Canada’s finance minister says it is suspending activity with a Chinese-founded development bank while it investigates complaints by a Canadian who resigned from the lender …
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China’s world banks are geopolitical victims
China’s “World Bank” tried in vain to carefully thread the geopolitical needle. Canada, one of its members, is freezing activity at the Beijing-based Asian Infrastructure Investment Bank after its …
China’s central bank cuts key policy rate for first time in nearly a year
DOW JONES NEWSWIRES China’s central bank cut a key policy rate for the first time since August on Thursday, a widely-expected move as Beijing ramps up policy support to boost the economy …
China central bank cuts key interest rate to boost economy
China’s central bank cut a key interest rate and injected $33 billion into financial markets Thursday, as data showed the world’s second-largest economy was flagging.China’s six largest state-owned …
China Central Bank Ramps Up Policy Action With 1-Year Rate Cut
China’s central bank cut its key one-year interest rate on Thursday as it tries to juice the economy’s recovery after it lost momentum in recent months.
China cuts a key policy rate for first time in 10 months as economic rebound cools
China’s central bank lowered its key medium-term lending rates on Thursday, in a much anticipated move as the economy’s post-Covid recovery continues to lose momentum.
China cuts medium-term lending rates as economy sputters
China’s central bank cut the borrowing cost of its medium-term policy loans for the first time in 10 months on Thursday, in line with expectations, as Beijing ramps up stimulus measures to shore up a…
China won’t use ‘bazooka-like stimulus’ to fire up economy despite rate cut, but long-term problems lurk
The world’s second-largest economy is facing a series of headwinds, including its property market, mountains of debt, slowing exports and the risk of deflation China’s central bank on Tuesday lowered …
Canada freezes ties with Chinese bank AIIB over claim it is ‘dominated by Communist party’
Finance minister announces immediate review of Canada’s involvement with Beijing’s alternative to the World Bank …
Chrystia Freeland says Canada will suspend work with Beijing-based bank after allegation of Chinese government control
OTTAWA—The federal government will “immediately halt” all activity with the Asian Infrastructure Investment Bank as it reviews allegations the Beijing-based international institution — which has …
New World Bank Chief Vows to Steer Clear of US-China Rivalry
The newly appointed president of the World Bank said he doesn’t view China as a rival for the development lender and pledged to avoid getting dragged into competition between Washington and Beijing.
Canada halting all government-led activity with China-led Asian Infrastructure Investment Bank
Canada is immediately halting all government-led activity with the China-led Asian Infrastructure Investment Bank (AIIB), Finance Minister Chrystia Freeland told reporters Wednesday.
China’s finance ministry issues 12 bln yuan of treasury bonds in Hong Kong
China Ministry of Finance issued yuan-denominated treasury bonds worth 12 billion yuan about 168 billion US dollars in the Hon …
