BEIJING (AP) — A former chairman of Bank of China Ltd., one of the country’s four major state-owned lenders, is under investigation by the ruling Communist Party’s anti-corruption agency, state TV …
Tagged By finance
Asia infrastructure bank says it won’t get distracted by geopolitics
The Asian Infrastructure Investment Bank (AIIB) will stick to its mandate as an apolitical multilateral lender and won’t get dragged into political disputes, even as multilateralism is severely tested …
Global Banking Woes Put Spotlight on China Regional Lenders
A global banking crisis has put China’s struggling regional lenders under new scrutiny following a sharp slowdown in the economy. But recent moves from Beijing should give investors some comfort.
Global finance CEOs make first post-COVID visits to China
A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President …
China rolls over $2 bln loan to Pakistan – finance minister
A top finance ministry official told Reuters on Wednesday that … is assurance of external financing to fund Pakistan’s balance of payments. Longtime ally Beijing is the only help Islamabad has got …
The Dollar Rules the Financial Universe. China Can’t Change That.
The financial shocks that keep hitting the dollar haven’t shaken its role in the world economy. The reasons matter. The dollar may not be eternal. But it won’t be China that knocks it down. The…
XINDA FINANCIAL will support China’s Belt and Road policy and actively follow up investment in relevant projects
This is a project that is exclusive to China and reflects the responsibility of a major country, among which many detailed projects are also worthy of attention. For many years, XINDA FINANCIAL has …
China needs to step up fiscal policy help for its economy – vice Finance Minister
China needs to step up fiscal policy assistance for its economy, Vice Finance Minister Zhu Zhongming said on Friday, adding the country will move steadily on implementing preferential tax and fee …
China to boost regulatory oversight of digital economy -c.bank official
REUTERS/Tingshu Wang BOAO, China, March 31 (Reuters) – China will beef up its regulatory oversight of the digital economy, as new technologies, especially new forms of finance, should not be blindly …
Accidents on Chinese projects are rampant, but why does Indonesia’s economy still depend on China?
In 2022, China’s investment in Indonesia – Southeast Asia’s … The fact that the government has insisted on using the state budget to finance the the high-speed train project, despite initial …
China’s banking troubles are not the same as Silicon Valley Bank, economist says
New rules released this month give the party a more direct role in regulating China’s financial industry. Zhu said he expects this overhaul to streamline financial oversight, and warned of a period of …
China’s Green Debt Pioneer Says Transition Market Is Even Bigger
A new kind of environmentally focused investment — known as transition finance — is poised for a boom in China that will dwarf its 25 trillion yuan ($3.6 trillion) green debt market. That’s the …
Widening US-China Rate Gap Set to Weigh on Yuan’s Resilience
The spread between three-month yuan Shibor, an indicator of Chinese bank wholesale borrowing costs, and the dollar Libor equivalent has expanded to the widest since November after shrinking late last …
