One forum to discuss them will come later in February in Bengaluru, Yellen said, where G20 countries will convene a debt restructuring roundtable in which China’s finance minister and central bank …
Tagged By finance
Germany’s China Dependency Is Dangerous, Finance Minister Says
Finance Minister Christian Lindner is worried that Germany’s economy is becoming too reliant on China and called for closer trade ties with democratic countries to counteract this dependency.
China Jan new bank loans jump more than expected to record 4.9 trln yuan
BEIJING (Reuters) – New bank loans in China jumped more than expected to a record 4.9 trillion yuan ($720.21 billion) in January as the central bank looks to kickstart a recovery in the world’s second…
China’s new yuan loans at 4.9 trln yuan in January
File photo shows the headquarters of the People’s Bank of China in Beijing, capital of China. (Xinhua/Cai Yang) BEIJING, Feb. 10 (Xinhua) — China’s new yuan-denominated loans totaled 4.9 trillion …
China’s loan growth beats consensus but results are unbalanced
China’s loan growth is usually strong in the first quarter of the year. But this time, we saw a historic jump, pointing to strong loan demand during …
China’s outbound direct investment rises 5.2% to $145b
Overcoming the adverse impact of external environment, China’s outbound direct investment, or ODI, grew smoothly and steadily in 2022, according to the Ministry of Commerce. China’s ODI, rose 5.2 …
China to set up national blockchain technology research center in Beijing
China has given the go-ahead to set up the National Blockchain Technology Innovation Centre in Beijing to run blockchain research and development, according to local media.
China Cash Squeeze Eases as PBOC Adds 1 Trillion Yuan in 3 Days
China’s cash squeeze eased, with a gauge of overnight funding costs dropping the most in a week, after the central bank injected some $150 billion into the financial system over three sessions.
As China battles crises, HSBC bets big on India’s $400 bn pile of wealth
Soaring with global dreams,” blared the HSBC Holdings Plc ad outside an upscale Mumbai suburb in December. The 122-foot billboard displayed a tiger stalking over the British bank’s hexagonal red logo …
Yellen says China should move faster on some debt restructurings
U.S. Treasury Secretary Janet Yellen said on Thursday that she wants China to move more quickly to support specific debt restructuring for developing countries, especially for Zambia, while leaving …
Hilton says China demand to be volatile near-term, sees gradual recovery
Hilton Worldwide Holdings Inc expects demand for stays in China to be volatile in the near term due to rising COVID-19 infections, the hotel operator said on Thursday, but sees the key tourism market …
Yellen says China should delay some debt demands, move faster on restructurings
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that she wants China to move more quickly to support specific debt restructurings for developing countries, especially for …
HSBC, Bank of China (Hong Kong) push digital payment services as border reopening promises e-commerce boost
HSBC and Bank of China (Hong Kong), two of the city’s major lenders, have expanded their digital payment services to support cross-border transactions as the reopening of China’s border is expected to …
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