Therefore, [we] should strengthen financial regulations, conduct stress tests and other means to guide financial institutions to continuously improve their green financial capabilities in accordance …
Tagged By finance
China central bank calls for green finance regulation to be strengthened
China’s central bank on Saturday warned that climate change and a global move to a low-carbon economy posed risks for domestic financial institutions and said stronger regulation was required.
China Central Bank Official Calls for Orderly Carbon Reduction
China should pursue any transition to green economic activity in an orderly manner and avoid any “campaign-style” carbon reductions at its financial institutions, a deputy central bank governor said.
UPDATE 1-China, HK stocks extend rally as Beijing eases COVID rules
China and Hong Kong stocks rose on Friday as investors continued to bet on companies that stand to gain from China’s COVID policy pivot, driving up consumer and healthcare stocks. Property shares …
Explainer-How Britain is exploiting Brexit to reform finance?
Small toy figures are seen in front of a Brexit logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic/Illustration …
World Bank, IMF Heads Allowed to Skip Quarantine for China Meetings
Heads of the World Bank, International Monetary Fund and other global organizations were allowed to skip quarantine and mingle with China’s premier and journalists at a summit this week, illustrating …
Shanghai boosts efforts to become global financial hub
Shanghai will further expedite efforts to advance financial opening-up at the institutional level to reinforce its role as a rising international financial hub, an official said on Friday. Efforts …
Won’t China ever recover from COVID?
Many countries have had to navigate the balancing act of keeping the economy alive versus protecting citizens from COVID in recent years.
Bank of China offers loans to ease Chinese developer’s liquidity
A security guard wearing a mask following the coronavirus disease (COVID-19) outbreak is seen near the Bank of China in Beijing, China, October 19, 2020. REUTERS/Tingshu Wang/File Photo …
China’s premier tells world’s trade, finance leaders that its ‘doors will be opened wider’
Li Keqiang vows to ‘facilitate international exchanges and people mobility’, at annual round-table gathering featuring face-to-face exchanges with heads of IMF, World Bank, WTO and others China’s …
China $108 Billion Bond Sale Expected to Refinance Old Debt
China will sell 750 billion yuan ($108 billion) worth of special sovereign bonds next week, in a move economists said was likely to be a rollover of existing debt rather than representing new stimulus …
China’s Xi tells Gulf nations to use Shanghai exchange for yuan energy deals
China’s President Xi Jinping said in Riyadh on Friday that China and Gulf nations should make full use of the Shanghai Petroleum and National Gas Exchange as a platform to carry out yuan settlement of…
China, HK stocks extend rally as Beijing eases COVID rules
China and Hong Kong stocks rose on Friday as investors continued to bet on companies that stand to gain from China’s COVID policy pivot, driving up consumer and healthcare stocks. Property shares …