China has now sacked its Finance and Science and Technology ministers after the country sacked its Defence Minister, who was not seen in public for nearly two months.
Tagged By banking
Wall Street, global financial institutions upgrade China’s 2023 economic forecasts
Global financial institutions, including JP Morgan, Citigroup and UBS, raised their 2023 growth forecasts for China after the country’s economy expanded at a …
Stocks lifted by China spending plan, oil down on Israel hope
Most markets rose Wednesday after China unveiled plans for $137 billion in extra debt to boost infrastructure spending, while oil extended losses on hopes Israel will scale back its plans for a Gaza …
China Shuffles Cabinet In Mysterious Moves As Defence Minister Sacked, Finance Minister Replaced
China Sacks ‘Missing’ Defence Minister General Li Shangfu, No Successor Named: State Media ( Image Source : china defence ministry ) …
Decoding China’s Economic Narrative
The tale behind China’s recent economic picture is a compelling one, filled with undertones of uncertainty, looming challenges, and a narrative of potential decline. Yet, a closer examination of the …
What Does The Shanghai/China Court Ruling Really Mean For Bitcoin?
A Shanghai court seemed to validate bitcoin as a unique digital currency, but deeper analysis shows a more nuanced story …
China signals more support for struggling local governments
The central government formalized a process for local governments to borrow for the year ahead — starting in the preceding fourth quarter, state media said.
China’s Xi makes first known visit to central bank -sources
Chinese President Xi Jinping made his first known visit to the nation’s central bank since he became president a decade ago, two sources with knowledge of the matter said, as China’s economy and financial markets…
China names Lan Foan as new finance minister amid stimulus push
BEIJING (Reuters) – China has appointed Lan Foan, a technocrat with little central government experience, as the new finance minister, state media said on Tuesday, as the government ramps up fiscal stimulus in a bid…
China Names Lan Fo’an as Finance Minister to Tackle Debt Risks
China picked Lan Fo’an as the Minister of Finance to replace Liu Kun, handing Lan the responsibility over a plan to diffuse local government debt risks.
Xi Jinping’s Historic Visit to Central Bank Signals China’s Economic Focus
China’s President, Xi Jinping, recently made a historic visit to the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE). It was reportedly the first time since he …
China’s Xi Jinping makes central bank visit – Bloomberg News
Chinese President Xi Jinping made his first known visit to the nation’s central bank since he became president a decade ago, Bloomberg News reported on Tuesday citing people familiar with the matter.
China’s Stock Market Hits Two-Year Low: An Ominous Shadow on Global Finance
In the labyrinthine world of finance, China’s stock market has slipped into an ominous shadow. The country’s financial pulse has plummeted to its most feeble rhythm since 2019. A protean blend of a …
