have a fundamental impact on affecting the investment climate for China.” Yellen spoke from Gandhinagar, India where she’s meeting with finance chiefs from the world’s largest economies. A senior …
Tagged By banking
China tracks, traces its enemies with Orwellian digital currency assault
The U.S. dollar as the world’s reserve currency and the SWIFT global money transfer system represent the twin pillars of a transparent international financial system.
Australia and China finance chiefs make ‘good progress’ at G20
Australia and China’s finance ministers met Tuesday on the sidelines of G20 talks in India, officials said, the first such meeting for four years …
China’s Flagging Economy Has Global Impact
China’s disappointing GDP growth pushed European stocks and oil downward and triggered a shift in sentiment about future Fed rate changes.
Assessing Treasury Secretary Yellen’s Beijing journey
BY MEL GURTOV “I believe that my bilateral meetings — which totaled about 10 hours over two days — served as a step forward in our effort to put the U.S.-China relationship on surer footing,”…
China Evergrande reports its debt rose to $340 billion in 2022. It plans meetings with creditors
China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about $340 billion by the …
Moscow, Beijing’s financial province
Russia’s “turn to the East” imposed by Western sanctions is transforming the Russian financial sector, both ideologically and practically with effects that will be long-lasting. All decisions on the …
PM Shehbaz says China’s Exim Bank has rolled over $600mn loan
ISLAMABAD: China’s Exim Bank has rolled over a $600-million loan, Prime Minister Shehbaz Sharif said at the launch ceremony of the ‘Youth Sports Initiative’ in Islamabad. Pa …
The Treasurer has met with his counterpart from China at the G20 finance ministers meeting
Jim Chalmers has met with China’s Finance Minister Liu Kun, the first Australian Treasurer in four years to have a meeting with their Chinese counterpart.
Deutsche Bank Cuts China’s 2023 Growth Forecast to 5.3%
(Reuters) – Deutsche Bank lowered its forecast for China’s economic growth forecast this year to 5.3%, from 6% earlier, citing weakness in domestic consumption demand and a deterioration in the …
China’s Financial Regulatory Regime Finding Its Feet
Beijing released an official plan to reform Party and state institutions. This document lays out plans to address deficiencies in …
Exclusive-China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources
China’s CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing’s call to bridge income inequality in the financial …
(China Economic Roundtable) Chinese Economy Sees Hard-Won Recovery in H1 amid Global Downturn
China’s economic performance in the first half (H1) of 2023 showed signs of recovery in the face of various challenges, guest speakers told the China …