In a rare move, Xi Jinping wrote a letter replying to Hong Kong business leaders who are descendants of pioneering Ningbo-born entrepreneurs in the city …
Tagged By banking
Banking on reform to secure economic growth
And China’s financial system needs to be reformed to facilitate the further deepening of reform comprehensively to advance Chinese modernization. The resolution issued by the third plenum has outlined five key areas for financial system…
Fears of slowing U.S. growth jolt markets around the world
Anxiety over a slowdown in the U.S. economy intensified Monday, with a retreat in markets that began last week snowballing into a global rout.
China stocks, yuan ease despite regional rebound; yields rise on bank selling
China stocks struggled to rise on Tuesday despite the rebound in regional markets as investors remain concerned about its lagging economic recovery.
Creditor China ‘closely monitors’ conditions in post-Hasina, debt-heavy Bangladesh
Beijing, one of Dhaka’s main lenders, says it hopes social stability will be restored in the South Asian country as soon as possible.
The Climate Reform Agenda: How China Enables and Undermines U.S. Leadership at the World Bank
U.S. reliance on multilateral institutions like the World Bank to support major foreign policy goals has trade-offs that can undermine success.
The Climate Reform Agenda: How China Enables and Undermines U.S. Leadership at the World Bank
U.S. reliance on multilateral institutions like the World Bank to support major foreign policy goals has trade-offs that can undermine success.
Dow drops 1,000 points, and Japanese stocks suffer worst crash since 1987 as markets quake worldwide
The S&P 500 dropped 3 percent for its worst day in nearly two years. The Dow Jones Industrial Average reeled by 1,033 points, or 2.6 percent, while the Nasdaq composite slid 3.4 percent.
The Start Of De-Dollarization: China’s Move Away From The USD
The Chinese renminbi (RMB) is growing in popularity in payments both domestically and globally. In 2023 the Renmibi overtook the US Dollar in China’s cross-border payments and receipts. As of March …
HSBC hires former Blair adviser amid brewing China tensions
HSBC has hired a former senior adviser to Sir Tony Blair to help navigate the West’s growing diplomatic rift with China. David Quarrey, who has held a variety of UK government roles, is set to…
Stock selloff continues, as U.S. recession fears mount: Live Updates
The Dow, S&P 500 and Nasdaq sank Monday following a sharp selloff in global stocks as fears of a U.S. recession mount with bond yields hitting yearly lows. Apple added to the tech weakness after…
China’s AI-related companies total 1.67 million in first half of 2024 amid ChatGPT frenzy
Mainland China added more than 237,000 new companies involved in artificial intelligence (AI) during the first half of this year, according to corporate database platform Qichacha, taking the total to …
INTERNATIONAL VIEW – 1,300 kilometers of railroad vs. China: The West tries to push back Beijing’s influence in Africa with a $2.3 billion infrastructure project
The PGII has been in existence since 2022 and is intended to finance infrastructure projects in developing … The U.S. and Europe apparently want to beat China at its own game in Africa. Beijing has…
