China’s Foreign Ministry said on Monday that Chenyue Mao, the Wells Fargo banker who has been blocked from leaving the country, was involved in a criminal case and obliged to cooperate with the …
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Declining Western aid creates opportunity for China to expand development footprint in South-east Asia
China is set to expand its influence over South-east Asia’s development as the Trump administration and other Western donors slash aid, a study by …
ONYANGO: From Washington to Beijing: A shift in the architecture of global finance
China’s leadership in this space does not mean a wholesale replacement of IMF or World Bank …
China’s Dim Sum Bond Market Booms Again
Dim sum issuance tripled over three years, driven by low Chinese interest rates and growing demand for offshore renminbi funding.
China slams EU banking sanctions as tensions rise ahead of key summit
Beijing urges Brussels to ‘immediately cease’ its actions against two Chinese banks, which are accused of violating a Russia trade embargo.
China Confirms US Bank Employee Exit Ban Over ‘Criminal Case’
Beijing confirmed on Monday that an employee of US bank Wells Fargo was barred from leaving China, following reports last week that Shanghai-born managing director Chenyue Mao was under an exit ban.
US embassy in China warns exit bans risk straining bilateral relations
The US embassy in China has expressed concerns about damage to bilateral relations from exit bans, following reports that a commerce department employee had been prevented from leaving the country.
As aid from the West pulls back, China rises in Southeast Asia – study
China is set to expand its influence over Southeast Asia’s development as the Trump administration and other Western donors slash aid, a study by an Australian think tank said Sunday.
China land sales in smaller cities hit lowest level in a decade
China’s property market has struggled to rebound from a slump now well into its fourth year. New home prices across 70 cities dropped 0.3 per cent month on month in June, despite a host of…
China threatens response to EU sanctions on banks, firms
It’s the first time that Chinese banks have been added to the European sanctions list since the Russian invasion of Ukraine in 2022.
EU’s big two set to arrive in Beijing for summit
European Council president Antonio Costa and his European Commission counterpart Ursula von der Leyen will visit China on July 24. President Xi …
China keeps loan prime rate unchanged in July as expected
Investing.com– The People’s Bank of China left its benchmark loan prime rate unchanged on Monday as widely expected, with rates remaining at record-low levels as Beijing moves to shore up economic …
China bets on Western theme parks to help boost spending
Eager to revive the economy, Beijing is turning to attractions like Lego and Harry Potter to increase tourism.
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