U.S. Treasury says it’s in contact with financial regulators after China’s biggest bank says it experienced a ransomware attack that reportedly disrupted trading in the U.S. Treasury market …
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China can raise 2024 budget deficit ratio to spur growth – c.bank adviser
China can raise its budget deficit ratio next year to support the economic recovery because there is still space for the central government to issue more debt, Wang Yiming, a policy adviser to the central…
China To Legalize Shadow Banking?
The Financial Times reports that China’s government is moving to regulate the shadow banking sector, while at the same time officially legitimizing these alternate sources of funding.
China’s budget deficit ratio can be increased next year – c.bank adviser
China’s budget deficit ratio can be increased next year, Wang Yiming, a member of the Monetary Policy Committee of the People’s Bank of China (PBOC), said on Friday at the Caixin Summit in Beijing. The…
(CIIE) 3rd LD-Writethru: Xinhua Headlines: China’s import expo yields record-breaking deals, boosts global economy
SHANGHAI, Nov. 10 (Xinhua) — The just-concluded sixth China International Import Expo (CIIE), the world’s first national-level import-themed expo, saw a total of 78.41 billion U.S. dollars’ worth of …
Why Albanese’s ‘pretty massive’ Pacific pact will irk Beijing
But, of course, that’s exactly what Beijing has been working towards for years. China’s security agreement with Solomon Islands shocked Australia last year, a signal failure of Australian defence …
Ron DeSantis’ China ‘crackdown’ and its contradictions | Editorial
Gov. Ron DeSantis’ “crackdown on Communist China” is filled with contradictions of the governor’s own making, including his Department of Emergency Management leasing a
Biden and Xi will meet Wednesday for talks on trade, Taiwan and managing fraught US-China relations
WASHINGTON (AP) — President Joe Biden and Chinese President Xi Jinping will meet Wednesday in California for talks on trade, Taiwan and managing fraught U.S.-Chinese relations in the first engagement between the leaders of the…
China is making too much stuff—and other countries are worried
Overcapacity in China, combined with too much production elsewhere, “can trigger deep crises in the steel industry in the future,” said Ulf Zumkley, chair of the steel committee of the Organization for Economic Cooperation and…
China’s ICBC, the world’s biggest bank, hit by cyberattack
The U.S. financial services division of Chinese bank ICBC was hit with a cyberattack that reportedly disrupted the trading of Treasurys.
China’s dual circulation pattern provides more space for int’l high-quality imports: Hussain Haider
CIIE is one of the biggest signs of the opening-up of the Chinese economy. It is encouraging that China’s “dual circulation” development model provides more space for international high-quality imports, Haider said.
Koi emerges as new source of souring relations between Japan and China
Here’s what you need to know about the fish and their role in the dispute:
China delay in approving Broadcom’s purchase of VMware `clearly political’ – report
Bloomberg reported Tuesday that China’s Xi is set to meet with a slew of U.S. business executives later this month during his visit to San Francisco for the Asia-Pacific Economic Cooperation summit as he seeks…