BEIJING, April 6 (Reuters) – China’s central bank will smoothly promote digital yuan trials and continue to explore applications for the digital currency, according to a statement it released on …
FINANCE
China still riding boost from reopening as foreign investors answer the call, add US$7.2 billion of equities in March
Inflows into China’s yuan-denominated equities in March stood at US$7.2 billion, up from a rise of US$3.3 billion in February, according to the Institute of International Finance (IIF).
French President Emmanuel Macron turns to China’s Xi Jinping to push for Russia-Ukraine peace talks
The Kremlin, however, rejected any idea of Chinese mediation on Thursday, saying it’s not the time for a political solution in Ukraine.
Former Brazilian President Named As Head of China-Based New Development Bank
The appointment reflects the close relationship between President Luiz Inácio Lula da Silva’s Workers’ Party and the government in Beijing.
UPDATE 1-Macron meets China’s Li as EU leaders begin Beijing talks
has said Europe must “de-risk” its relations with Beijing, as China had shifted from an era of reform and opening to one of security and control. Yahoo Finance …
Encircling China not viable long-term strategy: FT columnist
China is right about the U.S. being the force behind the “containment,” “encirclement,” and “suppression” of China but encircling Beijing is not a viable long-term strategy, according to Financial …
The US wants to elevate China to ‘developed country’ status; Beijing disagrees
The UN’s Finance Center for South-South Cooperation lists 78 countries … China wants to stay poor… on paper Beijing does have arguments for remaining in the developing countries group. “According …
China’s huge Asian investments fail to buy it soft power
One is that although China offers what look like easier financial terms and has a reputation for efficient execution, its projects are as prone as any to delays and problems. In this case, the first…
China’s central bank highlights currency, financial stability as key tasks
BEIJING, April 5 (Xinhua) — Maintaining currency and financial stability are two central tasks for the People’s Bank of China, said Yi Gang, governor of the bank. Completing these dual tasks is …
Poorer world and no real winners in China-US decoupling, IMF warns
Effects of strategy will fall hardest on China-aligned Southeast Asian economies … compared with the post-global financial crisis period measured from the first quarter of 2015 to the first three …
China Probes Ex-boss Of State-owned Banking Giant
The former head of Chinese state-owned banking giant Everbright Group is under investigation for “severe violations” of the law, authorities said Wednesday, deeping an official crackdown on the …
China’s banking crackdown picks up pace with probe into former Everbright chairman Li Xiaopeng
Chinese authorities have launched an investigation into the former chairman and party chief of state-owned China Everbright Group, the latest sign that the country’s crackdown on corruption in the …
China’s Banking Crackdown Picks Up Pace With Fresh Probe
Most Read from Bloomberg Warner Bros. Nears Deal for Harry Potter Online TV Series Toronto-Dominion Becomes Biggest Bank Short With $3.7 Billion on the Line China’s Yuan Replaces Dollar as Most Traded …
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