China is expected to drop its demand for multilateral development banks to share losses alongside other creditors in sovereign debt restructurings for poor countries, breaking a major roadblock to …
FINANCE
The ‘rift is there’: China vs. the world on global debt
As more countries start to default on their debt, China is refusing to forgive its loans — creating new tension with the U.S. and its allies.
The fight over China’s lending opens a new global fracture
That’s creating new tensions with the U.S. and its Western allies that will be on display as top finance officials gather this week in Washington for the spring meetings of the IMF and World Bank.…
China’s banking regulators are caught between Beijing and its regions
In March, Beijing announced a shake-up of China’s financial and … s central bank has a toolbox in place to counter predictable risks. But as Switzerland’s finance minister Karin Keller-Sutter has …
China in the IMF crossfire: Face-off between US and Beijing brings lending programmes to a crashing halt, writes ALEX BRUMMER
This week’s spring jamboree for finance ministers and central bankers from across … Instead, the blockage is blamed on Beijing. Wealthier nations welcomed China into the advanced nations club. It …
China’s shadow banking sector poses ‘rising risks of a financial crisis’: report
“One of the strangest responses, with hindsight, to the global financial crisis — which was caused in some sense by shadow finance in the U.S. and Europe — was the creation of a shadow financial…
Debt, rates and U.S.-China risks in focus as IMF meets this week
Investors are turning their focus to the world’s top finance ministers and central bankers assembling this week in Washington, D.C., looking for fresh clues on the outlook for everything from interest …
China Paid Trump Millions In Rent. Then He Left The White House
The state-owned Industrial and Commercial Bank of China extended its Trump Tower lease while Trump was president, even though it had recently rented a bigger space nearby. The bank vacated around the …
Why Zambia’s debt restructuring is a critical test for China
The G20’s Common Framework was supposed to make resolving sovereign defaults more doable — but so far, it’s been a dud.
China AI Stocks Sink on Call for Beijing to Rein In Bubble Risk
Chinese shares related to artificial intelligence tumbled after a state media outlet urged authorities to step up supervision of potential speculation. Most Read from BloombergSaudi Arabia’s Drive to …
FirstFT: Xi’s anti-corruption push hits China’s financial sector
Also in today’s newsletter, Wall Street struggles with new investment research rules and cracks in European commercial property …
President Xi Jinping Is Now Going For A Crackdown Against China’s Financial Sector
China’s financial sector is experiencing multiple investigations into corruption and an unexpected increase in audits of venture funds. President Xi Jinping is emphasising a reform of the industry to …
China’s new world order is taking shape
We know about its vast economic ambitions, including the Belt and Road Initiative that has seen China finance and invest in major infrastructure projects around the world. But in recent weeks, Xi has …
