China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and security amid rising geopolitical tensions …
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China c.bank issues draft rules on its data security management
China’s central bank issued draft rules on data security management for the bank’s own operations on Monday, as Beijing tightens its grip on data usage and security amid rising geopolitical tensions …
China central bank sells cash deposits at record low, more easing seen
SHANGHAI/SINGAPORE: China’s central bank sold cash deposits at 2%, the lowest on record, pressured by reductions …
Wall Street cut China’s GDP forecast many times this year. One bank adjusted 6 times
International investment firms have changed their China GDP forecasts nearly every month so far this year, with JPMorgan making six adjustments since January. That’s according to CNBC analysis of the …
Top Taiwan bank looks to South-east Asia in shift from China, boosts Singapore hires
Cathay United Bank’s corporate clients are seeking to diversify supply chains away from China amid geopolitical tensions. Read more at straitstimes.com.
Beijing fears local vehicles for infrastructure finance may tank
Beijing fears that these LGFVs, which have been crucial in funneling investment into infrastructure projects, have dipped too far into this perilous segment of the bond market and may default, …
Marc Andreessen says his A.I. policy conversations in D.C. ‘go very differently’ once China is brought up
One thing the Silicon Valley venture capitalist has noticed: When it comes to A.I., he can have two conversations with the “exact same person” that “go very differently” depending on whether China is …
Morning Bid: G3 central banks and China Politburo bonanza
Dovish signals from Fed Chair Jerome Powell would probably boost risk appetite and lift global stocks markets. The dollar and U.S. bond yields would likely come under downward pressure too – often …
China’s Alibaba says will not join Ant Group share buyback
China’s Alibaba Group said on Sunday it had decided not to participate in affiliate Ant Group’s proposed repurchase of shares, but would maintain its shareholding in the company.
China, Japan, Korea Central Bankers Discussed Economy, Finance
Central bankers of China, Japan, and South Korea exchanged views on recent economic and financial developments at a meeting held in Yokohama on Sunday, according to statements from the three …
China’s economic powerhouses post strong H1 growth, to underpin steady H2 recovery
China’s six largest economic powerhouse provinces had all released their first-half GDP data as of Sunday, showing solid expansion, with many growing faster than the national economy, amid a steady …
China’s GDP Miss, UPS Strike Threat And Insights From 9M Bank Accounts: Economic Highlights This Week
This week in economics was marked by China’s Q2 GDP miss, the looming final Fed rate hike, a potential false alarm in job market indicators, the potential ripple effects of a UPS strike, and insights…
1 in 5 young people in China can’t find a job – and that’s a big problem for Xi Jinping
“If China relied more on consumption for demand, that would help because consumption is mostly services and sectors such as media, entertainment, education, health, finance, and telecom are where the …