Matthews International Capital Management says stocks are more likely to get better in the coming quarters as data, US-China ties improve ‘The economy is doing better than it gets credit for,’ fund …
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Kenya to seek US$1b from China for stalled railway, ‘more time’ to repay debts, deputy president says
Kenya will ask China for US$1 billion to finance stalled infrastructure projects when President William Ruto meets Chinese counterpart Xi Jinping in Beijing this month. Ruto will also seek loan …
China and the art of unlocking capital for climate action
The problem with markets in most advanced and developing economies is that they favour short-term investment, not long-term socio-economic projects This is why the US struggles to finance and improve …
Washington and Wall Street need to speak same language on China threats
The war game was just one part of our committee’s broader trip to New York to speak with Wall Street leaders about the systemic risk posed to our economy from China. We wanted to find…
Beijing to add finance and social affairs bureau to top Hong Kong-Macau body – Media
Chinese authorities will add finance-economy and social affairs bureaus to top Hong Kong-Macau body as part of large scale administrative upgrade, the South China Morning Post reported.
In another unexpected move, China expels top financial expert and former Bank of China chairman from Communist Party
China’s ruling Communist Party has expelled the former chairman of the state-owned Bank of China from the party, accusing him of illegal activities and taking bribes, the top anti-graft watchdog said …
U.S. senators led by Majority Leader Schumer make first congressional visit to China since 2019
A delegation of U.S. lawmakers arrived in China on Saturday in the first congressional visit to the country since 2019.
For IMEC to have any real impact, fix the finance first. Only then it can counter China’s BRI
Partners in India-Middle East-Europe Economic Corridor will need to provide guarantees and de-risk investments, given that private investors have become risk-averse in the wake of pandemic-induced …
U.S. Senate leader raises trade and fentanyl at start of 1st congressional visit to China since 2019
A senior American lawmaker, leading the first congressional trip to China in four years, said Saturday that the U.S. does not want to cut economic ties with the world’s second-largest economy but …
Former president of Bank of China expelled from CPC
BEIJING – Liu Liange, former Party chief and president of the Bank of China, has been expelled from the Communist Party of China (CPC) over severe violations of discipline and law. His punishment was …
China Expels Former Bank of China Chairman From Communist Party
SHANGHAI (Reuters) – China’s ruling Communist Party has expelled the former chairman of the state-owned Bank of China from the party, accusing him of illegal activities and taking bribes, the top anti …
China’s forex reserves stand at $3.12t
China’s foreign exchange reserves dropped in the second consecutive month to $3.1151 trillion by the end of September as the US dollar strengthened while global financial markets declined, the State …
US senators led by Majority Leader Schumer making first congressional visit to China since 2019
A delegation of U.S. lawmakers led by Senate Majority Leader Chuck Schumer arrived in China on Saturday in the first congressional visit to the country since 2019. The trip comes amid a sharp …
