China’s central bank said on Thursday that it expects to reduce the number of high-risk banks to under 200 by 2025, as the country makes efforts to defuse financial risks and seek stability. The numbe…
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How China will steer stable economy with 2022 instabilities: economist
China’s high-level meeting on the economy last December said the year 2022 is all about stability, noting the country would be facing a three-fold challenge domestically of contraction of demand, …
Tennis-WTA’s stance over China’s Peng paves way for Hologic deal – report
Peng’s well-being became a matter of concern among the global tennis community when she appeared to allege that a former Chinese vice premier, Zhang Gaoli, had sexually assaulted her in the past. In …
CGTN: Beijing Winter Paralympic Games reflect more than just sports
Promoting sports for persons with disabilities has become an integral part of China’s drive to help the country’s disabled. Hosting the 2022 Winter Paralympic Games will create more opportunities for …
Exclusive – Russian Firms Rush to Open Chinese Bank Accounts as Sanctions Bite – Sources
The Moscow branch of a Chinese state bank has seen a surge in enquiries from Russian firms wanting to open new accounts, a person familiar with the matter said, as the country’s businesses struggle …
China stocks end lower as services activity growth slows, HSBC lifts Hang Seng
China stocks closed lower on Thursday, as investor appetite was dampened after a survey showed services sector activity in February had expanded at the slowest pace in six months amid the government’s …
Everything you need to know about China’s economy as Xi Jinping eyes up third term
CHINA’S economy has slowed dramatically over the past six months, with policymakers expected to announce a raft of stabilising measures at the National People’s Congress this weekend.
IPC’s Beijing decision will lead to ‘a lot of boycotts’
The IPC has been strongly criticised for its decision to let athletes from Russia and Belarus take part as neutrals.
China is provoking India at every turn, says US diplomat
India’s relationship with China is right now going through a very difficult phase after Beijing violated agreements not to bring the military forces to the eastern Ladakh border.
Sustainable finance in emerging markets is enjoying rapid growth, but may bring risks
By Deepali Gautam , Rohit Goel and Fabio Natalucci Most of the activity in the rapidly growing world of sustainable finance has been prev …
China says no to financial sanctions on Russia
China will not impose financial sanctions on Russia and will continue to have normal economic, trade and financial exchanges with the parties concerned, Guo Shuqing, chairman of the China Banking and …
China won’t take part in Western financial sanctions on Russia, bank regulator chief says
Chinas banking regulator says the country will not join the US and Europe in imposing financial sanctions on Russia for its invasion of Ukraine.Guo Shuqing, chairman of the China Banking and Insurance …
China’s financial infrastructure can only offer a respite to Russia but not a solution to Western sanctions
As widely expected, the European Union and the US, as well as the UK and Japan, have announced to cut off a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication …
