Small toy figures are seen in front of a Brexit logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic/Illustration …
FINANCE
World Bank, IMF Heads Allowed to Skip Quarantine for China Meetings
Heads of the World Bank, International Monetary Fund and other global organizations were allowed to skip quarantine and mingle with China’s premier and journalists at a summit this week, illustrating …
Shanghai boosts efforts to become global financial hub
Shanghai will further expedite efforts to advance financial opening-up at the institutional level to reinforce its role as a rising international financial hub, an official said on Friday. Efforts …
Won’t China ever recover from COVID?
Many countries have had to navigate the balancing act of keeping the economy alive versus protecting citizens from COVID in recent years.
Bank of China offers loans to ease Chinese developer’s liquidity
A security guard wearing a mask following the coronavirus disease (COVID-19) outbreak is seen near the Bank of China in Beijing, China, October 19, 2020. REUTERS/Tingshu Wang/File Photo …
China’s premier tells world’s trade, finance leaders that its ‘doors will be opened wider’
Li Keqiang vows to ‘facilitate international exchanges and people mobility’, at annual round-table gathering featuring face-to-face exchanges with heads of IMF, World Bank, WTO and others China’s …
China $108 Billion Bond Sale Expected to Refinance Old Debt
China will sell 750 billion yuan ($108 billion) worth of special sovereign bonds next week, in a move economists said was likely to be a rollover of existing debt rather than representing new stimulus …
China’s Xi tells Gulf nations to use Shanghai exchange for yuan energy deals
China’s President Xi Jinping said in Riyadh on Friday that China and Gulf nations should make full use of the Shanghai Petroleum and National Gas Exchange as a platform to carry out yuan settlement of…
China, HK stocks extend rally as Beijing eases COVID rules
China and Hong Kong stocks rose on Friday as investors continued to bet on companies that stand to gain from China’s COVID policy pivot, driving up consumer and healthcare stocks. Property shares …
Beijing issues 140M yuan in subsidies to support cultural enterprises
According to the Beijing State-owned Cultural Assets Administration Center, 85.66% of cultural enterprises currently face liquidity shortages due to the ongoing COVID-19 pandemic, and 62.89% of …
China’s Li Auto Sees Higher Deliveries in Q4; Third-Quarter Loss Widens
China’s Li Auto Inc on Friday forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management. The electric vehicle maker …
Take Five: the Grand 2022 Central Bank Finale
Investors will be fed a huge helping of year-end U.S. news when Tuesday’s release of November consumer inflation data is followed by the Federal Reserve’s last rate decision of 2022 on Wednesday.
Inflation In China Falls Below Two Percent In November
China’s consumer inflation slowed further in November as it fell below two percent for the first time since March, official data showed Friday, providing authorities room to unveil fresh measures to …
