He Lifeng was close to Xi Jinping from a very early period and even played basketball with him and now will steer China’s economic policy …
Tagged By finance
Ex-China Merchants Bank President Expelled From Communist Party
Chinese authorities have expelled Tian Huiyu, former president of China Merchants Bank Co., from the Communist Party, amid an accelerating corruption crackdown on the nation’s sprawling financial …
Former president of China Merchants Bank expelled from Party for violations of discipline, laws
Tian Huiyu, a former president of China Merchants Bank, has been expelled from the Communist Party of China (CPC) and dismissed from public office over serious violations of Party discipline and laws, …
Former president of China Merchants Bank expelled from CPC, public office
Tian Huiyu, former president of China Merchants Bank, has been expelled from the Communist Party of China (CPC) and dismissed from public office over serious violations of Party discipline and laws, …
China’s net external financial assets stand at 2.0816 trln USD
China’s external financial assets stood at 9.1563 trillion U.S. dollars at the end of June and the external financial liabilities reached 7.0746 trillion U.S. dollars, resulting in over 2.0816 …
China EximBank increases inclusive loans
The balance of on-lending loans for smaller banks issued by the Export-Import Bank of China (China EximBank) hit 140 billion yuan (about 19.72 billion U.S. dollars) at the end of August, data shows.
Take Five: China’s challenges
Markets are shifting their focus east, with Chinese data and policies in the spotlight as Beijing’s once-in-five years leadership reshuffle looks set to see President Xi Jinping break with precedent …
MSCI Solicits China A Share Feedback, Hong Kong Shorts Press Again, Week In Review
Asian equities were off overnight on light volumes as Fed tightening fears reignited though the region posted gains for the week.
U.S. adds China’s YMTC and 30 other firms to ‘unverified’ trade list
The United States on Friday added China’s top memory chipmaker YMTC and 30 other Chinese entities to a list of companies that U.S. officials have been unable to inspect, ratcheting up tensions with …
Copper: All Eyes Are On China
Copper has been weighed down by China’s property sector woes and Covid-19 lockdowns. Short-term demand outlook remains weak amid recession fears and weakening global manufacturing activity.
China’s foreign exchange reserves down in September
File photo shows a worker counts banknotes of Chinese currency Renminbi (RMB) at a bank in Linyi, east China’s Shandong Province. (Xinhua/Zhang Chunlei) BEIJING, Oct. 7 (Xinhua) — China’s foreign …
China Party Congress To Highlight Trade-Offs As Growth Slows, Top Obama Asia Policy Advisor Says
“Is China going to be able to grow, given the multiple, cascading macroeconomic challenges they face?” asked Georgetown University’s Evan Medeiros at a Asia Society forum in New York on Monday …
Why China’s Central Bank May Find It Easier To Defend Yuan In Coming Weeks And Ease Currency Woes
The offshore yuan’s rally is set to push the onshore unit after trade resumes following China’s Golden Week holidays next week. This is expected to ease pressure on the central bank to defend the …