As the United States and China joust over high-risk disputes including Taiwan and Hong Kong, researchers at Harvard Kennedy School have stepped back to assess how the U.S.-China diplomatic rivalry has …
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China’s Central Bank calls for wider usage of digital yuan to facilitate interconnectivity
The People’s Bank of China issued a demand for further efforts between the digital yuan system and conventional e-payments.
China’s economy is facing ‘multiple binding constraints,’ economist says
Phyllis Papadavid of Asia House says she expects the economy will face a continued slowdown through the third and fourth quarters.
China wants unified QR code systems for digital yuan, central bank official says
China’s central bank is pushing for interconnectivity between its digital yuan and other traditional digital electronic payment tools through universal QR code payments, as the country expands the …
Sustainable finance: Why China is tapping into foreign banks’ expertise to aid decarbonisation push
Beijing is for the first time allowing foreign banks to access a central government facility for green finance The move will help Chinese companies tap into overseas funds that are contingent on …
China’s bank lending sees slow recovery on cautious households
China’s credit growth recovered in August from a record low after the central bank cut rates and pushed banks to lend more, although still anaemic household borrowing and the return of shadow banking …
Modernizing The IDB To Compete With China’s Debt Diplomacy
Governments have only two solutions: a revitalized Inter-American Development Bank that leverages private investment or accepting China’s debt trap diplomacy.
GM, Mercedes-Benz pile among carmakers banking on China for EV sales, not doing enough on climate crisis, Greenpeace says
The world’s largest carmakers have relied heavily on the Chinese market to increase the sales of zero-emission vehicles (ZEVs), and are not moving away from fossil fuels at a rate sufficient to limit …
China’s threshold on pain for a weak yuan facing a serious test from strong dollar
With virtually every currency weakening against the dollar, Chinese policy makers have to decide whether it’s worth their while resisting the decline of the tightly managed yuan.
China’s ‘financial invasion’: Hundreds of Chinese-controlled apps siphon off thousands of crores from India
ED investigations revealed that some Chinese nationals illegally floated multiple Indian companies, collecting thousands of crores in revenue and repatriating them to China. The siphoning off of money …
China central bank lists 19 systematically important banks
China’s central bank and banking regulator on Friday jointly unveiled a list of 19 banks that are regarded as systematically important. The banks include six state-owned commercial banks, nine …
China central bank lists 19 systemically important banks
BEIJING: China’s central bank and banking regulator on Friday (Sep 9) jointly unveiled a list of 19 banks for 2022 that are regarded as systemically important, as part of efforts to protect the …
Congress should block Treasury from financing China’s interests in America’s backyard
If approved, it would strengthen communist China’s penetration of our own backyard. Last July, the U.S. Treasury Department committed to further capitalizing the Inter-American Development Bank, the …