Business newspaper Kommersantreported that restrictions by banks in China have been growing since December 2023, when U.S. President Joe Biden issued an executive order that could deny Chinese …
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China’s Xi and Italy’s Meloni Meet in Beijing
Chinese President Xi Jinping and Italian Prime Minister Giorgia Meloni met in Beijing on Monday as part of the Italian premier’s five-day trip to China. In her first official visit since coming to …
China Market Update: Alibaba’s Monetization Moves The Stock, Domestic Investors Plead “Jia You”
Asian equities had a strong day despite a stronger US dollar as Japan, Hong Kong, and South Korea outperformed. Meanwhile, Mainland China and the Philippines underperformed, and Thailand was off for a …
As mainland China broadens yuan’s global appeal, Hong Kong may play larger role
With geopolitics making overseas use of the yuan more common, a professor has said the time is now for Hong Kong to have a greater role in the currency’s offshore settlement.
China doubles subsidies to lift BEV sales
Exports are also coming under increased pressure from trade frictions with the US and Europe. According to the China Passenger Car Association (CPCA), retail sales of passenger vehicles in the country …
Stellantis to use EU plants for China’s Leapmotor
He said that the first shipment of 800 cars were on the way from China. During Stellantis’ H1 2024 results call, Mr Tavares also said that the firm has already decided on several vehicle assembly…
The Karakhan Manifesto and China’s Salami Slicing of Russia!
In 2005 it was bilaterally decided that the Bolshoy Ussuriysky island would be split in half and the border would run in its centre …
China’s yuan retreats; focus on Politburo meeting, major central bank decisions
SHANGHAI: China’s yuan eased against the dollar on Monday, after posting its best week since December last week, …
China’s central bank conducts reverse repos Monday
China central bank conducted 30157 billion yuan about 4229 billion US dollars of seven-day reverse repos at an interest rate of 17 percent Mond …
China Bonds Extend Bull Run, Putting PBOC’s Tolerance to Test
China’s goal of nipping a bond-market bubble in the bud was looking increasingly distant Monday as a record-breaking rally extended.Most Read from BloombergHarris’ Running-Mate Search Zeroes In on Thr …
Former vice-minister of finance on the importance of China’s insistence on reform and opening-up
Zhu Guangyao, former vice-minister of finance, told China Perspectives why China’s insistence on reform and opening-up is so important at the time of geopolitical tension and some countries’ strong …
China defends manufacturing push, says world needs more EVs
China’s manufacturing capacity is helping the world fight climate change and contain inflation, says Vice-Finance Minister Liao Min, pushing back against US Treasury Secretary Janet Yellen’s latest …
Cash-starved Pakistan engages in debt ‘reprofiling’ talks with China
Islamabad is asking that Beijing delay at least $16 billion in energy sector debt repayments and extend the term of $4 billion cash loan facility because of Pakistan’s economic troubles and dwindling …