President Duterte reveals he received a reminder from China about the consequences of disregarding the two countries’ agreement for joint oil exploration.
Tagged By banking
How China’s Currency Could Come Out a Big Winner in the Ukraine War
Investors fleeing riskier assets have turned to the renminbi, which is strong against the dollar. And digital payments between Russia and China are rising.
China charts path to a green future
China is ready to make a greater contribution to the global response to climate change. As such, the country is taking concrete steps to foster green, low-carbon, high-quality development as it …
China Won’t Join Sanctions Against Russia, Banking Regulator Says
China’s banking and insurance regulator said that the country opposes financial sanctions against Russia and will not join them …
China’s Dilemma: Huge Growth, Achieved Carefully
China’s number was a bit higher at 4.8%. The years when it could reliably grow at huge multiples of peers are behind us. China does have familiar tools at hand to achieve its target: fiscal and…
China warns US against forming Pacific NATO and backing Taiwan
China warned the U.S. against trying to build what it called a Pacific version of NATO, while declaring that security disputes over Taiwan and Ukraine were “not comparable at all.” …
US debates trying to gain China’s help in defusing Russia, cooperating on sanctions
There are two camps, sources say: one that thinks China won’t go along, given its distrust of Washington, and another that says there is little risk in trying Beijing will avoid outright defiance of …
China can help Russia to a significant extent, says trade policy expert
Eswar Prasad, sr. professor of trade policy at Cornell University and former head of the IMF’s China division, joins ‘Your Money 2022: Global Edition’ to discuss China’s relationship with Russia, in …
China Backlash a Risk for Korean Stocks From Presidential Race
Military policy looms as a risk for South Korean stocks as one of the leading contenders in its presidential election calls for the expansion of a missile defense system that in the past angered …
Here’s What Could Happen If China Invaded Taiwan
Xi Jinping’s Chinese Communist Party has threatened to invade Taiwan for more than seven decades. Now fears are growing among analysts, officials and investors that it might actually follow through …
Beijing 2022 Day 4 Preview: Canada aims for more medals in Para biathlon
Para ice hockey returns as Canada takes on South Korea – Canada looks to add more wins in wheelchair curling BEIJING, March 7, 2022 /CNW/ – Canadian medal hopes on Day 4 at the Beijing…
Russia considers Chinese payment system, as Beijing calls Moscow its ‘most important strategic partner’
China’s foreign minister says ties with Russia are “one of the most crucial bilateral relationships in the world” as Russian banks say they are looking into a Chinese payment system to circumvent …
Cathay Pacific Bleeds Millions as Staff Fear China Takeover
In late January, staff of Cathay Pacific Airways Ltd. were invited to an online meeting with senior management. It was supposed to be a debrief on the airline’s financial performance, but when the …