That is at least in part because China is facing a debt bomb at home: trillions of dollars owed by local governments, their mostly off-the-books financial affiliates, and real estate developers. One of the main…
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Yellen nudges China on climate finance cooperation during Beijing visit
Treasury Secretary Janet Yellen urged global financial cooperation on climate change Saturday, calling on China to contribute to international development funds during her visit to Beijing. In her remarks at a climate finance roundtable, Yellen…
Chinese-led Asian Infrastructure Investment Bank says it found no evidence it is dominated by Communist Party
The bank said it launched an internal review after former communications chief Bob Pickard quit, citing party influence and a ‘toxic culture’ Pickard says the review is a ‘joke’ and said had left …
China has been secretly fueling a renewable energy boom in Latin America—just look at Chile
Chile’s President Sebastian Pinera, right, and Chinese President Xi Jinping, left, attend the welcome ceremony at the Great Hall of People in Beijing, China on April 24, 2019. The story of renewable energy’s rapid rise…
US Treasury Secy In Beijing, Urges China To Contribute More To Climate Finance Funds
While China has expressed support for programmes aimed at helping poorer countries address climate challenges, it has been reluctant to contribute financially.
Yellen: Cooperation between Beijing and Washington is “essential” to finance climate change
The US Treasury Secretary, Janet Yellen, affirmed on Saturday during her second day of the visit to Beijing that cooperation between China and the United States is “essential” for financing climate …
Where to Find Tickets to the Beijing Olympics
Most events at the August Games are close to sold out, but here’s how to try for those few remaining tickets. Although the 2008 Summer Olympics in Beijing won’t get under way for nearly eight…
US-China Cooperation In Climate Finance ‘Critical’: Yellen
It is “critical” for Washington and Beijing to keep working together on climate finance, US Treasury Secretary Janet Yellen said Saturday, urging deeper cooperation in addressing the “existential …
Outstanding loans of China’s consumer finance firms up 17.5 pct in 2022
Outstanding loans of China consumer finance companies stood at 8349 billion yuan about 1159 billion US dollars by the end of 2
US-China cooperation in climate finance ‘critical’, says Yellen
BEIJING: It is “critical” for Washington and Beijing to keep working together on climate finance, US Treasury secretary Janet Yellen said Saturday, urging deeper cooperation in addressing the …
Yellen Urges China to Step Up Climate Finance Investments
Janet Yellen, the Treasury secretary, said China, the largest emitter of greenhouse gases, can have “greater impact” tackling climate change by working with other nations.
Keeping up pressure, China sends warships and fighter jets near Taiwan during Yellen’s Beijing visit
Taiwan’s Defense Ministry says China has sent 13 aircraft and 6 vessels to airspace and waters around Taiwan as of early Saturday.
China’s banks bear brunt of concerns around growth and debt
Chinese banks are facing increasing risks from rising non-performing loans (NPLs) and diminishing returns, making them a lightning rod for investors’ worries about the world’s second-largest economy.
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