ING alleged ICBC breached contract terms because it released export documents for copper transactions without collecting payment, court filing says.
Tagged By finance
China and Singapore’s groundbreaking financing collaboration
China and Singapore have taken a bold step in forging a groundbreaking financing collaboration to create a more sustainable future. The two major Asian economies have established the China-Singapore …
A civilian US ‘Joint Chiefs’ for economic competition with China?
Currently, the United States lacks the necessary coordinating structures to ensure that new funding is allocated in a manner that is both efficient and effective.
China earmarks funds for crop pest control
China has recently earmarked its first round of funding this year to protect agricultural production from pests and diseases, the Ministry of Finance (MOF) said Sunday. These funds, amounting to about …
FS: Beijing wants to give more support to HK
Financial Secretary Paul Chan said on Sunday that central government officials want to give Hong Kong more support to help the SAR better unleash …
Shifting production from China is impossible, says shipping boss
Companies are expanding production outside of China to reduce the risk from rising geopolitical tensions, but the country’s dominance in world trade makes cutting it out of global supply chains …
China’s economic growth provides lift for world: IMF forum
The fast growth of China’s economy provides a welcome lift for the whole world at a time when global economic challenges are intensifying, according to experts and scholars from the International …
Economic Watch: China’s economic growth provides lift for world: IMF forum
The fast growth of China economy provides a welcome lift for the whole world at a time when global economic challenges are intensi …
Chinese couple says they were illegally detained and their bank cards confiscated
CNN’s Selina Wang reports on a massive banking scandal in China that started in April 2022 and has cost the life savings of nearly half a million people.
Foreign investor presence in China’s securities market to become stronger
A poster at a securities brokerage in Nanjing, Jiangsu province, promotes the STAR Market. [Photo by Su Yang/For China Daily] Foreign investors are expected to have a stronger presence in China’s …
China Is Trying To Erode US Dollar Dominance. Its Alternative Is Much Worse.
Alternatives to US dollar dominance can be found if one searches far enough — a bitcoin standard for nation-states for example. Stopping for the dubious promises of the Chinese state is one of the …
FS concludes visit to Beijing
Financial Secretary Paul Chan wraps up his tour of Beijing by visiting the State Council’s Hong Kong & Macao Office, the China Banking & Insurance Regulatory Commission and the Beijing Stock Exchange.
China Central Bank Hints It Will Dial Back Pandemic Stimulus
The People’s Bank of China signaled it may start gradually scaling back some of the stimulus measures implemented during the pandemic as the economy begins recovering and credit demand picks up.
