China will be the elephant in the room at this week’s meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country — but also try to…
FINANCE
China’s Digital Yuan Remains A Curiosity
China’s Central Bank Digital Currency launched with significant fanfare, but the future remains anything but clear as circulation and usage lag.
China exports increase in April
Chinese exports grew 8.5% in April, customs data showed Tuesday, displaying unexpected strength despite weakening global demand.
We remain constructive on China in the medium term, says Deutsche Bank
Stefanie Holtze-Jen of the investment bank says China’s travel recovery is coming from more than just pent-up demand from the pandemic.
China State-Linked Stock Rally Sputters Further on Profit Taking
A scorching stock rally in China’s state-linked companies lost further momentum Wednesday, as investors cashed in on the robust gains recorded by financial behemoths and infrastructure builders.
Sudan conflict delivers fresh blow to China’s African lending strategy
Sudan’s outstanding debts to China stood at $5.12bn in early 2022 … to worsen over 2023 and limit the ability of many African nations to raise the necessary finance both to deliver broader social …
China’s Shift Away From Big Four Auditors Has EY Most Exposed
Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue.
Debt-Restructuring Firm Houlihan Bets on More Distress in China
Houlihan Lokey Inc., a US financial services firm that has featured in some of China’s high-profile offshore restructurings, is betting on the country’s $4.7 trillion onshore credit market as a new …
Just how good can China get at generative AI?
If generative AI proves as transformational as its boosters claim, the technology could give those who wield them an economic and military edge in the 21st century’s chief geopolitical contest.
China’s raids on foreign firms hurt its own interests
Recent raids by Chinese security forces on US consultancies in China strike right at the heart of the west’s ties with the world’s second-largest economy. Such consultancies provide essential market …
How China makes economic plans: key moments explained
The meeting in Beijing, headed by President Xi Jinping, was a review of China’s first-quarter economic performance and set the tone for how the Communist Party will respond. On this occasion, the key …
China Orders Canadian Diplomat to Leave in Tit-for-Tat Move
China has ordered a Canadian diplomat to leave the country, in a tit-for-tat move hours after Prime Minister Justin Trudeau’s government expelled a Chinese envoy from his nation.
China Is a Loan Shark With No Legs Left to Break
Report: China Is a Loan Shark With No Legs Left to Break Create an FP account to save articles to read later and in the FP mobile app. Sign Up ALREADY AN FP SUBSCRIBER? LOGIN…
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