China’s central bank left the seven-day reverse repo rate, which now serves as the main policy rate, unchanged last week. Recent data showed factory output and retail sales in August recorded their …
Tagged By financials
Official calls for cooperation, innovation in financial sector
The head of China’s primary financial regulator, Li Yunze, met with provincial Party and government leaders in Jiangxi and Anhui provinces from Sept 15 to 17, to discuss boosting financial support for …
Official calls for cooperation, innovation in financial sector
The head of China’s primary financial regulator, Li Yunze, met with provincial Party and government leaders in Jiangxi and Anhui provinces from Sept 15 to 17, to discuss boosting financial support for …
LIVE: Briefing on achievements in China’s financial sector during the 14th Five-Year Plan period
China’s State Council Information Office (SCIO) holds a news conference at 3 pm on Monday to present achievements made in the financial sector during the 14th Five-Year Plan period (2021-25). Tune in …
China leaves benchmark lending rates unchanged as expected, despite Fed rate cut
The People’s Bank of China kept the one-year loan prime rate unchanged at 3.0% while the five-year LPR at 3.5%, respectively, according to a statement Monday.
China Road Trip Exposes List of Uninvestable Assets in the West
A group of eight VCs from Western firms agreed to share with Bloomberg the details of a July road trip across China during which they visited factories, spoke with startup investors, and interviewed …
China expected to leave benchmark lending rates unchanged despite Fed easing
China is expected to leave benchmark lending rates unchanged for the fourth month in a row next Monday, a Reuters survey showed, after the central bank kept a key policy rate steady following the U.S.
$23bn windfall for Kazakhstan as Beijing shifts up a gear on New Silk Road
By Nizom Khodjayev in Almaty Beijing’s Belt and Road Initiative (BRI) is undergoing a transformation in both scale and geography. This is occurring amid complexities brought about by US President …
PRESS RELEASE: Global Finance Names The Stars Of China 2025
Global Finance is proud to present the winners of the 18th annual Stars of China Awards, honoring the best Chinese banks, fintech companies, asset management firms and enterprises serving China and …
Africa’s debt collector: China’s shifting role offers US a golden opportunity
For two decades, China’s strategy in Africa was straightforward: shower the continent with opaque and corrupt loans to build roads, ports, and power plants, securing influence and natural …
The Foreign Policy Significance of China’s “Anti-Involution” Campaign
China’s economic struggles have implications for its trading partners across the globe, notably in Europe. What can Beijing’s fight against ‘involution’ tell the world about its future trading …
Huang Breaks Silence On Beijing Move Targeting Nvidia AI Chips
Nvidia (NASDAQ:NVDA) stock recovered Wednesday’s losses, which had been triggered by reports of a potential ban on its artificial intelligence chips by China’s internet regulator. CEO Jensen Huang …
China tells its tech companies they can’t buy AI chips from Nvidia
After strongly discouraging tech companies from buying Nivdia’s AI chips in August, the country is now banning the practice outright.
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