Xi Jinping has kept the country’s central bank governor Yi Gang in his post and retained his finance and commerce ministers, as the Chinese president defied expectations of a large-scale overhaul of …
Tagged By finance
WRAPUP 1-China chooses continuity, retaining central bank chief, finance minister
However, further announcements are expected in coming weeks as China implements a reorganisation of its financial regulatory structure and other government bodies. “Opting for continuity in these …
China chooses continuity, retaining central bank chief, finance minister
BEIJING (Reuters) – China kept its central bank governor and finance minister in their posts on Sunday, an unexpected move at the annual session of the rubber-stamp parliament prioritising continuity …
China unexpectedly taps central bank chief, finance minister to stay on
China’s central bank governor and finance minister were nominated on Sunday to retain their posts, an unexpected move at the annual session of the rubber-stamp parliament that had been expected to …
‘Money Machine’ Is Missing the Juicy Details of Chinese Banking
Review: ‘Money Machine’ Is Missing the Juicy Details of Chinese Banking Create an FP account to save articles … Shan’s Money Machine: A Trailblazing American Venture in China promises to explain the …
Silicon Valley Bank’s collapse sends shivers through China startups
Chinese tech firms have long relied on SVB for venture capital funds after traditional US banks turned them away.
Analysis-China’s debt-laden local governments pose challenges to economic growth, financial system
China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 …
Biden World Bank pick’s Chinese business ties raise vetting questions
President Joe Biden’s nominee to lead the World Bank was vice chairman of a major investor in TikTok’s Chinese parent company, his potential appointment coming as lawmakers push to ban the …
China’s Feb new yuan loans seen falling from record high: Reuters Poll
China’s new yuan loans are expected to fall in February from a record high in January partly due to seasonal factors, a Reuters poll showed, as the central bank keeps policy accommodative to support …
U.S. Sanctions Iran Drone Suppliers in China, ‘Shadow Banking’ Network
The Biden administration levied new sanctions against Chinese companies that supply Tehran’s drone program and a network of firms the U.S. says are part of a clandestine financial system Tehran uses …
Asia week ahead: Flurry of data from China plus key central bank meeting
Next week’s data calendar is packed, with a data dump from China, India’s inflation reading, Australia’s labour figures, …
Analysis: China paves Sri Lanka’s way to IMF funds, but debt talks remain uncertain
China’s pledge to support Sri Lanka’s debt reorganization, a major step for the island nation in securing an IMF lifeline, provides little clarity on how negotiations will unfold or whether this could …
China’s unambitious goals reflect growing worries: podcast
The People’s Republic is hoping to deliver 5% GDP growth this year and is creating a new finance watchdog. In this Viewsroom podcast, Breakingviews columnists discuss how jitters in real estate could …