Unknown hackers claimed to have stolen data on as many as a billion Chinese residents after breaching a Shanghai police database, in what industry experts are calling the largest cybersecurity breach …
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US Envoy to Beijing Urges China to Stop Spreading Russian ‘Lies’
The US ambassador to China called on the Foreign Ministry in Beijing to stop spreading Russia’s “lies,” in an unusually direct and public rebuke by the top American diplomat in the country. Most Read …
China central bank upgrades currency swap with HKMA, expands size
BEIJING: China’s central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a permanent agreement and expanded the size to 800 billion yuan ($119.40 billion) from 500 …
China has changed the substance of the zero-Covid policy without changing its name, says HSBC
Steven Sun of the bank discusses the “fundamental change” and says China’s top priority is stimulating the economy.
China still weighing up risks of engagement with Afghanistan’s Taliban government, say experts
It did not help that more than US$9 billion in Afghan central bank assets held in Western countries were frozen after the Taliban took power. Around 75 per cent of Afghan governme …
China and Hong Kong to launch rate ‘Swap Connect’ toward financial integration
The move, announced on the same day China and Hong Kong launched ETF Connect, and came after similar schemes facilitating cross-border stock and bond investments, represents the latest efforts toward …
China to Start Swap Connect With Hong Kong in Six Months
(Bloomberg) — China will allow international investors to access its interest-rate derivatives market through Hong Kong, bolstering the city’s status as a financial gateway to Asia’s largest …
China’s central bank upgrades currency swap with HKMA, expands size
Upgraded agreement could provide long-term liquidity support to Hong Kong market. Read more at straitstimes.com.
China cetral bank upgrades currency swap with HKMA, expands size to 800 billion yuan
China’s central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a standing swap agreement and expanded the size to 800 billion yuan ($119.40 billion) from 500 …
China central bank upgrades currency swap with HKMA, expands size to 800 billion yuan
China’s central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a standing swap agreement and expanded the size to 800 billion yuan ($119.40 billion) from 500 …
Oil Dragged Lower Amid Recession Concerns, China’s Virus Fight
Oil retreated as investors weighed concern a global slowdown will erode demand and China reported widening Covid-19 outbreaks. West Texas Intermediate declined toward $107 a barrel after jumping 2.5% …
China’s equities more attractive for foreign investors
China’s equities are increasingly attracting international investors due to the prospect of the country’s stabilizing economic growth when the capital market is overcast elsewhere. A glimpse at the …
China casts giant shadow over emerging nations’ chase for debt relief
LONDON: From a US$360 million project to expand Zambia’s international airport in Lusaka to a US$1.4 billion city port in Sri Lanka’s capital of Colombo, China is the missing piece in the puzzle of a…