Some of China’s major state banks are offering local government financing vehicles (LGFVs) loans with ultra-long maturities of 25 years, Bloomberg reported on Tuesday, a move to avert credit crunch …
FINANCE
China Needs to Boost Government Borrowing, Policy Adviser Says
China can avoid a “balance sheet recession” if authorities take decisive actions to boost government borrowing and spending to stimulate the weakening economic recovery, a state think tank researcher …
Billionaires and bureaucrats mobilize China for AI race with U.S.
China’s tech sector has a new obsession: competing with U.S. titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.
US Treasury Secretary Janet Yellen Is Making a Long-Awaited trip to China This Week
Yellen will visit China from July 6-9, becoming the second U.S. Cabinet-level official to visit Beijing within a month.
From GDP to the yuan and Janet Yellen: 4 things to look out for in China’s economy in July
China will release its second-quarter gross domestic product data in mid-July, while US Treasury Secretary Janet Yellen will visit and attention this month will also be on the yuan exchange rate and …
Yellen to make long-awaited trip to China this week following Biden ‘dictator’ Xi comment
Treasury Secretary Janet Yellen will travel to Beijing later this week in an attempt to improve communication and economic relations with China.
US Treasury chief Yellen to visit China
STORY: The U.S. is sending its second top official to China in a matter of weeks, with Treasury Secretary Janet Yellen travelling to Beijing on Thursday. A senior Treasury official said Sunday that …
EU Official Sees ‘Contradiction’ Between China’s Climate Goals, Coal Plants
A top EU climate official said Monday there is a “contradiction” between China’s ambitious goals to combat global warming and its continued building of coal-fired power plants.
China to stay out of official creditors’ platform, but Sri Lanka ‘very confident’ of bilateral support
China “will not join” the official creditors’ platform negotiating a common debt treatment plan with Sri Lanka, but Colombo is “very confident” of Beijing’s bilateral support to the island’s economic …
Yellen to visit Beijing, ease China-US tensions
Biden’s bid to mend China-US ties after months of build-upALBAWABA – United States (US) Treasury Secretary Janet Yellen is slated to visit China, 6th through 9th of July, in a bid to mend China-US …
Treasury Secretary Yellen set to travel to Beijing to help ease U.S.-China relations
Yellen, who has called the notion of an economic decoupling from China “disastrous,” has frequently said in the past year that she would like to visit China.
Chayora Unveils New Beijing Office as it Continues to Invest and Expand its Presence in China
Chayora Limited, a leading developer and operator of hyperscale data center campuses in China, reinforces its market commitment with the opening of a new Beijing office to further support its …
Breakthrough in restructuring debts with China: Finance Secretary to visit Beijing soon
In what appeared to be a breakthrough in the restructuring of external debts, China has pledged to fully cooperate in the process, and Finance Ministry Secretary Mahinda Siriwardane will travel to …
