Meanwhile, the government will speed up bond sales and the use of the funding to boost domestic demand, Finance Minister Liu Kun said at the same event. The commitments foreshadow another round of … (…
Tagged By banking
The US-China trade war is drawing a new battle line over megaproject funding. At least it will be good for infrastructure
The signs can be seen in Italy’s foray into China’s Belt and Road Initiative (BRI), and the naming of a Trump loyalist to head the World Bank. Donald Trump and Xi Jinping have a lot…
China says it regrets decision by Inter-American Development Bank to cancel meeting in Sichuan
China’s foreign ministry said on Saturday it regretted the decision by the Inter-American Development Bank to cancel a meeting scheduled for next week in the southwestern city of Chengdu. The IDB said … ( read…
Italy, China sign accord deepening economic ties
where President Donald Trump is challenging China over trade and other issues. The EU, however, is worried about unfair competition from Chinese companies, which are controlled by the Chinese … ( read original story …)
Why China missed out on hosting the Inter-American Development Bank meeting in Chengdu
China’s economic interests in Venezuela made it impossible to accept a representative from the opposition Juan Guaido camp – even if it meant not hosting the Inter-American Development Bank’s annual … ( read original story…
Italy, China sign memorandum deepening economic ties
where President Donald Trump seeks to challenge China over trade and other issues. The European Union is also worried about unfair competition from Chinese companies, which are controlled by the … ( read original story…
Finance Meeting in China Said to Be Canceled Over Venezuela Row
The Ministry of Foreign Affairs and People’s Bank of China — which was hosting the meeting — did not reply to faxes sent on Saturday in Beijing seeking comment … it should focus on financial…
Bank of Beijing planning venture with Dutch lender
With a total investment of 3 billion yuan ($448 million), the forthcoming joint-venture bank, which is still waiting for regulatory approval, may become China’s first commercial lender in which a … ( read original story…
China studies new round of financial sector opening – official
BEIJING (Reuters) – China’s banking and insurance regulator is studying a new round of opening measures for the country’s financial sector, aiming to achieve the dual goals of greater access as well … ( read…
IDB bank calls off annual meeting next week in China
WASHINGTON — The Inter-American Development Bank is calling off its general assembly next week in China amid a dispute over the participation of a Venezuelan representative opposed by Beijing. The IDB … ( read original…
In China, Apple’s Cook says he’s bullish on global economy
BEIJING — Apple CEO Tim Cook said Saturday that he is “extremely bullish” about the global economy based on the amount of innovation underway, and urged China to continue to “open up” amid complaints ……
China can speed up financial sector opening, official says
BEIJING (Reuters) – China can speed up the opening of its financial sector if the United States is unhappy with the pace because it will be good for both countries, Fang Xinghai, vice chairman of…
UPDATE 1-China studies new round of financial sector opening -official
BEIJING, March 23 (Reuters) – China’s banking and insurance regulator is studying a new round of opening measures for the country’s financial sector, aiming to achieve the dual goals of greater access … ( read…