GDP pointed to faster-than-expected growth against the consensus forecasts. But data breakdown paints a mixed recovery picture, which is …
Tagged By finance
China central bank head likely to step down amid reshuffle
China’s central bank chief Yi Gang is likely to step down after he was dropped from an elite body of the ruling Communist Party, with a former central banker a leading contender to succeed him,…
China’s Central Bank Chief Seen Retiring As Reformers Axed
Yi Gang, chief of China’s central bank chief, is likely to step down after being dropped from the Communist Party’s Central Committee, sources have said. There has been much speculation about the …
Green finance: Sustainability deal outlook rosy in China, Asia despite drag from interest rates, currency risk this year
Issuance of green and sustainable bonds has declined globally and in the region amid rising interest rates Bankers are bullish about ESG bond issuance in China and Asia thanks to ongoing funding needs …
Xi says China’s economy has high resilience, room for manoeuvre
China’s economy has high resilience, sufficient potential and room for manoeuvre, President Xi Jinping said on Sunday, during a ceremony where China unveiled the new members of its highest political …
Why US tech controls on China could end up hurting American semiconductors
When the U.S first banned the sale of certain tech products to Chinese tech firm Huawei three years ago, it crippled a once proud national champion and sent ripples across the U.S semiconductor …
Economic and finance shake-up on China’s Central Committee heralds new era in face of global uncertainty
The 20th party congress adopted development security, tech self-reliance and common prosperity as new overriding guidelines Reshuffle follows Central Committee retirements, banking crises and Xi …
China’s climate goals need $14tn for power and transport, says World Bank
China will need investment in power and transport estimated at $14tn to hit Beijing’s goal of net zero emissions by 2060, according to a World Bank report, as the ruling party congress this week …
China’s Xi further cements power as party congress closes
China’s ruling Communist Party wrapped up its twice-a-decade congress on Saturday, cementing Xi Jinping’s iron grip on power and revealing a new Central Committee missing two key officials lacking …
This man says he lost all his savings gambling online in China, where players visit ‘mirror’ websites that change URLs daily and fake ‘friends’ recruit gamblers in chat groups
In China, where gambling websites are blocked, companies like Bet365 use “mirror websites” which copy their real websites with URLs that change to bypass bans.
China central bank governor, economic head exit party leadership amid growth dip
The possible changes to the policy team come amid heightened uncertainty about China’s growth outlook. China’s Communist Party congress signaled a possible shake-up of the nation’s economic policy …
China Central Bank Governor, Economic Czar Exit Party Leadership
China’s Communist Party congress signaled a possible shake-up of the nation’s economic policy team at a time of heightened concern about the world’s second-largest economy.
Beijing E-Town pulls out all the stops to attract top businesses
At the opening ceremony of the Beijing 2022 Winter Olympic Games, an 8K ultrahigh-definition ground display system, the largest of its kind in the world, demonstrated the abilitie …
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