China’s Vice Minister of Finance Liao Min meets with a delegation from the American Chamber of Commerce in China (AmCham China) in Beijing on June 18. Photo: the official website …
Tagged By financials
China needs yuan-backed stablecoins ‘sooner rather than later’, state media urges Beijing
Beijing must be proactive in “adapting to the trend of stablecoins”, and waiting is not an option as the US has a head start, warns an article on Monday in state media that simultaneously calls…
Beijing could use Hong Kong as test bed for yuan-linked stablecoins: Morgan Stanley
Beijing’s digital currency ambitions are unlikely to unlock the full potential of the yuan’s internationalisation, analysts say.
Beijing Is First Chinese Local Gov’t to Tap Special Bonds For Gov’t Investment Fund
(Yicai) June 23 — Beijing is set to become the first local government in China to channel funds raised through the issuance of special-purpose bonds into its government-guided investment fund, …
What can we expect from the Asian Infrastructure Investment Bank meeting this week?
The Asian Infrastructure Investment Bank (AIIB) kicks off its annual meeting on Tuesday in Beijing, but why is it important for Europe? View on euronews …
China needs to take a long-term view and let the renminbi rise
The writer is an economist and also sits on the board of the Bank of China (UK). He writes in a personal capacity China faces a currency trilemma. Should its policy be for the renminbi…
Hong Kong must grow despite persistent US-China trade tensions: Paul Chan
City’s finance chief outlines efforts to diversify economy and wants Hong Kong to overtake Switzerland as world’s biggest wealth management centre Challenges and volatility will persist despite a …
China closes gap with U.S. as African countries, others join yuan payment system
China has added more financial institutions from Africa, the Gulf, and Central Asia to its cross-border yuan payment system, a bold move to strengthen the global role of its currency amid intensifying …
Could China’s rare earth pivot ease strain on the automotive sector?
China has approved some rare earth export licences, offering slight relief to strained global supply chains. Yet with shipments still down sharply and licensing opaque, Europe’s auto sector remains …
Israeli strikes big worry for Iran’s economic lifeline China, its years-long West Asia gambit at risk
Israel’s recent attacks on Iran have raised serious concerns in China, threatening to disrupt Beijing’s key energy supply routes and its hopes for a bigger role in the region, according to a report …
China’s Central Bank Seeks Bigger Role for Yuan on Global Stage
Pan Gongsheng, governor of the People’s Bank of China, called for an international monetary system in which “sovereign currencies coexist and compete with checks and balances.” …
China’s fiscal revenue falls 0.3% in January-May period
China’s fiscal revenue shrank 0.3% in the first five months of 2025 from a year earlier, narrowing a 0.4% decline in the January-April period, finance ministry data showed on Friday. Fiscal …
China’s Economic Earthquake – $300 Billion Is Falling, and It’s Just the Beginning
Evergrande’s collapse isn’t just about one massive Chinese real estate company – it’s about contagion. In a highly interconnected economy, the fall of a single company can trigger a chain reaction …
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