SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in …
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IMF win for China as yuan granted higher weight in special drawing rights
China’s will for opening up is unshakeable, central bank says, responding to doubts over dual circulation and zero-Covid strategies.
China’s new yuan loans contract in April as COVID hits
China’s new yuan-denominated loans totaled 645.4 billion yuan (about $95.05 billion) in April, central bank data showed Friday, 823.1 billion yuan shorter than the same month last year. The April …
Angel Koo Amps Up Sustainable Directives with China Financial Development
TAIPEI, TAIWAN / ACCESSWIRE / May 14, 2022 / China Development Financial (CDF) (TWSE:2883) has ambitiously been the first financial institution in Taiwan to announce a net-zero emissions target by …
Nairobi tollway an example of China’s new belt and road financing approach in Africa
The expressway opening in Kenya’s capital is part of a shift by China’s Belt and Road Initiative away from debt financing toward public-private partnerships.
Xinhua Headlines: Chinese embrace digital yuan as China further promotes pilot program
By Xinhua writers Ma Xiaocheng, Ye Ting, Meng Yingru. GUANGZHOU, May 14 (Xinhua) — In the Canton Tower located in Haizhu District, a landmark of the southern Chinese metropolis o …
China urges US to fulfill financial obligations to UN
The United States should shoulder responsibilities, take the lead in fulfilling its financial obligations to the UN, and act upon its commitment to multilateralism, Chinese foreign ministry …
(Poster) China in World Press: Global investment banks in China turn a profit
Global investment banks in China, such as JPMorgan Chase, Goldman Sachs and Morgan Stanley, made a profit in 2021, according to figures reported by the banks and seen by the Financial Times.
China revises rules for insurance funds investing in financial products
China’s banking and insurance regulator on Friday expanded the scope of financial products for insurance funds to invest in as it tries to improve the quality and efficiency of insurance funds serving …
Internet Stocks Rally, China’s Weight To Increase In MSCI EM, Week In Review
Asian equities were mixed but mostly higher overnight as Hong Kong outperformed, led by internet stocks on little in the way of news.
What authorities say on China’s economic situation
Financial institutions will be guided to lend more to major rural projects, according to Deng. As a primary engine for economic growth, consumption is resilient with massive potential in China, and …
Wynn Resorts, Limited: Wynn’s Demand in Macao Remains Hampered by China’s Stringent COVID-19 Policy
Find the latest Wynn Resorts, Limited (WYNN) stock forecast based on top analyst’s estimates, plus more investing and trading data from Yahoo Finance …
China reacts guardedly to Wickremesinghe’s appointment
China, one of the largest creditors of Sri Lanka, on Friday reacted warily to the appointment of Ranil Wickremesinghe as the country’s Prime Minister succeeding pro-Beijing Mahinda Rajapaksa, saying …