Defense officials and analysts acknowledge that China is no longer merely a regional power but a global power on the move. Its recent moves to restore diplomatic ties between Saudi Arabia and Iran, …
Tagged By finance
Chinese-American bank ‘willingly’ provided Biden family financial records: GOP senator
“A bank from China, let’s face it, the Communist Party controls those types of institutions, they willingly gave us the documents that backed up the Treasury records,” Johnson said on “Sunday Morning …
Indian govt has 54 Chinese investment proposals pending – finance minister
REUTERS/Samuel Rajkumar March 27 (Reuters) – The Indian government has received about 54 foreign direct investment proposals from China since last year that are pending for approval, said Finance …
Saudi Aramco inks $12.2 billion China oil refinery, petchem complex deal
Saudi Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical project in northeast China that is expected to start in 2026 to meet the country’s growing demand …
Credit Agricole launches China M&A and investment banking business
Credit Agricole , France’s second-biggest listed bank, has become the latest foreign lender to boost its China investment banking operations with the launch of a new unit.
Asia FX dips as bank fears, weak China data keep sentiment dim
Asian currencies fell on Monday as persistent fears of a banking crisis kept investors wary of most risk-driven assets, while a weak economic indicator from China also dampened optimism over a …
Mark Mobius still keen on investing in China after recent hiccup, but wants Beijing to relax capital controls
My view on China has not changed and we are still looking at investment opportunities,’ Mobius says The veteran emerging markets investor believes the current banking crisis in the US and Europe will …
China vows tougher scrutiny of auditors including Big Four firms
China has pledged to toughen oversight of international and local auditors as President Xi Jinping tries to stamp out risks to the country’s financial system after a series of massive corporate …
China’s central bank conducts 255 bln yuan of reverse repos
China’s central bank continued to inject funds into the financial system through open market operations on Monday. The People’s Bank of China said on its website that it has conducted 255 billion yuan …
China creates a new world order as Biden ignores the threats
As Chinese President Xi Jinping told Russian President Vladimir Putin at the end of their three-day summit in Moscow last week, “Right now we’re seeing a change we haven’t seen for 100 years, and …
Risks to financial stability increased
“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 …
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.
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