The United States and China will hold deputy-level talks between their finance officials on Friday to discuss debt and other issues on the sidelines of a G20 finance meet in India, two sources …
Tagged By finance
Bank of Korea’s Rhee Ready to Act Over Fed, China Uncertainties
The Bank of Korea is well placed to respond to uncertainties surrounding Federal Reserve policy and China’s economic recovery, Governor Rhee Chang-yong said Friday, a day after keeping interest rates …
China Set to Overhaul Financial System Giving Xi More Control
Chinese President Xi Jinping is set to bring decision-making of the financial system further under his control with the likely revival of a powerful committee to coordinate financial policy and the …
China finance minister calls for ‘joint action’ in debt settlements
BEIJING : China’s finance minister Liu Kun said all the G20 nations should conduct fair, objective and in-depth analysis of the causes of global debt issues and resolve the problem in a comprehensive, …
China to target self-styled financial elites with ‘extravagant’ lifestyles in anti-corruption campaign
The warning comes amid China’s ongoing campaign against senior officials in the financial sector. A multitude of senior officials and executives from banks and financial institutions, and across …
Despite Beijing’s Charm Offensive, the EU-China Investment Agreement Is Not Coming Back
To repair its reputation in Europe amid strong ties with Moscow, Beijing is highlighting the benefits of closer economic ties. But efforts to resuscitate a sweeping 2020 bilateral investment agreement …
China to shake up financial system as Xi Jinping installs key associates- WSJ
Feb 23 (Reuters) – Chinese President Xi Jinping is preparing to shake up the leadership of the country’s financial system … economist Yi Gang as governor of the People’s Bank Of China, the report …
Chinese bank executive in line to take the helm at PBoC
Zhu Hexin, one of China’s most senior commercial bankers, is among the frontrunners to take over as the governor of the country’s central bank as Beijing prepares to overhaul the leadership of its …
Chinese finance veteran Zhu set to head central bank- sources
A career banker and head of a state-run financial conglomerate, Zhu Hexin, is likely to become governor of China’s central bank after next month’s annual session of parliament, according to people …
China to Shake Up Financial System as Xi Jinping Installs Key Associates
Chinese leader Xi Jinping is preparing to shake up the leadership of the country’s financial system, installing key associates to run the central bank and reviving a Communist Party body to tighten …
China already has too much access to our data. This law would make it worse
That’s why the coalition in support of the legislation that would give UnionPay access to Americans’ financial data includes a variety of left-wing organizations that consistently oppose tough …
China anti-graft body vows crackdown on finance sector corruption
BEIJING, Feb 23 (Reuters) – China’s top graft-busting body on Thursday vowed to … corrupt elements” in “resource-rich, capital-intensive areas” including finance, state-owned enterprises and grain …
China has not resolved its past lending mistakes. But it is learning from them
China emerged as a big overseas lender with astonishing speed. In the early 2000s it lent paltry amounts to poor countries. Today it is a larger creditor than either the imf or the World Bank.…