China has agreed to reschedule over $2 billion publicly guaranteed debt of Pakistan for a period of two years, providing a major relief to the government that is in the process of rebuilding foreign …
FINANCE
Former vice-president of China Development Bank under probe
BEIJING — Wang Yongsheng, a former vice-president of China Development Bank, is under disciplinary and supervisory investigation, according to an official statement released Thursday.
Once China’s top securities regulator, disgraced official is now an adviser to its central bank
The 61-year-old’s new job was first reported by Guangdong-based financial publication China Fund News on July 8. Do you have questions about the biggest topics and trends from around the world? Get …
China to unveil more measures to revive private economy: officials
BEIJING, July 20 (Xinhua) — Chinese officials on Thursday pledged greater efforts to revive the private economy, with more measures to be unveiled soon. Their remarks came after the Communist Party …
China’s digital yuan hits $250 billion milestone
China’s central bank digital currency has passed $250 billion in transactions within one-and-a-half years of its launch. Yi Gang, the governor of the People’s Bank of China, revealed the milestone at …
Will China’s private firms fly higher, freer under new action plan as Beijing calls for ‘fresh troops’?
China has more than 47 million registered private firms, a vast majority of which are small players, and more than 100 million self-employed businesses Beijing unveiled its comprehensive new 31-point …
US Ambassador to China hacked in China-linked spying operation- WSJ
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 …
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 …
