China should stop setting annual economic growth targets and instead focus on stabilising employment and controlling inflation as its main macroeconomic policy goals, an adviser for the country’s … ( read original story …)
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China’s Xi Calls for Greater Role for G20 in Economic Governance
Speaking at a virtual meeting of the World Economic Forum, Xi said the global recovery from the coronavirus pandemic is “rather shaky” and the outlook remains uncertain. Copyright 2021 Thomson Reuters … ( read original…
Is Jack Ma Helping China Reinforce Communist Regime’s Digital Authoritarianism?
China’s regulators have reiterated that their probe into financial technology giant Ant Group, founded by the beleaguered billionaire Jack Ma, would not undermine the company’s development and was not … ( read original story …)
China largest recipient of FDI in 2020, but ‘effects of coronavirus on investment will linger’
China’s US$163 billion in inflows last year compared to the US$134 billion attracted by the United States, according to a report released on Sunday by the United Nations Conference on Trade and … ( read…
China’s digital currency: Beijing, Shanghai and Guangdong commit to new digital yuan trials in 2021
Beijing, Shanghai and Guangdong, China’s wealthiest province, all made new commitments over the weekend to testing the digital yuan, as the country moves closer to becoming the first in the world to … ( read…
China Surpasses U.S. as Top Recipient of Direct Foreign Investment
The U.S. has been locked in trade battles with the Chinese Communist Party for the last several years under the Trump administration. ( read original story …)
China overtakes U.S. as top foreign-investment destination, more big banks beat expectations, and new investors rise in India: This Week in Finance
Welcome to This Week in Finance, your weekly roundup of the conversations trending among financial professionals on LinkedIn. Click Subscribe to be notified of each edition. ( read original story …)
UN agency reports China surpassed US in foreign direct investments in 2020
A United Nations trade agency reported that China surpassed the U.S. as the largest recipient of foreign direct investments (FDI) in 2020. ( read original story …)
China takes new foreign investment top spot from US
China has overtaken the US as the world’s top destination for new foreign direct investment, according to UN figures released on Sunday.New investments into America from overseas companies fell by … ( read original story…
Transformation and Internationalization of China bond market
Tectonic shifts in technology and the transformation of global finance over the past two decades have dramatically changed the way investors trade bonds. Nowhere is this more evident than in the … ( read original…
China: Firm financial performance good sign for international revival
China managed to manage the coronavirus early on, and record a positive economic expansion in 2020, which are good signs for global economy, a scholar stated here in a new interview with Xinhua. … (…
China Evergrande New Energy Vehicle Company Attracts 6 Investors To Raise $3.4 billion
The electric vehicle unit of property developer China Evergrande Group said on Sunday it would bring in six new investors and will raise $3.4 billion to repay debt and fund research, Reuters has … (…
Chinese banking sector assets up 10.1 pct in 2020
The total assets of China banking sector saw steady expansion in 2020 data from the country top banking and insurance regulator sh … ( read original story …)
