The Chinese Finance Minister, Liu Kun, during a bilateral discussions held with President Ranil Wickremesinghe in Beijing this morning (19) has reaffirmed China’s commitment to extend comprehensive …
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S. Korea to continue to seek close economic ties with China: finance minister
In June 2022, Choi Sang-mok, senior presidential secretary for economic affairs, said that the era of an export boom with China that South Korea has been enjoying over the past 20 years “has drawn to…
China’s NDRC and Hong Kong Monetary Authority Strengthen Bonds
A new chapter in international finance is being written as China’s top economic planner, the National Development and Reform Commission (NDRC), signs a Memorandum of Understanding (MoU) with the Hong …
China commits 85 per cent finance for Abuja-Kano, Port-Harcourt- Maiduguri railway projects
The People’s Republic of China has committed 85 per cent of funds to refinance the completion of the Abuja-Kano and Port-Harcourt-Maiduguri railway …
Xi Says Green Projects Will Anchor China’s Overseas Spending
In response, President Xi Jinping pledged to implement green investment standards to his signature development finance initiative, now officially entering its 11th year. Vice President Han Zheng said …
China’s 8 Steps To Boost Economies
Chinese President Xi Jinping has announced that 350 billion Yuan will be earmarked to boost the economies of developing countries, and he unveiled eight new …
Vladimir Putin gets diplomatic stage at belt and road gathering in Beijing
Shunned by the West, Russian president goes on charm offensive as he meets leaders of Thailand, Vietnam, Indonesia and EU nation Hungary.
China’s Economy Is Doing a Little Better. Why It Won’t Lift Stocks.
C hina’s economy grew more than expected in the third quarter, potentially creating a floor for the country’s beleaguered stocks. But investor wariness about geopolitics—on top of concerns about China …
Xi Jinping touts China as ‘alternative to US-led world order’. Can Beijing overcome the headwinds?
China’s Xi Jinping hosts Belt and Road Forum in Beijing. Xi Jinping aims to project China as alternative leader to US. China faces challenges at home but aims to gloss over them …
Xi and Putin Scratch Each Other’s Backs in Beijing
The Chinese leader told his “old friend” the Russian president to defend fairness and justice amid the Gaza conflict.
China boosts Argentina’s access to the yuan under currency deal as peso plummets
China boosted Argentina’s access to the yuan under a currency swap deal. Argentina’s president said the country can now tap $6.5 billion worth of yuan, up from $5 billion. The move comes as Argentina …
Nvidia thought it found a way around U.S. export bans of AI chips to China—now Biden is closing the loophole and investors aren’t happy
Problem solved, right? Now the Biden administration wants to put a stop to the AI gravy train that rocketed Nvidia’s market cap into the $1 trillion stratosphere, since it might inadvertently bolster …
S’pore officials stress supply chain resilience, green financing at Beijing forum
Singapore ministers have reiterated the Republic’s support for China’s Belt and Road Initiative (BRI) at a high-level forum in Beijing, while also stressing the need to strengthen global supply chains …