Biden’s bid to mend China-US ties after months of build-upALBAWABA – United States (US) Treasury Secretary Janet Yellen is slated to visit China, 6th through 9th of July, in a bid to mend China-US …
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Treasury Secretary Yellen set to travel to Beijing to help ease U.S.-China relations
Yellen, who has called the notion of an economic decoupling from China “disastrous,” has frequently said in the past year that she would like to visit China.
Chayora Unveils New Beijing Office as it Continues to Invest and Expand its Presence in China
Chayora Limited, a leading developer and operator of hyperscale data center campuses in China, reinforces its market commitment with the opening of a new Beijing office to further support its …
Breakthrough in restructuring debts with China: Finance Secretary to visit Beijing soon
In what appeared to be a breakthrough in the restructuring of external debts, China has pledged to fully cooperate in the process, and Finance Ministry Secretary Mahinda Siriwardane will travel to …
Explore the Emerging Future of Digital Intelligence at the Digital Finance Forum 2023, Now Underway!
The forum focuses on how to drive financial innovation and digital strategic upgrades under the new dual-cycle pattern, and help the construction of a new digital financial ecosystem, striving to open …
China’s central bank gets a new party secretary
BEIJING — The People’s Bank of China announced Saturday that Pan Gongsheng, head of the country’s foreign exchange regulator, would become the central bank’s party secretary. In a country ruled by the …
China’s insurance premium income up 10.68% in Jan-May
Premium income reached around 2.68 trillion yuan ($371 billion) during the January-May period, the NAFR said. The total assets of China’s insurance sector amounted to 28.4 trillion yuan at the end of …
Will China’s central bank defend the falling yuan as its new Communist Party chief, Pan Gongsheng, takes the helm?
People’s Bank of China promises ‘comprehensive measures’ to prevent wild swings in exchange rate as currency approaches key psychological threshold.
China’s stunted transformation
China’s growth model is undergoing fundamental change. After decades of relying primarily on external demand to drive growth, the government …
Western-trained banker to head China’s central bank
The Cambridge and Harvard alumni will take over a weakened central bank, as China’s economic recovery from three years of pandemic hangs in the balance.
China’s bond market issuances hit 5.46t yuan in May
Treasury bond issuances stood at 735.28 billion yuan, while local government bond issuances amounted to 755.35 billion yuan, according to the People’s Bank of China. In May, issuances of financial …
China names Pan as new central bank party chief, sets stage for governor change
Pan would take office at a time when President Xi Jinping is looking for ways to strengthen the economy. Read more at straitstimes.com.
China’s Xi Jinping’s drive for economic strengthening sees Pan Gongsheng named as central bank governor
Pan Gongsheng has been appointed as the new Communist Party chief, making him the likely candidate to become the next governor. The central bank has pledged to stabilize the Yuan. The change in …