To accomplish that goal, we need security alliances like NATO and economic institutions like the World Bank and the International Monetary Fund (IMF). Both are in need of additional funds if …
Tagged By banking
China’s Economy Might Be Down, But Don’t Expect Regime Collapse
Predicting the downfall of the CCP has been a longstanding pastime for some scholars. But Xi’s regime is stronger than that.
Joe Biden is now absolutely terrified of China – But why?
As the global power dynamics shift, Joe Biden seems increasingly uneasy about China’s growing economic clout. Delving deep into the geopolitical landscape, it’s clear that Biden is looking for a robust counter-strategy to China’s economic…
China questions why US should get first shot to chair G-20 again
Beijing asked that its displeasure be recorded, according to the people, who didnt know the reasons for Chinas objections. However, by the end of 2025 all members will have hosted at least one summit and…
Russia Seeks China, Saudi to Head Off New Financial Curbs
Russia is preparing a diplomatic offensive with countries it considers sympathetic, including China and Saudi Arabia, to fend off a push by Ukraine and its allies to further isolate Moscow from the …
China ‘Unlikely’ To Topple US As World’s Leading Economy, Says Mohamed El-Erian
China’s chances of becoming the world’s top economy might need rethinking, said Mohamed El-Erian, chief economic adviser at Allianz.
China jobs: as the iron rice bowl starts to crack amid mounting debts, can civil servants still put bread on the table?
With revenues from land sales falling by more than 20 per cent last year amid mounting debt, local governments are being forced to scale back public services Jobs with public sector or state-owned …
POLL-China’s Aug new yuan loans seen rebounding on policy support
Local governments issued a net 2.497 trillion yuan in special bonds in the first seven months of 2023, the finance ministry data have shown, as authorities accelerated special bond issuance for …
Apple lost nearly $200B in market capital in matter of days on reports of iPhone restrictions in China
Apple has lost nearly $200 billion in market value amid a string of reports citing iPhone curbs for workers in China, according to data collected by Dow Jones Market Data Group.
China may never become the world’s biggest economy and has thrown out its old playbook, Mohamed El-Erian says
Bets that the Chinese economy still has a shot at reaching the top might have to be reconsidered, Mohamed El-Erian wrote in the Financial Times. Though blowout growth of past decades has helped China …
Biden Will Seek World Bank Reform to Counter China at G20 Summit in India
President Biden will use the G20 Summit to call for debt relief for developing countries and other reforms to the World Bank and International Monetary Fund.
China’s Ant Group unveils finance AI model as race heats up
Ant Group unveiled a finance-specific artificial intelligence (AI) model on Friday and started testing consumer and professional apps for the product, joining a crowded race to deploy AI in heavily …
(LEAD) No official export ban on urea by China in effect: finance ministry
South Korea’s finance ministry said Friday it has confirmed that China has not implemented an official ban on shipments of urea by fertilizer firms and noted that the domestic supply would remain …
