Foreign ministers from around the world meet in New Delhi this week in the shadow of Russia’s war in Ukraine and spiralling U.S.-China tensions, with host India hoping that issues like climate change …
FINANCE
China’s Growing Local Debt Means Less Money to Support Economy
When China’s leaders gather in Beijing for the annual parliament … That’s the threshold set by the Ministry of Finance to indicate disproportionately high debt risks.
US must push China to be honest about COVID origins, US envoy says
U.S. Ambassador to China Nicholas Burns attends the World Peace Forum at Tsinghua University in Beijing, China July 4, 2022. REUTERS/Yew Lun Tian …
China unleashes massive coal power expansion despite John Kerry’s climate pleas
Kerry added that the human and financial costs “will be catastrophic” if nations don’t put aside differences and address climate change. And while China has pushed forward with fossil fuel power …
China Renaissance Confirms Missing Financier Is Part of Investigation
Top tech financier Bao Fan has been missing for over 10 days, with the company he founded confirming he’s been detained for questioning.
China Won’t Be Happy As Race To 150 Yen Resumes
Bank of Japan Governor nominee Kazuo Ueda signaled he may keep Tokyo’s printing presses on the “high” setting indefinitely. This could signal that the Japanese currency may resume its test of the 150 …
Beijing’s China Renaissance said missing chairman assisting PRC authorities
Bao Fan was first reported missing on 16 February. China Renaissance, a Beijing-headquartered boutique bank, said that its missing chairman Bao Fan is cooperating in an investigation being carried out …
China banking tycoon Bao Fan ‘cooperating with investigation’
Chinese billionaire Bao Fan is “cooperating in an investigation” by authorities, his company said, almost two weeks after his disappearance sparked fears of a renewed crackdown on the nation’s …
China Renaissance says its missing founder Bao Fan is cooperating with a government probe
Missing Chinese investment banker Bao Fan is cooperating with a government investigation, his firm China Renaissance said in a filing Sunday.
Chinese bank says missing chairman is cooperating with Chinese authorities in an investigation
China Renaissance Holdings said in an exchange filing on Sunday that its missing chairman and star dealmaker Bao Fan was currently cooperating with relevant Chinese authorities conducting an …
Chinese banking sector assets up in 2022
Local and foreign currency assets of these institutions totaled 379.4 trillion yuan (about 55.03 trillion U.S. dollars) at the end of last year, up 10 percent year on year, according to the China …
No G20 joint statement as China refuses to condemn Russia’s war in Ukraine
G20 finance ministers on Saturday failed to adopt a joint closing statement at talks in India, after China sought to soften references to Russia and the war in Ukraine.
G20 finance meet ends without joint statement after China, Russia oppose ‘war’ word referring Ukraine crisis
The Summary stated that the G20 nations ‘reiterated’ their national positions on the Ukraine war but after Russia and China opposed the texts, the paragraph was removed.
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