Zhang Yanlin, deputy head of Shunyi district, said the new cluster mainly occurred in a data centre of the Beijing Rural Commercial Bank in the district. By 4pm on Monday, the district had identified …
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Banking on Beijing
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Mixed Messages From Top China Leaders Feed Speculation of Split
Premier Li Keqiang’s warning of China’s “complicated and grave” employment situation on Saturday was particularly dire, even for someone who has sounded the alarm for months. But it was also notable …
China ‘learning lessons’ from Russia war in Ukraine, intelligence officials say
“We pretty dramatically overestimated the strength of the Russian military. I’d be surprised, for one, if China’s military strength proves to be so attenuated,” Sen. Josh Hawley (R-Mo …
Why China won’t relent on its ‘zero COVID’ strategy
In Shanghai, the long near total lockdown has meant empty streets, food insecurity, and rising anger and dissent. So why is China still pursing its iron clad COVID-zero strategy?
The U.S. will have more people by 2100 — Russia and China won’t. Why this matters to your stock portfolio now
If so, then the United States’ long-term economic prospects are relatively bright — relative to that of Russia and China, at least. That’s because these three countries’ populations are projected to …
China’s zero Covid strategy to defeat pandemic not ‘sustainable’: WHO chief
World Health Organization Director-General Tedros Adhanom Ghebreyesus on Tuesday said that China’s “zero-COVID” strategy isn’t sustainable given the virus’ ever-evolving nature. Speaking at a media …
JPMorgan’s ‘Uninvestable’ Call on China Was Published in Error
JPMorgan editorial staff in charge of vetting the bank’s research asked for “uninvestable … among global investors in relation to their China investment strategy, as they price in China …
China Has A Long-Term Retirement Savings Strategy – So Should The US
Chinese authorities announced a pilot program for a new private pension system to encourage its citizens to save for their retirement.
China Currency Crisis May Get a Sequel
China’s bulwarks against currency depreciation and capital outflows are stronger in some ways than in 2015, but the external environment is more threatening.
China fears for its overseas assets
Officials from China’s central bank and finance ministry held an emergency meeting with executives of major banks operating in China to find ways to mitigate the effects of possible US-led sanctions …
China state banks seen busy with FX swaps, pressing swap points to negative
SHANGHAI (Reuters) -China’s major state-owned banks were actively swapping yuan for dollars in the onshore forwards market on Tuesday, five banking sources said, pressuring swap points into negative …
Global financial institutions remain confident in China market
Despite COVID-19 flare-ups and increasing downward pressures on the economy, multiple global financial institutions have increased their presence or plan to do so in the Chinese market, casting a vote …
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