Chinese people are flocking to tourist destinations, theaters and shopping malls during the nearly weeklong May Day holiday that began over the weekend.
Tagged By banking
China’s Reopening is a Boon for HSBC
HSBC just posted a record quarter, sending its London-listed shares up 5% in recent trading. China is a big reason why. The lender splits its business into three divisions: commercial lending, …
Exclusive-India, China propose ‘multiple pathways’ on cutting use of fossil fuels-sources
A man walks past a model of G20 logo outside the finance ministry in New Delhi, India, March 1, 2023. REUTERS/Anushree Fadnavis …
Beijing’s ‘men in black’ step up scrutiny of foreign corporate sleuths
We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. In China, foreign consultants are learning to expect a knock on the door. First, police …
IMF raises Asia’s economic forecast on China recovery, warns of risks
The International Monetary Fund (IMF) raised Asia’s economic forecast on Tuesday as China’s recovery underpinned growth, but warned of risks from persistent inflation and global market volatility …
(LEAD) S. Korea, China, Japan ties crucial to global economic recovery: Choo
South Korea’s finance minister said Tuesday trilateral ties with China and Japan are “crucial” not only for the three countries but also for the world amid economic uncertainties. Finance Minister …
S.Korea finmin: S.Korea, Japan, China cooperation more important as world economy at inflection point
South Korea’s finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more important as the global economy stands at an inflection point.
Japan, China, S. Korea agree to strengthen economic ties
Finance ministers and central bank governors from Japan, South Korea, and China recently met to discuss ways to strengthen economic and trade relations. The leaders recognized the importance of …
Asian finance leaders look to improve market safeguards
By Leika Kihara and Jihoon Lee INCHEON, South Korea (Reuters) -Asian finance leaders will on Tuesday look for ways to tighten safeguards to address emergency funding needs during pandemics and natural …
South Korea Finance Minister: South Korea, Japan, China Cooperation More Important as World Economy at Inflection Point
INCHEON, South Korea (Reuters) – South Korea’s finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more important as the global economy …
The Banking Crisis Might Not Be Over Yet
Chair Jerome Powell and the other rate setters could ease the banking crisis by reversing course and cutting interest rates. But that would increase the risk of a renewed outburst of inflation, which …
Tracking the impact of U.S.-China tensions on global financial institutions
NPR’s Steve Inskeep asks the president of a China-led development bank about the impact of the friction between the U.S. and China.
Eyeing China, Biden official floats a new ‘Washington consensus’
“The so-called ‘China shock’ that hit pockets of our domestic manufacturing … The new dispensation, argued the Financial Times’s Luce, is a “pessimistic” one where the United States “cannot make …