absolutely terrified of China – But why?
As the global power dynamics shift, Joe Biden seems increasingly uneasy about China’s growing economic clout. Delving deep into the geopolitical landscape, it’s clear that Biden is looking for a robust counter-strategy to China’s economic…
China questions why US should get first shot to chair G-20 again
Beijing asked that its displeasure be recorded, according to the people, who didnt know the reasons for Chinas objections. However, by the end of 2025 all members will have hosted at least one summit and…
Russia Seeks China, Saudi to Head Off New Financial Curbs
Russia is preparing a diplomatic offensive with countries it considers sympathetic, including China and Saudi Arabia, to fend off a push by Ukraine and its allies to further isolate Moscow from the …
