China’s central bank lowered the funding cost of 14-day reverse repos when injecting 150 billion yuan ($23.68 billion) via the liquidity tool into the banking system on Monday. The 14-day reverse repo …
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Speak Out reader opinion: We can boycott the Beijing Olympics even if our government doesn’t
I’m going to do it, something that the greedy corporations and government should have done. I’m going to boycott the China Olympics. The U.S. had a chance to show the world how it stands against…
China’s former banking regulator official expelled from Communist Party – CCDI
Cai Esheng, a former senior official of China’s banking regulator, has been expelled from the ruling Communist Party for corruption, the country’s anti-graft watchdog said on Monday. China’s Central …
China’s wealth inequality has worsened in pandemic, highlighting ‘alarming’ global trend, Oxfam finds
World Bank Group also warns that the pandemic has widened the rich-poor gap, particularly in emerging markets and developing economies such as China.
Top bank of world prospect and challenges ahead
THE LARGEST BANKS IN THE WORLD AND CHALLENGES AHEAD There are a large number of Banks in the world who caters to their customers. Based on the figures available the following are the top 10…
People around world express wishes to Beijing 2022
Philip Ireland from Britain poses with a piece of paper printing “Together for a Shared Future”, the official motto for Beijing 2022, near Colosseo, in Winchester, Britain, on Jan. 17, 2022. With less …
China’s GDP poised to grow around 5.5% in 2022 despite uncertainty
Financial and fiscal policy easing is expected to be the new approach taken by China’s policymakers to jumpstart a significant slowdown of the world’s second largest economy, which grew impressively …
UPDATE 1-China’s Beijing orders more COVID tests as cases mount before Olympics
The local government in China’s capital ordered more COVID-19 tests on Sunday as the city continued to report new local cases, less than two weeks before the start of the Winter Olympic Games. Nine …
China’s lottery sales up in 2021
China lottery ticket sales reached 37329 billion yuan about 5879 billion US dollars in 2021 up 118 percent year on year da …
China must brace for ‘digital cold war’ with US as battle for tech supremacy heats up
The digital economy will be the next battleground for strategic competition among powers, a top Chinese think tank says, and Beijing must be prepared for stronger restrictions on American technology.
China braces for Omicron driven supply chain disruptions
As the rapidly spreading Omicron variant continues to cast shadows over the world, China is certainly facing an unnerving test in its fight against the virus, in an attempt to mitigate further …
Can Fund Managers Really Ignore China Issues Any Longer?
A firestorm over investor Chamath Palihapatiya’s comments are calling attention to a big blind spot many billionaires seem to have on Beijing.
Explained: How India and China prepare their annual budgets
China essentially has had four budgets since 2015, but only calculates its official fiscal deficit based on one of them, while India’s is made over a period of six months with the Budget Division of…
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