Economists debate whether a proposed US$2 trillion infrastructure programme would cause American inflation that could be exported overseas.
Tagged By banking
China to require financial institutions to move towards green finance – central bank gov
China will require financial institutions to transition towards green finance as early as possible, to help achieve the country’s carbon neutrality goals, central bank governor Yi Gang told the Boao …
China to Require Financial Institutions to Move Towards Green Finance – Central Bank Governor
There are still some problems in China’s green finance development and the central bank will require financial institutions to make transitions towards green finance, central bank governor Yi Gang …
China leads the world with new state-backed digital currency
In a push to dominate global financial technology, the Chinese government is aiming to roll out the world’s first state-backed digital currency.Why it matters: China’s new currency could set global …
China’s Netzero Goal Poses Threat to Finance Sector, Ex-PBOC Adviser Says
China’s pledge to become carbon neutral by 2060 poses an existential threat to polluters that could have ramifications for the financial sector, a former central bank adviser said.
China Needs Structural Reform for Economy, Ex-IMF Official Says
China faces huge structural problems in its economy as the government fell back to its old playbook of investment-driven growth last year, said Zhu Min, a former deputy managing director of the …
The Middle East of batteries? U.S. lawmakers race to counter China’s dominance
Washington is racing for money to build batteries for cars and the electric grid, but despite the bipartisan “Buy American” rhetoric, not enough may be done to counter China’s lead.
For Huarong, China’s biggest bad bank, it’s bailout or bust
China’s biggest bad bank, which was created in 1999 to take bad assets from the country’s biggest bank, has degenerated into a really bad bank after 22 years, and it may need to rescued by…
Why China ‘Bad Bank’ Huarong’s Fall Is Big Bad News
What happens when a company set up by the Chinese government to help clean up toxic debt in the country’s banking system gets into trouble itself? It seems we’re about to find out. Investors were…
China economy: benchmark loan rate kept steady for 12th straight month
China’s one-year loan prime rate (LPR) was kept at 3.85 per cent, while the five-year LPR remained at 4.65 per cent.
China Stock Market Has A Red Light For Tuesday’s Trade
The China stock market has moved higher in two straight sessions, gathering almost 80 points or 2.3 percent along the way. The Shanghai Composite Index now rests just above the 3,475-point plateau …
Taiwan seizes chance to host foreign reporters kicked out of China
Taiwan is courting journalists fleeing China, spotting an opportunity to boost its visibility and build international support as concerns mount that Beijing is flirting with the idea of invading the …
China-Australia relations: what’s happened over the past year, and what’s the outlook?
China and Australia have been locked in a trade dispute for the past year that shows little sign of easing, raising questions about whether the trading relationship can be restored.
