Experts told Express.co.uk that unable to sell their gas to Europe, Russia will be forced to export their gas at a low price to China.
FINANCE
China issues local govt bonds worth over 390b yuan in August
Of the total, the country issued general bonds worth 176 billion yuan as well as 214.9 billion yuan of special bonds in the period, the Ministry of Finance said in a statement. The bonds had…
China announces latest easing of foreign investment rules
The importance of the latest measures for China’s domestic market and in showing the country’s open stance should not be underestimated, according to Zhao Xijun, a Renmin University finance professor …
Financier claims to be victim of ‘dirty tricks’ by China due to supporting democracy
A British-based multi-millionaire businessman claims to have been targeted with a “dirty tricks” campaign of smears, cyber attacks and harassment orchestrated by China because of his support for …
US must stop obsessing over fake ‘China threat’ narrative and focus on global economic dangers
The US needs to work towards preventing financial Armageddon and realise that China is not seeking to become a global hegemon Washington should come to terms with a new, multipolar and …
China issues $850.2 bln in local govt bonds in Jan-Aug to boost national economy
Photo: cnsphoto China issued a total of 390.9 billion yuan ($54.93 billion) worth of local government bonds in August, with the total amount from January to August in 2022 reaching 6.05 trillion yuan …
China’s central bank injects liquidity into market in September
(Xinhua/Cai Yang) Load Error BEIJING, Oct. 8 (Xinhua) — China’s central bank in September pumped cash into the money market to meet liquidity demand from financial institutions. A total of 400 …
‘Like a Younger Brother to Xi Jinping’: This Man Could be China’s Next Economic Czar
He Lifeng was close to Xi Jinping from a very early period and even played basketball with him and now will steer China’s economic policy …
Ex-China Merchants Bank President Expelled From Communist Party
Chinese authorities have expelled Tian Huiyu, former president of China Merchants Bank Co., from the Communist Party, amid an accelerating corruption crackdown on the nation’s sprawling financial …
Former president of China Merchants Bank expelled from Party for violations of discipline, laws
Tian Huiyu, a former president of China Merchants Bank, has been expelled from the Communist Party of China (CPC) and dismissed from public office over serious violations of Party discipline and laws, …
Former president of China Merchants Bank expelled from CPC, public office
Tian Huiyu, former president of China Merchants Bank, has been expelled from the Communist Party of China (CPC) and dismissed from public office over serious violations of Party discipline and laws, …
China’s net external financial assets stand at 2.0816 trln USD
China’s external financial assets stood at 9.1563 trillion U.S. dollars at the end of June and the external financial liabilities reached 7.0746 trillion U.S. dollars, resulting in over 2.0816 …
China EximBank increases inclusive loans
The balance of on-lending loans for smaller banks issued by the Export-Import Bank of China (China EximBank) hit 140 billion yuan (about 19.72 billion U.S. dollars) at the end of August, data shows.
