The World Economic Forum in China, which alternates between Tianjin and the city of Dalian, was paused for years during the pandemic. Its relaunch in 2023 was marked by a notable drop in US attendees…
FINANCE
Financial measures to support consumption
China is expected to enhance the multi-tier financial services system to support consumption, by better coordinating financial resources and guiding financial institutions to enhance services from …
AIIB hailed as pioneer in intl financial governance
The AIIB, proposed by President Xi Jinping in late 2013, started operations in January 2016 and its Board of Governors held its first annual meeting in June that year. The bank is designed to develop…
China urges AIIB to step up cross-border development funding
BEIJING (Reuters) — China’s finance minister on Wednesday urged the Asian Infrastructure Investment Bank (AIIB) to expand funding for cross-border connectivity projects in developing nations, citing …
Premier Li Qiang says China’s economy a ‘source of certainty’ amid global risks
Chinese premier says Beijing will play bigger role in global development and calls on Asian infrastructure bank to address challenges.
Li hails China-led development bank achievements ahead of 10th anniv.
Chinese Premier Li Qiang on Thursday hailed the achievements of the China-led Asian Infrastructure Investment Bank ahead of its 10th anniversary next January, saying the bank has “established a new …
China urges Beijing-backed development bank to focus more on Belt and Road Initiative
Chinese Premier Li Qiang called on the Asian Infrastructure Investment Bank to increase its support for Beijing’s Belt and Road Initiative.
China Market Update: Six Agencies Announce “Financial Support To Boost & Expand Consumption”
Asian equities cheered the confirmation of the de-escalation in the Middle East and a potential July US interest rate cut, led by Hong Kong, Mainland China, and Taiwan.
China to private enterprises: invest in cross-border infrastructure like AIIB is doing
Finance minister, speaking at Asia Infrastructure Investment Bank meeting, says more mobilisation of private capital could help overcome bottleneck of insufficient public investment for infrastructure …
China makes pitch for more private cash in cross-border projects
BEIJING] China’s Finance Minister Lan Fo’an has urged a greater role for private investment in ensuring sustainable funding for cross-border infrastructure, warning that emerging countries are running …
China Looks To Capitalize On Trump Tariff-Induced Dollar Fallout With Multi-Pronged Steps To Boost Yuan’s Global Appeal
As U.S. President Donald Trump’s tariff policy takes some sheen off the dollar, often considered a safe haven, China wants to seize the opportunity. A CNBC report said Beijing is promoting its …
China’s central bank doubles down on financing support to boost consumption
Guangdong, country’s wealthiest province, announces plan to hand out more vouchers and subsidies, further promote trade-ins.
PBoC injects CNY 300 Billion into banking system via MLF to boost liquidity
People’s Bank of China injected CNY 300 billion into banks on June 25 via a one-year lending facility to maintain liquidity. This operation, aimed at ensuring banking system liquidity, resulted in a …
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