Group of Seven nations agree to meet an overdue spending pledge of US$100 billion a year to help poorer countries.. Read more at straitstimes.com.
Tagged By finance
Is Chinese bank ICBC’s coal exit a power move for a greener belt and road?
China’s move away from fossil fuel towards renewable energy is gaining momentum after the Industrial and Commercial Bank of China (ICBC) announced it would start to phase out the financing of coal …
China’s financial institutions’ assets up 9.5% in Q1
China’s financial institutions saw expanded balance sheets in the first quarter of this year, official data showed. The country’s financial institutions saw their combined assets increase 9.5% year on …
China population: three-child policy will not ‘drastically raise birth rate’, top Chinese economist says
China’s overall population rose to 1.412 billion in 2020, but the number of new births fell for a fourth consecutive year to 12 million, with Beijing responding by allowing couples to now have up to…
To counter China, G7 leaders agree increased climate finance
G7 leaders will commit on Sunday to increase their climate finance contributions to meet an overdue spending pledge of $100 billion a year to help poorer countries cut carbon emissions and cope with …
China’s financial institutions’ assets up 9.5 pct in Q1
China financial institutions saw expanded balance sheets in the first quarter of this year official data showed The country finan …
Biden Spends The Weekend Trying To Persuade G-7 Leaders To Push Back On China
President Biden has said China poses one of the biggest strategic challenges to the United States. At the G-7, he’s tried to convince key allies to help push back against Beijing.
Arrested Chinese man involved in financial fraud: BSF
Preliminary investigation has revealed that in the last one year, Junwe supplied at least 1,300 Indian SIM cards to his counterparts in China, which were allegedly being used for stealing data and …
Op-Ed: China’s anti-sanctions law – Winding up the world the wrong way
Put simply – An enigmatic dragon will outperform predictable, rather cliché-ridden wolves anytime. This approach simply can’t work.
G7 leaders join forces to tackle China’s growing hold over poorer countries by ploughing hundreds of millions of pounds into nations indebted to Beijing
Leaders of the G7 agreed to calls by US President Joe Biden to band together to compete with China, which since 2013 has been using its ‘Belt and Road Initiative’ to finance big projects in poor…
G7 leaders join forces to tackle China’s growing hold over countries
Leaders of the G7 agreed to calls by US President Joe Biden to band together to compete with China, which since 2013 has been using its ‘Belt and Road Initiative’ to finance big projects in…
Biden to press G7 to call out China’s forced labor practices
President Biden plans to press Group of Seven (G7) leaders to take “concrete action” to call out China’s forced labor practices during meetings Saturday at a summit in Cornwall, U.K, according to …
G7 adopts global infrastructure plan, an answer to China’s Belt and Road Initiative
G7 leaders launched a plan to build infrastructure in poorer nations. In what can be a counter to China’s Belt and Road Initiative, the G7 plan is offering a “values-driven, high-standard and …
