Arm, one of the biggest chip manufacturers currently operating, has split from its Arm China joint venture. The British chip designer has now transferred its shares in this joint venture to an …
Tagged By finance
China’s draft financial stability law takes aim at ‘scattered’ rules governing systemic risks
The People’s Bank of China (PBOC) says existing legal framework ‘lacks overall design and cross-industry and cross-departmental arrangement’ New law will be ‘credit positive’ for Chinese financial …
China seeks to shield service-sector firms from pandemic shock
While enterprises in the service sector are grappling with domestic resurgences of COVID-19, China has rolled out a host of measures to keep their businesses afloat, in an effort to stabilize …
China’s financial rescue fund may be a game-changer
As President Xi Jinping tries to bring order to Asia’s biggest economy, he’s expanding the central bank’s mandate in ways that may prove …
China’s forex reserves fall by US$26 billion amid ongoing capital outflows following Russian invasion of Ukraine
China’s foreign exchange reserves fell by US$25.8 billion to US$3.188 trillion at the end of March, the State Administration of Foreign Exchange (SAFE) said on Thursday.
China expects long-term capital inflows to return despite recent volatility
A number of foreign investment banks and research institutions pointed out heavier capital outflows from China after the start of Russia’s invasion of Ukraine …
China Fuels Expectations of Policy Rate Cut as Soon as Next Week
China has promised once again to step up monetary support, raising expectations that an interest rate cut or other easing measures could happen as early as next week. Most Read from BloombergCanada to …
China’s role in helping other nations offers example for all
China can be taken as a role model for assisting countries around the world in tackling common challenges with a shared approach and enhancing economic connectivity. Undoubtedly, during the last …
China Stocks Shrug Off Covid Outbreak as Traders Bet on Stimulus
China’s soaring Covid infections are provoking little panic in the stock market, with investors betting that the authorities will unleash stimulus to prop up growth.Most Read from BloombergU.S. Drones …
HSBC lifts stake in China securities venture to 90%
HSBC Holdings PLC boosted its holding in its Chinese securities joint venture to 90% from 51%, the latest in a series of moves by global banks to take greater ownership of investment-banking …
China solicits opinions on draft financial stability law
China has unveiled a draft law on financial stability, which is open for public opinions starting from Wednesday, the central bank said. The draft, jointly compiled by the People’s Bank of China (PBOC …
China issues draft financial stability law to prevent systemic risks
China on Wednesday issued a draft law on financial stability in a bid to further strengthen safety nets to prevent systemic financial risks in the world’s second biggest economy.China will establish a …
Germany warns against over-reliance on China trade
FRANKFURT: German Finance Minister Christian Lindner voiced concern on Wednesday (Apr 6) over his country’s heavy reliance on trade with China, saying Europe’s top economy needed to “diversify” its …
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