The NHL has been feeding Team USA – and other international teams – at the Olympics since 1998 but the league decided just days before Christmas not to send its pros to Beijing over concerns…
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Sen. McConnell upset marijuana banking legislation included in China trade bill
The COMPETES Act “goes out of its way to include provisions on, listen to this, marijuana banking,” McConnell said on Monday, Marijuana Moment reported. “China has been steadily building up its …
China issues plan for financial stability
BEIJING: China’s financial regulators have issued a plan to advance standardization of the financial sector over the 14th Five-Year Plan period (2021-2025). The authorities plan to improve …
Five Ways in Which Beijing 2022 Will Become Carbon Neutral
Below are five ways in which Beijing 2022 organisers plan to achieve carbon neutrality. 1. Low-carbon venues The first city in the world to host both a Summer and Winter Olympic Games, Beijing has …
Dame Katherine Grainger ‘not panicking yet’ about GB’s lack of medals in Beijing
UK Sport chair Dame Katherine Grainger said she was “not panicking yet” after Team GB suffered more Winter Olympics disappointment in Beijing. Big medal hope and reigning world champion …
China’s banks handle record 3.13 trillion yuan of non-performing assets
During the 2017-2021 period, China’s banks handled 11.9 trillion yuan worth of non-performing assets, which surpassed the aggregate of 12 years prior to the period and served as a key backstop against …
China’s outstanding local govt debts over 30t yuan by end-Dec
BEIJING – China’s outstanding local government debts came in at 30.47 trillion yuan ($4.79 trillion) by the end of December 2021, official data showed Wednesday. The volume was well below the upper …
Beijing’s Digital Currency Push at Winter Olympics Puts Visa in a Bind
For decades, the U.S. card giant was the only electronic-payments provider at the Games. Not this time.
HSBC Private Banking looks to China for growth
HSBC’s head of global private banking in China, Jackie Mau, explains the lender’s onshore ambitions, the future of Wealth Connect, plans for new offices and how and why China differs from other …
China issues five-year plan for financial standardisation
China’s financial regulators have issued a plan to advance standardisation of the financial sector over the 14th Five-Year Plan period (2021-2025).
China’s outstanding local gov’t debts over 30 trln yuan by end-December
China’s outstanding local government debts came in at 30.47 trillion yuan (about 4.79 trillion U.S. dollars) by the end of December 2021, official data showed Wednesday. The volume was well below the …
Economic Watch: Carbon neutrality push promises robust growth for China’s green bond market
China’s green bond market is likely to expand in 2022 and for years to come as the country is spurring investment into its pursuit of peaking carbon emissions and reaching carbon neutrality, analysts …
China’s zero-Covid policy threatens global economic growth, says Bank of Japan policymaker
The warning by a Bank of Japan policymaker follows a similar message by International Monetary Fund head Kristalina Georgieva suggesting that China reassess its approach to the virus.