Chinese banks have begun blocking payments from Russian credit institutions that have been subject to new sanctions imposed by the US Treasury Department. Source: The Moscow Times Details: Thus, the …
Tagged By finance
China’s 2025 economic path previewed as central bank pledges ‘supportive’ monetary policy
People’s Bank of China governor Pan Gongsheng pledges to ensure adequate liquidity and lower overall financing costs for businesses and households.
China lifts trade ban on Australian beef, removing all sanctions on Aussie goods
China has lifted all bans on Australian beef, removing the last of its unofficial trade sanctions on a range of Australian products including wine, barley, cotton and rock lobsters.
China’s Central Bank Chief Signals Support for Economy in 2025
China’s central bank governor reaffirmed plans for a supportive monetary policy to promote growth next year, as the economy faces fresh challenges from a looming trade war with the US during Donald …
US Tightens Curbs on China’s Access to AI Memory, Chip Tools
The US unveiled new restrictions on China’s access to vital components for chips and AI, escalating a campaign to contain Beijing’s technological ambitions but stopping short of earlier proposals that …
Trump vs TikTok ban, American defence spending push, visa woes: 7 US-China relations reads
Days after Donald Trump’s electoral win sent shock waves of concern through Europe and Asia, India’s top diplomat seemed to mock the response, expressing confidence in being able to navigate the US …
China’s central bank revises statistical scope of M1
The People’s Bank of China (PBC), the central bank, announced on Monday that it will implement a revised statistical scope for M1 starting from January 2025. The revision of the M1 statistical scope …
U.S. ratchets up sanctions to curtail China’s AI and military tech — no more HBM memory for China
U.S. sanctions designed to restrict China’s ability to import technologies to advance of its AI and military capabilities have been strengthened for the third time.
China’s 10-Year Bond Yield Drops Below 2%. What’s Driving the Fall.
The yield on China’s 10-year government bond fell below 2% on Monday as prices on the debt instrument continued to rise. It’s a sign of further expectations of stimulus from authorities in Beijing. A …
Sanofi to invest $1 bln in insulin production site in Beijing, local authority says
French drugmaker Sanofi plans to invest 1 billion euros ($1.05 billion) to build a new insulin production base in Beijing, a local authority in the city said on Monday, citing a memorandum of …
China’s market targets are ‘just psychological’, says former regulator
Chinese authorities also see the country’s stock markets as both venues for corporate fundraising and important tools for maintaining social stability. Investors have long suspected the top leadership …
How China Is Gearing Up Against the Risk of Economic Sanctions
China is gearing up to protect its massive economy from the possibility of Western sanctions, much like those that have hit Russia since its conflict with Ukraine. In case tensions with the West over …
China Skips Politburo Readout as Investors Await Stimulus Clues
The Communist Party’s elite decision-making body skipped releasing a readout for its regular November meeting, leaving investors hungry for signs of stimulus waiting for the conclusion of two major …
