Banking watchdog vice-chairman says recovery is unstable and interest rate differences could cause asset bubbles to burst.
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Carbon-trading program may give China pricing power
Photo: cnsphoto With China’s national-level carbon trading program ready to start by the end of June, domestic and foreign experts put high hopes on China’s role in achieving carbon neutrality …
China’s antigraft agency unveils corruption cases involving banking regulators
China’s top antigraft agency, Central Commission for Discipline Inspection (CCDI) on Tuesday disclosed details of corruption cases involving five former banking regulators in the Inner Mongolia …
International Finance Forum Releases IFF China Report 2021
International Finance Forum (IFF) announced the release of IFF China Report 2021 (the “Report”) outlining important China’s policy …
Biz China Weekly: Industrial profits, SOEs’ profits, non-financial ODI
The following are the highlights of China business news from the past week INDUSTRIAL PROFITS Profits of China major industrial com …
China-backed projects in Africa targeted by environmental groups
The developers of dozens of schemes, many of them built under the Belt and Road Initiative, have been accused of putting profit ahead of ecosystems.
2021 Zibo China Finance and Industry Development Summit Opens
Zibo, a city with a profound cultural background, its core spirit “innovation, openness, pragmatism and inclusiveness,” of Qi culture …
China’s space programme: how Beijing is banking on youth to drive its celestial ambitions
China sent its first astronaut into space in 2003, 10 years after the launch of its space programme and four decades after the former Soviet Union and the United States had done the same. In…
‘Dangerous decade ahead’: warnings for US and China in global showdown
The warnings were delivered at the International Finance Forum in Beijing on Saturday and reflected deep concern about the growing divide between China and the United States over the origin of the …
Calls for sustainable economic recovery at Intl Finance Forum 2021
Heads of international institutions on Saturday shared ideas on how to move forward towards a sustainable economic recovery at the spring meetings of the 2021 International Finance Forum.
Chinese Bank Chiefs Urge Gradual Pullback of Financing to Coal
China should take a gradual approach pulling back financing to high-emission industries in order to avoid credit risks, state bank chiefs said Saturday. Financial institutions need to support coal and …
China’s Banking Regulator Warns of Global Asset Bubble Risks
Recent interest rate hikes by emerging economies could lead to a bursting of global financial asset bubbles, according to a senior official with China’s banking regulator.
China, U.S. can find common ground on tariff exclusions, Chinese think tank says
The Biden administration is unlikely to remove tariffs on Chinese goods in the short term, but China and the United States might find a middle ground by increasing tariff exclusions as a way to reduce…