Marc Uzan, who has campaigned for changes to the global financial system for 30 years, says he remains optimistic about international cooperation despite the rise of unilateralism.
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The pillars of China’s economy are in a free fall that’s getting worse
China is considering allowing homeowners to refinance as … with less than half of budgeted expenditure completed in the first seven months of 2024. On Friday, Finance Minister Lan Fo’an said the …
Oil Extends Drop on Signs of OPEC+ Output Boost and China Woes
(Bloomberg) — Oil pushed lower on signs OPEC+ will progress with a plan to lift output from October, while economic headwinds mount in China. Most Read from Bloomberg A Guide to Urban Swimming in …
Exclusive | French economist Marc Uzan on how China can help reshape the global financial system
China has become the world’s second-largest economy … The multilateral development banks need to try to work as a system because everyone has a stake in climate finance for climate mitigation and …
African leaders in Beijing eyeing big loans, investment
African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the …
Ruto jets out to Beijing for the China-Africa Summit
President William Ruto is set to fly out to Beijing on Sunday evening for China for the ninth Forum on China-Africa Cooperation (FOCAC). Ruto is among other heads of state who will attend the …
African leaders in Beijing eyeing big loans and more investment
African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources …
African leaders in Beijing eyeing big loans and investment
African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent. – …
China’s state-owned banks face thinner margins amid Beijing’s call to support economy
At a time when the country faces unprecedented challenges, these state-owned banking giants show their importance as the economy’s lifeline.
Temu’s woes are fresh signs of the doom loop headed for China’s economy
“As a result, the Chinese economy runs the risk of getting caught in a doom loop of falling prices, insolvency, factory closures, and, ultimately, job losses.” …
Can China’s yuan, now a familiar face around the world, become a must-have currency?
China’s yuan has become more acceptable to foreign countries, but authorities still maintain tight control of fund flows under its capital account.
China approves 117 video games in August, the most in 2024, amid Black Myth: Wukong mania
Alibaba owns the South China Morning Post. Other major video gaming firms whose new titles also made the cut in August include Perfect World and Yoozoo Games. Multiple titles submitted by state-owned …
China’s Giving Mixed Signals on Its Economy. That’s a Problem.
China has created a floor under currency and bond yields while also cutting rates. The measures add confusion about policy as the world’s second-largest economy sputters.