China’s global renminbi lending surged 35% to a record RMB3.4 trillion as Beijing accelerates its de-dollarization push.
Tagged By finance
Cash-Strapped Pakistan Eyes BRICS Bank Seat With China’s Support But India Stands In The Way
Cash-strapped Pakistan has approached China for support in joining the BRICS-backed New Development Bank, hoping to expand its lending avenues, Nikkei Asia reported. However, India — a founding member …
Bank of Beijing to buy $18 mln city bank stake
SHANGHAI/BEIJING, April 7 (Reuters) – Mid-sized Chinese lender Bank of Beijing said on Monday it had agreed to pay 127.5 million yuan ($18.2 million) for a 19.99 percent stake in smaller …
HSBC’s Hang Seng Privatization, China Banks See Potential Upside
HSBC Holdings Plc and major Chinese lenders could show a brighter outlook for the region’s banking sector, with earnings season in China coming into full swing.
HSBC’s Hang Seng Privatization, China Banks See Potential Upside
HSBC Holdings Plc and major Chinese lenders could show a brighter outlook for the region’s banking sector, with earnings season in China coming into full swing.
PBOC Adviser Says China Has to Do ‘Something Major’ for Economy
China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser, as signs of resilience in the economy mask the damage wrought by the trade …
China Traders Defy Beijing’s Ban to Snap Up BHP Ore at a Steep Discount
BHP Group has quietly moved several iron ore cargoes into China this week, despite an ongoing standoff with Beijing’s powerful state buye …
Analysis – Beijing targets trusts to stem shadow banking risks
BEIJING (Reuters) – China is intensifying its cat-and-mouse pursuit of the 4 trillion yuan (409 billion pound) investment trust industry, with credit risks on the rise as economic growth slows. The …
Trump banking on ‘good relationship’ with China’s Xi as he heads to Asia with trade high on agenda
President Donald Trump embarks on multi-stop Asian tour as tensions between the U.S. and China escalate in the weeks leading up to a scheduled meeting with Chinese President Xi Jinping.
US Weighs Quantum Computing Boost in Effort to Counter China
The Trump administration is in early-stage conversations with quantum computing companies to discuss potential financial support for an industry that’s part of the growing race with China for …
Lam Research projects resilient revenue in 2026 despite drop from China; analysts up estimates
Lam Research (NASDAQ:LRCX) expects revenue to remain resilient in 2026 despite a significant reduction in sales to China, prompting positive feedback and higher EPS estimates from most financial firms …
China eyes currency swap with Japan and South Korea amid trade tensions: source
Beijing seeks to strengthen regional financial ties and boost yuan use as US trade pressures weigh on East Asian economies …
China is being fuelled by inspiration, not perspiration
But what exactly is this prize for which China must strive? TFP is best defined by what it is not. Some economic growth comes from mobilising more workers and giving them more machinery and …
