President Xi Jinping will arrive in Hong Kong for its 25th anniversary of Chinese rule, in his first trip to the city since overseeing twin crackdowns on political dissent and Covid-19 that risked the …
Tagged By finance
China lured graduate jobseekers into digital espionage
FT investigation reveals student translators were targeted by front company for Beijing-backed hacking group APT40 …
China needs to keep options to cut RRR, rates while waiting for bounce, says ex-regulator
China’s central bank needs to keep cuts to interest rates and banks’ reserve requirement ratio among its policy options while waiting for the economy to bounce back, a former senior official at the …
China To Subsidise Refiners, If Global Oil Prices Surpass USD 130
China, the worlds largest importer of oil, announced on Wednesday that it will subsidise its oil refiners and suspend the raising of domestic fuel prices if global oil prices surpass USD 130 a barrel.
China’s long march towards world currency domination
China has taken another small step towards reducing its exposure to the US dollar and the dollar’s dominant role within the global financial system while expanding its own influence in the …
G7 Takes Aim At China Over “Non-Transparent, Market-Distorting” Practices
G7 leaders on Tuesday condemned China’s “non-transparent and market-distorting” international trade practices in an end-of-summit statement billed as “unprecedented” by the United States.
The high costs of disengagement for China
In this new era of strategic competition between China and the West, disengagement is the order of the day. While this trend will impede economic growth, increase business costs (via supply-chain …
China’s central bank stresses importance of financial support for real economy
China’s central bank on Wednesday said that it will build an effective mechanism to provide financial support for the real economy.
Nike’s China Challenges Cloud Financial Analysts’ Outlook
Goldman Sachs said it downgraded Nike in part due to “the potential for continued Greater China Covid interruptions.” …
Manulife bids for full control of China fund JV, lured by $3.8 trln mkt-sources
Canada’s Manulife Financial Corp moved a step closer towards taking full control of its funds joint venture in China after regulators there accepted an application for the ownership change, two …
Global Views of China Dim on Human Rights Issues, Pew Finds
Negative views of China remain near an all-time high in many of the 19 countries recently surveyed by Pew Research Center, largely due to its record on human rights.
China Cracks Down on Top Bank Salaries
Chinese President Xi Jinping has said a goal of the common prosperity plan is to encourage people with high incomes to “return more to society.” …
China silencing market analysts who bring to light country’s catastrophic economic downturn
The accounts of a famous market analyst on Chinese social media have been deactivated after he highlighted the country’s catastrophic economic downturn and the consequences of government policy on the …
