Hackers linked to Beijing accessed the email account of the U.S. ambassador to China, Nicholas Burns, in an attack that is believed to have compromised at least hundreds of thousands of individual U.S …
FINANCE
Bank of America cuts China’s 2023 growth forecast to 5.1%
BofA Global Research on Thursday cut China’s economic growth forecast for this year to 5.1% on a disappointing second-quarter gross domestic product (GDP) growth and potential delay in forceful policy …
People’s Bank of China reveals impressive digital yuan numbers: $250 billion and counting
China’s digital yuan has made impressive strides since its experimental debut 1.5 years ago, with transactions totaling approximately $250 billion, according to the People’s Bank of China governor Yi …
Stocks shuffle sideways, China drips support as property crisis reignites
World share markets shuffled sideways on Thursday as investors looked ahead to a clutch of key central bank meetings, saw Chinese property teeter again and disappointing earnings from Netflix and …
China – Analysis Of Hot Controversial Issues Related To China’s Insurance Brokers.
China – Analysis Of Hot Controversial Issues Related To China’s Insurance Brokers. Legal News and Analysis – China – Dispute Resolution, Insurance & Reinsurance – …
China inaugurates National Financial Regulatory Administration branches
BEIJING — China on Thursday inaugurated a raft of National Financial Regulatory Administration branches. A total of 31 provincial regulatory bureaus, five municipal bureaus with independent planning …
China is proving to be a vital outlet for oil and coal exports for Putin’s Russia as western buyers shun shipments
China’s imports of key energy commodities from Russia surged to all-time highs last month, highlighting the growing interdependence of the two nations as the war in Ukraine drags on well into its …
China’s central bank facilitates cross-border financing by enterprises in a bid to strengthen the yuan
The macro-prudent parameter, a multiplier that decides the upper limit of outstanding cross-border financing an institution can have, will be set at 1.5 starting on Thursday, up from 1.25 previously, …
John Kerry’s attempt to partner with China on climate change is a fool’s errand
There is a belief among some in Washington that the United States can deter communist China from invading Taiwan, hold the Chinese Communist Party accountable for human rights abuses, and protect its …
China’s Tax Haul Swells 16.5% in First Half, Far Outstripping Pace of Economic Growth
During the first half, China’s general public budget expenditure advanced 3.9 percent year on year to CNY13.3 trillion (USD1.8 trillion). The majority of this went on supporting people’s basic …
Douyin Denies China’s TikTok Has Applied for Fund Sales License, Report Says
(Yicai Global) July 19 — ByteDance’s Douyin, the Chinese version of TikTok, denied that it has applied for a license to sell funds or carried out tests with fund companies, Shanghai Securities News …
China Doubles Size of August’s Sovereign Yuan Bond Issuance in Hong Kong to USD1.7 Billion
(Yicai Global) July 20 — China’s Ministry of Finance is doubling the size of its second bond issuance this year in the Hong Kong Special Administrative Region, which is due to be released next month,…
China’s digital yuan nears $250B transaction volume: Central bank governor
China’s CBDC, the digital yuan (e-CNY), has processed nearly $250 billion worth of transactions according to the country’s central bank governor Yi Gang, a more than a 70% increase from August last …
