China’s financial markets are not immune to external shocks and the COVID-19 situation also put more pressure on China’s economy, governor of the People’s Bank of China (PBOC) Yi Gang said on Friday …
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Clean at Home and Polluting Abroad: The Trouble With China’s Energy Finance
Renewables make up 3/4 of Chinese energy investments at home, but only 1/4 abroad. One reason is the Chinese financial system’s preference for SOEs, which these days are looking for markets to unload …
China probes former president of Merchants Bank for violations
Chinese authorities are investigating Tian Huiyu, former president of China Merchants Bank Co, for suspected violations, days after removing him from the nation’s top retail bank.
China central bank says to step up support to economy, maintain market stability
China’s central bank said on Friday that it would step up support to the economy and maintain market stability, amid growing headwinds such as challenges from the Ukraine conflict and supply chain …
China probes former president of Merchants Bank for violations
Chinese authorities are investigating Tian Huiyu, former president of China Merchants Bank Co, for suspected violations, days after removing him from the nation’s top retail bank.
Former president of China Merchants Bank under investigation
Tian Huiyu, former president of China Merchants Bank, has been under disciplinary and supervisory investigation, an official statement said Friday. Tian, also former Party chief of the bank, was …
China central bank says to step up support to economy, maintain market stability
China’s central bank said on Friday that it would step up support to the economy and maintain market stability, amid growing headwinds such as challenges from the Ukraine conflict and supply chain …
Former president of China Merchants Bank under investigation
Tian Huiyu, former president of China Merchants Bank, has been under disciplinary and supervisory investigation, an official statement said Friday. Tian, also former Party chief of the bank, was …
Despite Beijing’s Verbal Support, Some Companies and Banks in China Are Distancing Themselves From Russia
Ever since Russia sent troops into Ukraine nearly two months ago, China has refused to join the U.S. and Europe in condemning the Kremlin’s actions or imposing economic sanctions, with officials …
China ‘debt trap diplomacy’: ex-central bank governor slams accusations as a ‘smear’ amid warnings of global credit risks
China’s overseas lending is not a “debt trap”, former central bank governor Zhou Xiaochuan has said, after two of the world’s biggest international financial institutions warned of growing credit …
China Green Bulletin: Central Bank Calls for Clearer Classifications for Green Finance
Tsinghua PBCSF Global Finance Forum, Wang Xin, head of the research bureau of the People’s Bank of China (PBOC), called for separating carbon emission reduction from eco-environmental protection …
China capable of adapting to U.S. Fed policy changes – FX regulator
China is capable of adapting to policy changes from the U.S. Federal Reserve and authorities expect uncertainties abroad to have a smaller impact on the Chinese currency, the foreign exchange …
China ready to support small firms amid COVID outbreaks – central bank governor
In light of growing headwind, foreign finance houses have been downgrading gross domestic product (GDP) forecasts for China, increasing the pressure on China to hit its 5.5% target for 2022.
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