Recent media reports on Kenya’s infrastructure financing trends have suggested that Japan has overtaken China in the “loans race.” Factually, this is correct. For instance, according to The East …
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‘We cannot afford to cut all ties with China’
According to the Director General of Luxembourg for Finance, this “naturally has an impact on the state treasury,” as the State receives less revenue from the subscription tax. Mackel admitted that …
Investment strategies that you can bank on
HSBC Bank (China) has just announced plans to expand its wealth management and retail banking business on the Chinese mainland, as part of its strategy to serve the evolving needs of mass affluent and …
China Presses Economic Relief Measures at Massive Teleconference
China held a massive nationwide meeting this week to coordinate implementation of plans to stabilize and support an economy beleaguered by its zero-COVID policy. The unprecedented session was convened …
Scholars discuss effective cooperation between China and LAC
The academic divisions of the Chinese Academy of Social Sciences organized a two-day online forum on development cooperation and mutual learning of development-related experiences between China and …
Draft bill to ban China’s digital yuan from US app stores
App stores in the United States shall not support or enable transactions in China’s digital currency, according to a new bill introduced by Republican senators.
Is Evergrande Actually China’s Lehman Brother’s Moment?
As U.S. President Biden recently returned from his trip to Asia there was one country that he did not visit which has significant global economic implications; China. The Great Recession and the Asian …
China’s forex market transacts 17.14t yuan in April
China’s foreign exchange (forex) market recorded transactions worth 17.14 trillion yuan, equivalent to $2.67 trillion, in April, according to official data released Friday. Specifically, the …
New Bill Aims to Ban China’s Digital Currency from US App Stores
The senators behind the bill warned of the alleged financial and surveillance risks … “We can’t give China that chance—the United States should reject China’s attempt to undermine …
With focus on economy, China underlines stabilising force of GDP growth
Premier Li Keqiang’s instruction to ‘exhaust all measures’ to stabilise economic growth contrasts with previous emphasis on quality over speed.
China to further open bond market for foreign institutional investors
China said on Friday that it would further facilitate foreign institutional investments in its bond market and coordinate the opening-up of the interbank and exchange bond markets. The country aims to …
BRICS group may soon expand, says China
China, which is the BRICS chair for this year … The BRICS-backed New Development Bank (NDB), based in Shanghai, has already inducted new members, with Bangladesh and the UAE joining last year, and …
GOP senators want to ban China’s digital currency from US apps and app stores
Three Republican senators are proposing a law to prohibit app stores from carrying apps that accept payments using China’s digital currency. The “Defending Americans from Authoritarian Digital …
