A rally in Asian shares sputtered on Thursday, pressured by a pullback in Chinese stocks and higher U.S. yields amid fears that global central banks would keep raising interest rates to combat sticky …
Tagged By finance
China sure of preempting fiscal risks
Finance minister says uneven local govt debt will be tackled to protect recovery China is capable of preempting systemic fiscal risks, Minister of Finance Liu Kun said on Wednesday. China’s government …
China finance minister expects better local govt financial situation in 2023
China’s local government financial situation is likely to improve as the economy rebounds this year, though debt risk for some authorities is high and repayment pressure is large, Minister of Finance …
Explainer: what is China’s ‘two sessions’ gathering, and why does it matter?
with a likely focus on the finance sector and maybe even state security. “Such a move would represent a significant escalation of Xi’s efforts to have party organs swallow state government ones, and …
US Treasury official visited China last week – sources
A senior U.S. Treasury Department official met with Chinese counterparts in Beijing last week, sources familiar with the matter said, reflecting Treasury’s continued desire to maintain open channels …
Bashing China is a bipartisan passion in evenly divided U.S. Congress
In a politically fractured Congress, a spate of hearings demonstrated that going after China has become one of Washington’s most unifying causes.
Canadians say Trudeau needs tougher response in wake of China actions -poll
A majority of Canadians want Prime Minister Justin Trudeau to take a stronger stance in the face of alleged election interference by China and other recent security concerns, according to a poll …
China’s policy bank issues 15b yuan of green bonds
Photo/VCG] BEIJING – China Development Bank, one of the country’s policy banks, on Wednesday issued 15 billion yuan ($2.16 billion) worth of green bonds to global investors to su …
Xi’s planned revival of Chinese financial watchdog exerts more party control
Plans by China’s Communist Party to revive a high-level economic watchdog after two decades signal President Xi Jinping push to increase oversight of the financial sector, analysts say, part of a …
China’s Finance Minister Says Local Government Finances Mostly Stable
China’s finance minister pledged to boost fiscal spending to shore up the economy and expressed confidence in managing the country’s huge government debt.
China’s factory activity stuns with fastest growth in a decade
China’s manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed on Wednesday, smashing expectations as production zoomed after the lifting of …
Asia’s Former Richest Woman Takes Over From Father Amid China’s Prolonged Real Estate Slump
Yang Huiyan became the sole chairman of Country Garden on Wednesday, after her father, Yeung Kwok Keung, announced his resignation.
China’s annual parliament to implement Xi’s tightening grip
China’s annual parliament opens on Sunday and will implement the biggest government reshuffle in a decade as Xi Jinping tightens control while contending with a host of challenges, from an uneven post …
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