As Chinese banks accelerate their global push in support of the country’s high-level opening-up, international expansion is rapidly emerging as a new battleground.
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China keeps benchmark lending rates unchanged as economic growth revs up, Mideast risks loom
The upbeat economic growth has reduced the urgency for fresh stimulus measures, prompting economists to postpone forecasts on the timing of interest rate cuts.
Ecobank, Bank of China eye yuan settlement platform to cut dollar dependence
The proposed platform would allow businesses to settle transactions directly in Chinese yuan, bypassing the US dollar and reducing conversion costs that have long weighed on African firms engaged in …
China’s Yuan: The Undervalued Contender in Global Currency Debate
China’s yuan, or renminbi, appears strong against the U.S. dollar, yet is widely considered undervalued when assessed by economic fundamentals. Despite China’s substantial current and trade surpluses, …
Exclusive-Ecobank in yuan‑settlement talks with Bank of China amid Africa trade shift
By Duncan Miriri NAIROBI, April 21 (Reuters) – Pan-African lender Ecobank is in talks with Bank of China to launch a direct local-currency-to-yuan settlement product for its customers by year end, its …
China to Sell USD17.5 Billion of Ultra-Long Special Treasury Bonds, First of 2026
(Yicai) April 20 — China’s finance ministry will issue the first batch of this year’s ultra-long special treasury bonds on April 24, totaling CNY119 billion (USD17.5 billion) and accounting for about …
China AI Startups Surge Up To 750% As Token Demand Drives $40 Billion Valuations
China’s artificial intelligence market is starting to show signs of a meaningful shift, with investors increasingly gravitating toward token-driven business models as global demand accelerates. As AI …
China’s Orient Securities to acquire Shanghai Securities
SHANGHAI, April 20 (Reuters) – China’s Orient Securities Co said it plans to buy 100% of smaller rival Shanghai Securities using cash and newly issued shares, as Beijing encourages consolidation in …
China rolls out measures to promote green finance
BEIJING – China has unveiled a guideline on the development of green finance, outlining 19 important measures for key areas to promote the building of a beautiful China.
China leaves lending benchmarks unchanged for 11th month in April
SHANGHAI, April 20 (Reuters) – China on Monday left benchmark loan prime rates (LPRs) unchanged for the 11th consecutive month in April, in line with market expectations. WHY IT’S IMPORTANT Solid …
Public consultation ends on China’s draft financial law, clearing path for first comprehensive finance basic law
The public comment period for China’s draft financial law ended on Sunday, marking a further step closer to the rollout of the country’s first comprehensive basic law for the financial sector.
China is rewiring its global supply chains — here’s why
China is repositioning Singapore as a strategic hub for finance, logistics and regional expansion — part of a broader push to build a more resilient network across Southeast Asia.
Chinese finance minister, central bank chief attend Work Bank, IMF meetings in Washington, urge multilateralism amid global challenges
Photo: People’s Bank of China website China’s finance minister and central bank chief traveled to Washington DC this week to attend meetings of the World Bank and the IMF, where they called for …
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