Beijing has invested billions of dollars in the Western Balkans as part of its Belt and Road Initiative to expand Chinese influence in the region.
Tagged By banking
Montenegro in ‘final phase’ of talks with Europe to cut China debt
A European state financial institution is ready to refinance $809 million of Montenegro’s debt to China, allowing the tiny Adriatic republic to make savings and cut interest rates, the country’s …
With Sale to Blackstone, China’s Property Power Couple Cements Exit
The husband-and-wife team atop Soho China had already been keeping a lower profile than they did during an earlier, freer era of the country’s economic revival.
China ‘ahead of US’ in monetary policy adjustments, as US Fed revamps interest rate predictions
US Federal Reserve policy adjustments through 2023 are expected to impact the global foreign exchange market and cross-border capital flows, which China is monitoring.
China Steps Up Antitrust Inspections of Internet Firms
Government agents have made on-site inspections, during which they questioned company executives, downloaded financial records and collected internal communications.
China Jan-May fiscal revenues up 24.2per cent year on year
BEIJING: China’s fiscal revenues rose 24.2per cent in January-May from a year earlier, the finance miinstry said on Thursday. China fiscal …
Montenegro in ‘Final Phase’ of Talks With Europe to Cut Indebtedness to China
A European state financial institution is ready to refinance $809 million of Montenegro’s debt to China, allowing the tiny Adriatic republic to make savings and cut interest rates, the country’s …
BOJ may start debate on retreat from stimulus in 2023, says ex-central bank policymaker
A man wearing a protective mask walks past the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020. REUTERS/Kim Kyung-Hoon …
China attempting to ‘seize control’ of multilateral organisations, UK report says
Dictatorships are taking over the institutions built out of the wreckage of the Second World War to defend democracy,’ says MP Tom Tugendhat, chair of the UK parliament’s Foreign Affairs Committee.
China’s domestic demand recovery is ‘well behind our expectations’: Deutsche Bank
Linan Liu of Deutsche Bank says despite China’s slow recovery in domestic demand, she expects consumer confidence to be boosted as the country accelerates its Covid vaccine rollouts.
Fitch Affirms Beijing Capital Development Holding at ‘BBB’; Outlook Stable
Fitch Ratings has affirmed Beijing Capital Development Holding (Group) Co., Ltd.’s (BCDH) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’. The Outlook is Stable. Fitch has also …
China’s fiscal revenue up 24.2% in first five months
China’s fiscal revenue jumped 24.2 percent year-on-year in the first five months of 2021, official data showed Thursday. According to data released by the Ministry of Finance, the country’s fiscal …
New digital RMB trial launched in Beijing
Beijing has launched a new trial of digital RMB recently, with consumers able to spend the digital currency at multiple merchants in the city. The Bank of Communications unveiled its digital RMB trial …
ADVERTISEMENT
