China needs to improve its green finance standards and require banks to reveal more carbon emission information for the country to meet its carbon neutral pledge by 2060, according to a top official … (…
Tagged By banking
Lam’s bank woes show risk of US dominance of global finance system
Global Times Published: 2020/11/29 22:26:44. US dominance of global finance system threatens nation’s security . The revelation that th … ( read original story …)
China’s SEC olive branch is sturdier than it looks
Beijing’s latest olive branch extended to the United States may be sturdier than it looks. The China Securities Regulatory Commission said on Friday that it is seeking fresh discussions on plans to … ( read…
China seizes £2.5billion of Bitcoin as Beijing set to ‘dominate’ future global economy
CHINA has seized $3.3 billion (£2.48 billion) in bitcoin as the nation continues to build its mining capacity and the recent move could allow Beijing to “dominate the global economy” of the future, … (…
China Investment Risk Rises with Ant Group Clash
A costly clash between China’s top political and business leaders has highlighted the risks for enterprises and finance in the world’s second-largest economy. The conflict between China’s government … ( read original story …)
China Should Further Open Up Finance Sector, PBOC Official Says
China’s finance sector should open up further to support the “dual circulation” economic strategy and mitigate risks in the industry, a central bank official said. ( read original story …)
The Ant Group (Part 4): FinTech Or Bank? Why It Matters
The Ant Group is the world’s largest Fintech company, and the most innovative. They pioneered many new forms of digital finance, faster and bigger than anyone else. Then, the authorities in Beijing … ( read…
China’s co-op with BRI countries shows strong vitality amid COVID-19 pandemic
China’s cooperation with Belt and Road countries has shown strong vitality during the COVID-19 pandemic, and so far, China has signed 201 cooperation documents on joint … ( read original story …)
U.S., Taiwan to Push an Alternative to China’s Belt and Road
An informal U.S.-led alliance to provide an alternative to China’s Belt and Road Initiative will provide greater transparency to countries seeking funding to develop their infrastructure, Taiwan’s … ( read original story …)
U.S.-China Relations Haven’t Been This Toxic Since Vietnam
The two governments have been reduced to trading insults and taunts, closing consulates, and mounting demonization campaigns for the benefit of their respective domestic audiences. ( read original story …)
A new Belt and Road? US, Taiwan hook up to counter China’s effort
Taiwan and the US plan to fund infrastructure projects in developing markets in response to China’s growing influence. ( read original story …)
China’s former central bank chief urges revamp of modern central banking
Zhou Xiaochuan, who was the head of People’s Bank of China (PBOC) for over 15 years, supports reform of the way inflation is defined and measured. ( read original story …)
China to make financial services more accessible for elderly
China will roll out a raft of measures to make financial services more accessible for the elderly and help the group tackle the digital divide, according to the country’s central bank. Measures to … (…
