Chinese President Xi Jinping on Monday pressed his vision for a new global security and economic order that prioritises the “Global South”, in a direct challenge to the United States, during a summit …
FINANCE
Pakistan and China Strengthen Financial Cooperation in High-Level Meetings in Beijing
Pakistan’s Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held pivotal meetings in Beijing with Dr. Pan Gongsheng, Governor of the …
Trump’s attempts to lure companies away from China are backfiring
U.S. firms wrestling with Trump’s unpredictable trade policy are calculating it’s better to stay put in China than reshore — at least for now.
China’s Xi seeks expanded role for Shanghai Cooperation Organization with a development bank
Chinese President Xi Jinping says China will accelerate the creation of an SCO development bank as he seeks to expand the Shanghai Cooperation Organization’s influence and scope.
Xi vows more investments to boost China-led bloc
The president outlined a plan to bolster China’s global clout as Vladimir Putin and Narendra Modi tightened ties amid threats from Donald Trump.
BYD shares slide as China’s EV price war hits profits
Shares of Chinese electric vehicle maker BYD slid by as much as 8% on Monday after it reported a drop in profit because of a price war in China’s car sector. The carmaker had on…
Hong Kong’s crop of green bonds, ESG funds flourishes under mainland China’s climate push
City’s role as a bridge connecting mainland projects with the world ‘not easily found in other markets’, financial-services secretary says.
China rules business must help pick up pension bill as population ages
Chinese companies will have to start paying into employee pension plans this week, as Beijing pressures business to pick up the bill for an ageing population. Many workers have long agreed to let …
China’s Xi seeks expanded role for Shanghai Cooperation Organization with development bank
Chinese President Xi Jinping said China would accelerate the building of a SCO development bank at the annual summit of the Shanghai Cooperation Organization in Tianjin on Monday, as he seeks to …
Are There Opportunities to Invest in China?
Opportunities to invest in China are plentiful and, arguably, shouldn’t be ignored in the U.S. Here’s where to look.
China rules business must help pick up pension bill as population ages
Chinese companies will have to start paying into employee pension plans this week, as Beijing pressures business to pick up the bill for an ageing population. Many workers have long agreed to let …
Former PBOC Chief Zhou Pushes Back Against China Stablecoin Idea
China’s former central bank chief Zhou Xiaochuan issued a warning about the potential dangers of stablecoins, putting him in opposition to growing calls by policy advisers and economists for China to …
China banks pressured by rising loan losses, low margins
BEIJING] China’s mega banks are under pressure from rising allowances for loan losses and a continued margin erosion in their mission to support the world’s second-largest economy. Read more at The …