The Biden White House must tell us how it plans to hold back China from dominating Asia over the long term, not give some sort of triage plan.
FINANCE
One of China’s Most Famous Hedge Funds Is Springing Back to Life
A sudden rise in the volatility of funds run by one of China’s best-known money managers suggests the firm may be rebuilding positions in the stock market after liquidating nearly all its holdings …
Policies help to finance water conservation
China will introduce a series of preferential policies to ensure that the country’s total investment into water conservancy development reaches at least 800 billion yuan ($119 billion) this year, said …
How Global Trade, China, ETFs, and Derivatives Exploded Over 30 Years
As coronavirus deaths climb, a war rages in Ukraine, and stock markets tumble, investors may find it helpful to take a longer-term view. In the three decades since we published our first issue of …
Here’s why customers at a handful of tiny banks in central China are up in arms
Angry victims of a multi-million dollar banking scam in China are accusing the government of manipulating health codes to restrict their movement, raising concerns of abuse of power and technology.
One-time Defense Budget Increase Won’t Be Sufficient to Deter China
Following the West’s 2014 sanctions against Russia for its annexation of Crimea, China developed alternatives to the SWIFT financial system, enabling transactions with Russia outside of prying Western …
China’s central bank accepts Ant’s application for financial holding company: Sources
The Chinese central bank has accepted Ant Group’s application to set up a financial holding company, three people with knowledge of the matter said, …
China beefs up anti-corruption work in financial units
The Political Bureau of the Communist Part of China Central Committee held a meeting on Friday to review a report on the rectification and improvement of financial units in the 8th round of …
China must ‘optimise’ zero-Covid policy or firms will be ‘unwilling to invest’, says ex-finance minister
China needs to fine-tune its zero-Covid rules to restore investors’ confidence and revive economic growth, says outspoken former finance minister Lou Jiwei, in a rare public warning from a political …
China finance ministry to auction 60 bln yuan 2-year bonds on June 24
China’s Ministry of Finance said on Friday that it would auction 60 billion yuan ($9.0 billion) in 2-year bonds on JUNE 24. After the auction, the bon …
China Accepts Ant’s Financial Holding Bid, Reuters Says
China’s central bank has agreed to accept Ant Group Co.’s application to set up a financial holding company, Reuters reported, clearing a path for the fintech giant to potentially revive its listing …
China’s digital yuan extends usage into finance scenarios
China’s digital yuan can now be used in to buy wealth management products, pay for insurance policies, and extend bank loans, as the central bank further expands e-CNY’s application beyond retail …
China likely to keep lending benchmark LPR unchanged amid global central bank tightening
About 90% of traders and analysts in a Reuters survey expected China to keep benchmark interest rates unchanged at its monthly fixing on Monday, as global cen …