A Shanghai court seemed to validate bitcoin as a unique digital currency, but deeper analysis shows a more nuanced story …
Tagged By banking
China signals more support for struggling local governments
The central government formalized a process for local governments to borrow for the year ahead — starting in the preceding fourth quarter, state media said.
China’s Xi makes first known visit to central bank -sources
Chinese President Xi Jinping made his first known visit to the nation’s central bank since he became president a decade ago, two sources with knowledge of the matter said, as China’s economy and financial markets…
China names Lan Foan as new finance minister amid stimulus push
BEIJING (Reuters) – China has appointed Lan Foan, a technocrat with little central government experience, as the new finance minister, state media said on Tuesday, as the government ramps up fiscal stimulus in a bid…
China Names Lan Fo’an as Finance Minister to Tackle Debt Risks
China picked Lan Fo’an as the Minister of Finance to replace Liu Kun, handing Lan the responsibility over a plan to diffuse local government debt risks.
Xi Jinping’s Historic Visit to Central Bank Signals China’s Economic Focus
China’s President, Xi Jinping, recently made a historic visit to the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE). It was reportedly the first time since he …
China’s Xi Jinping makes central bank visit – Bloomberg News
Chinese President Xi Jinping made his first known visit to the nation’s central bank since he became president a decade ago, Bloomberg News reported on Tuesday citing people familiar with the matter.
China’s Stock Market Hits Two-Year Low: An Ominous Shadow on Global Finance
In the labyrinthine world of finance, China’s stock market has slipped into an ominous shadow. The country’s financial pulse has plummeted to its most feeble rhythm since 2019. A protean blend of a …
Banking on Beijing: The Aims and Impacts of China’s Overseas Development Program
Dreher and his colleagues go behind the scenes of AidData’s multiyear, cross-national effort to collect and standardize information on China’s overseas development grants and loans, data that China wa …
China-US Economic Working Group holds first meeting
U.S. Economic Working Group held its first meeting via video link on Tuesday, the Chinese finance ministry said. The two sides had “in-depth, candid and constructive” discussion on the macroeconomic …
Why a downsized central bank reflects major shifts in China’s financial governance strategy
The newly established Central Finance Commission has replaced the People’s Bank of China as the nation’s most powerful financial decision maker The changes come amid concerns over years of financial …
Russia’s sanctioned VTB Bank wants to build ships with China, defiant CEO says on trip with Putin in Beijing
Russian state lender, tasked with saving a struggling state shipbuilding firm, needs China’s help as bilateral ties continue to strengthen amid external pressure CEO Andrey Kostin hails broader use of …
‘Belt and Road’ Forum: Charting the Course for China’s Global Development Initiative
In the heart of Beijing, the third ‘Belt and Road’ International Cooperation Summit Forum unfolded, marking a seminal moment in the trajectory of global development. The forum was a testament to the …
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