CHINA HAS demanded a “united front” with Russia in opposition to Western sanctions imposed on Moscow and Beijing.
FINANCE
China Plans Three Moon-Mining Missions After Finding a Potential New Source of Energy
The Chinese discovery of a phosphate mineral in columnar crystal has the nation clamoring for more Moon material.
China’s ponzi-like property market is eroding faith in the state
The train ride through China’s heartland helps to explain one of the country’s biggest crises in recent memory: the public’s loss of confidence in the government’s economic model. For decades the …
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency?
It’s also the third-largest trading nation in the world — behind only the U.S. and E.U. However, China’s currency — the renminbi — only accounts for 3 per cent of global trade. Compare that to…
China’s New Space Station Has a Big Role to Play—Scientifically and Diplomatically
The Tiangong orbiting laboratory will fill a void the International Space Station will leave—both scientifically and diplomatically …
Can Russia’s payment alliance with China get around banking sanctions?
VTB, one of the largest state-run financial institutions in Russia, is allowing transfers in yuan without using the SWIFT messaging system. However, building scale without access to Western markets …
Report: Newly aggressive China flaunts its 21st century diplomatic offensive
As the United States and China joust over high-risk disputes including Taiwan and Hong Kong, researchers at Harvard Kennedy School have stepped back to assess how the U.S.-China diplomatic rivalry has …
China’s Central Bank calls for wider usage of digital yuan to facilitate interconnectivity
The People’s Bank of China issued a demand for further efforts between the digital yuan system and conventional e-payments.
China’s economy is facing ‘multiple binding constraints,’ economist says
Phyllis Papadavid of Asia House says she expects the economy will face a continued slowdown through the third and fourth quarters.
China wants unified QR code systems for digital yuan, central bank official says
China’s central bank is pushing for interconnectivity between its digital yuan and other traditional digital electronic payment tools through universal QR code payments, as the country expands the …
Sustainable finance: Why China is tapping into foreign banks’ expertise to aid decarbonisation push
Beijing is for the first time allowing foreign banks to access a central government facility for green finance The move will help Chinese companies tap into overseas funds that are contingent on …
China’s bank lending sees slow recovery on cautious households
China’s credit growth recovered in August from a record low after the central bank cut rates and pushed banks to lend more, although still anaemic household borrowing and the return of shadow banking …
Modernizing The IDB To Compete With China’s Debt Diplomacy
Governments have only two solutions: a revitalized Inter-American Development Bank that leverages private investment or accepting China’s debt trap diplomacy.
ADVERTISEMENT
