Treasury Secretary Janet Yellen will call for the United States to leverage its allies to build more resilient supply chains during a speech in South Korea on Tuesday. Her remarks will focus on …
FINANCE
No Pivot: The U.S. Can’t Take on China Without Europe
Stopping short of calling China an adversary, NATO chief Jens Stoltenberg focused on the unsettling buildup of Chinese military forces, threats to Taiwan, Beijing’s implicit support of Russian war …
China Takes Steps to Give Depositors Money Back After Rural Bank Scandal in Henan
China’s main banking regulator has sought to appease residents in central China’s Henan province amid rural banks’ liquidity issues. The government has set up a system to verify client information …
Why chaotic China should concern British investors
Tuning out the chaos unfolding in China is dangerously easy for British investors. It is no longer only America sneezing that means the world catches a cold; the health of the world’s second largest …
China Asks Banks to Fund Housing Projects Amid Mortgage Boycotts
China’s banking regulator has asked lenders to provide credit to eligible developers so they can complete unfinished residential properties after home buyers stopped paying mortgages on at least 100 …
Is China stumbling into its own mortgage disaster?
The Chinese authorities’ drift on managing bad property debts feels eerily like the impending subprime crisis in 2007.
China Is Falling Out of Love With Skyscrapers
has suspended construction while it tries to avoid a default that would shake China’s economy. Even if Evergrande manages to dig itself out of its financial hole, the physical one will remain. Earlier …
ACAMS and TRAFFIC Advance Ending Illegal Wildlife Trade Training Efforts in China
Training certificate in Simplified Chinese for anti-financial crime professionals on how to identify and investigate illicit proceeds linked to the IWT …
Mongolia says Russia-China gas pipeline will break ground in 2024
Mongolia expects Russia to begin construction of the “Power of Siberia 2” gas pipeline through its territory to China within two years, as Moscow moves to connect its Europe-supplying gasfields to …
China Is Pariah for Global Investors as Xi’s Policies Backfire
After drawing foreign capital into China’s markets for years, President Xi Jinping is now facing the risk of a nasty period of financial de-globalization. Investors point to one main reason why: Xi’s …
China’s ‘zero COVID policy’ drastically affected country’s economy
China started its zero COVID policy with the intention to curb the spread of Covid-19 with widespread lockdowns and mass quarantines but in reality, it had sl …
China’s Dismal Q2 GDP – Nothing To See Here?
Can China close the gap between the growth forecast and the official target with the same approach to policy stimulus? Read more here.
China growth hopes rest on troubled local government financing vehicles
If the Chinese government is able to reach its economic growth target of 5.5 per cent this year, it will be due in part to retail investors such as Jane Song. In May, Song invested…
