Russian officials want China’s help in developing an international payment system that would allow Moscow and Beijing to undermine the global primacy of the U.S. dollar.
Tagged By finance
Former Head of China Development Bank Branch Kicked Out of Communist Party
Fu, 60, was the president of the Henan branch of China Development Bank (CDB) from 2016 to December 2020. Since then, he acted as a senior expert at the policy bank. He was put under…
China should end its anti-COVID lockdowns, the head of the IMF says
The change could calm widespread protests, and would ease the impact to a world economy already struggling with high inflation, an energy crisis and disrupted food supply.
Zero-COVID Protests in China Have Rattled Global Markets
Global markets and oil prices are fluctuating as the world’s second-biggest economy struggles to contain rare protests.
China Protests Trigger Investment Uncertainty
Anti-government protests have broken out across China in recent days as demonstrators object to the country’s stringent zero-Covid policies. Tensions fl …
Why China should be off the hook for climate finance
The most important outcome of COP27, the climate summit in Egypt earlier this month, was the creation of a new UN-administered fund to compensate developing countries for the costs they incur from …
Some markets cheer as China vows to vaccinate more elderly. Analysts see positive movement by officials.
European stocks rallied on Tuesday morning responding to a conference by Chinese health officials, which revealed vaccinations in the elderly would be ramped up …
In China’s Slumping Economy, Pinduoduo’s Reclusive Billionaire Founder Has Managed To Gain $15 Billion
China’s economic headwinds and a sweeping crackdown on private … “Profitability is partially due to such time lapse,” says Liu Jun, the Pinduoduo’s vice president of finance, at the analyst call.
China, Hong Kong stocks jump as policy relief fires up property, banking shares
Stocks in China and Hong Kong bounced sharply on Tuesday, as investors snapped up property and bank shares after regulators broadened equity financing channels for developers, easing fears of a debt …
China’s Covid-Hit Economy Leaves Door Open for PBOC Easing
China’s worsening economic slump and a likely disruptive rollback of Covid restrictions will keep the central bank on its easing path, economists said, with calls growing for more interest rate cuts.
Investors hope Beijing will lift COVID curbs faster as protests rattle markets
Rare protests rippling across China over Beijing’s zero-COVID-19 policy may have unleashed a fresh wave of political uncertainty but could also hasten the reopening of the world’s number two economy, …
China Reopening Plays Rise As Pinduoduo Beats In Q3 Financial Results
Asian equities were largely lower though off their intra-day lows, except for India and the Philippines, which managed small gains while Malaysia was closed for a holiday.
Goldman Sachs sees 30% probability of China reopening before Q2 of next year
Yahoo Finance’s Jared Blikre breaks down the move in crude oil and how China stocks are performing as protests erupt.
