The former chairman of the Bank of China has been indicted on bribery charges, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping’s …
Tagged By banking
Senior Chinese Official Warns Blinken US-China Tech War ‘Will Backfire’
China’s foreign minister told the U.S. secretary of state that Washington should lift “illegal unilateral sanctions” against Beijing’s companies.
China Stocks Struggle to Rally at Reopen Despite Upbeat Data
Chinese stocks saw modest gains as onshore traders returned from the Lunar New Year holidays, with broader caution toward the market offsetting buoyant travel and spending data.
FX Daily: China re-opening barely causes a ripple
We think it’s going to take more than just news of increased travel and spending to move the needle on global growth …
Here’s why most investors are dead wrong about China — and what stocks can teach them
What few fathom, while fearing that China will eclipse the West, is that stocks have been predicting China’s descent for far longer, writes Ken Fisher.
Hong Kong and other Greater Bay Area cities pledge more cooperation as Beijing’s cross-border powerhouse plan marks fifth anniversary
The officials were exploring ways to fine-tune Beijing’s plan to create a cross-border economic powerhouse by linking 11 cities and more than 86 million people on the fifth anniversary of the …
China’s Wang Yi tells Blinken U.S. should lift sanctions on Chinese firms
Washington should lift sanctions on Chinese companies and individuals, China’s Foreign Minister Wang Yi told U.S. Secretary of State Antony Blinken.
More foreign-owned financial institutions waiting to enter China’s market
China’s securities regulator recently sent feedback to Citi regarding its application to establish a wholly foreign-owned securities unit in China. Analysts said that judging from the recently …
China urges collaboration amid calls to reduce financial risks
(MENAFN) During his address at the Munich Security Conference, Chinese Foreign Minister Wang Yi cautioned against efforts to exclude China from global trade under the guise of mitigating dependency, …
China exempts stamp tax on offshore trade in Shanghai free trade zone
The contract note of offshore resale business carried out by the enterprises registered in China (Shanghai) Pilot Free Trade Zone and Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone …
‘It’s legalised robbery’: anger grows at China’s struggling shadow banks
While Sichuan has not disclosed its holdings, they are likely to include property assets. Trusts have disproportionately helped to finance China’s real estate boom, which since 2008 has been one of …
China c.bank leaves key policy rate unchanged under shadow of Federal Reserve
China’s central bank left a key policy rate unchanged as expected on Sunday when rolling over maturing medium-term loans, with uncertainties around the timing of an easing by the Federal Reserve …
China’s Wang Yi tells Blinken US should lift sanctions on Chinese firms
BEIJING (Reuters) -Washington should lift sanctions on Chinese companies and individuals, and that attempts to de-couple from China would only hurt the United States, China’s Foreign Minister Wang Yi …