Donald Trump’s executive order, which comes into effect on January 11, days before he leaves the White House, has flummoxed financial institutions, leaving the New York Stock Exchange banning a … ( read original story…
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Why the United States should compete with China on global clean energy finance
Chuyu Liu and Johannes Urpelainen argue that by offering developing countries affordable financing for green energy products, the U.S. would reduce demand for Chinese-funded fossil fuel energy … ( read original story …)
China central bank reduces leeway for firms to borrow abroad
China’s central bank said on Thursday it had tightened the way it assesses cross-border financing risks to make it harder for domestic firms to raise funds in overseas markets. The People’s Bank of … (…
New logo published for Beijing FTZ
Beijing unveiled the new logo of its pilot free trade zone on Wednesday at a news conference introducing the development of newly-established FTZs in the capital. The new logo looks like the Hall of ……
China’s central bank sets key tasks for 2021
China’s central bank outlined key policies and tasks for 2021 during an annual work conference held in Beijing. T (PBOC) said Wednesday in an online statement released after the meeting that it would … (…
Ex-China Development Bank chair Hu Huaibang jailed for life for bribery – state media
The former chairman of China Development Bank Hu Huaibang has been sentenced to life in prison for taking bribes, state TV reported on Thursday. ( read original story …)
China Sentences Ex-State Bank Chief to Life on Bribery
China sentenced Hu Huaibang, a former chairman of the nation’s biggest policy bank, to life imprisonment on charges of corruption, the second harsh punishment doled out this week in a sign President … ( read…
China urges U.S. to end ‘unreasonable suppression’ of Chinese apps
China’s commerce ministry on Wednesday urged the United States to stop its “unreasonable suppression” of Chinese applications after Washington barred transactions with eight of them, including Ant … ( read original story …)
China slaps new curbs on developers to tame runaway home prices by hitting them where they hurt most: bank loans
The central bank’s much-vaunted “three red lines” – financial … She has reported in Washington D.C., Beijing, and Hong Kong in the past several years for both Chinese and international media … ( read original…
China central bank says it will make policy flexible and targeted in 2021
China’s central bank said on Wednesday it will make its monetary policy flexible, targeted and appropriate in 2021. The People’s Bank of China (PBOC) added it would deepen reforms of its loan prime … (…
China sentences former top finance executive to death for bribery
A Chinese court has sentenced the former chairman of a huge state-owned financial company to death after finding him guilty of bribery. It’s a rare use of the most severe punishment in a long-running ……
China to improve its fiscal policy quality
China will improve the efficiency and quality of its fiscal policies. It will do so by optimizing expenditure structures and strengthening management, Finance Minister Liu Kun told Xinhua in an … ( read original story…
China’s central bank says it will make policy flexible, targeted in 2021
China’s central bank said on Wednesday it would make its monetary policy flexible, targeted and appropriate in 2021, focusing on supporting small firms as the economy recovers. The People’s Bank of … ( read original…
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