“Uncertainties are exceptionally high,” with the outlook for the global economy likely to remain weak over the medium term, she told the China Development Forum. “It is also clear that risks to …
Tagged By finance
U.S. Bank Failures Pose Risk to Global Growth
SINGAPORE—Turmoil in the U.S. banking sector isn’t just a problem for the U.S … and the beginnings of a revival in China after Beijing in December ditched its zero-tolerance approach to Covid-19.
Bank stress brings U.S. closer to recession, Kashkari says
WASHINGTON, March 26 (Reuters) – Recent stress in the banking sector and the possibility of a follow … adding that the signing of agreements between Beijing and Brasilia has been postponed.
IMF chief warns risks to financial stability have increased; the need for vigilance” in banking sector
International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance” following the recent turmoil in the …
China to lift global growth amid uncertainty, IMF head says
It is advisable for China to make more policy efforts to raise productivity and rebalance the economy away from investment and toward consumption-driven growth, which will be more durable and helpful …
China opens ties with Honduras, Taiwan decries monetary demands
China said its foreign minister … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the …
IMF says risks to financial stability have increased, calls for vigilance
International Monetary Fund chief Kristalina Georgieva said on Sunday that risks to financial stability have increased and called for continued vigilance although actions by advanced economies have …
China seeks foreign investors with ‘long-term vision’, says senior economic official
Han Wenxui, a senior figure in the Central Financial and Economic Affairs Commission … and the country’s ageing population as two major threats to further development China is open to investment …
Central bank conducts reverse repos
The People’s Bank of China on Friday conducted 7 billion yuan ($1.02 billion) of seven-day reverse repos at an interest rate of 2 percent. The move is aimed at keeping liquidity reasonable and ample …
China rolls over $2bn loan as Pakistan races to meet IMF demand for external financing
China has approved a rollover of $2 billion State Administration of Foreign Exchange (SAFE) deposits for one year for cash-strapped Pakistan racing to secure assurance of external financing from …
China rolls over $2 billion loan to Pakistan
In a major development to secure a staff-level agreement with the International Monetary Fund (IMF), China has rolled over $2 billion, sources within the finance ministry said. For the revival of the …
China rolls over $2b in SAFE deposits
China has granted Pakistan a rollover of $2 billion in State … The rollover is not a loan but a financial deposit to be kept at Pakistan’s central bank. Finance ministry officials hoped that …
China to accelerate high-level opening-up, official says
[Photo/Xinhua] China will firmly push ahead high-level opening-up as part of its efforts to strengthen long-term development momentum, said Han Wenxiu, executive deputy director of the office of the …
ADVERTISEMENT
