Correcting the major imbalances in the global economy will require collaborative international action. If he wants results, Trump will need to rein in his penchant to go it alone.
Tagged By financials
PBOC and BOE Governors Discuss Financial Cooperation in Beijing
Pan Gongsheng, Governor of the People’s Bank of China (PBOC), met with Andrew Bailey, Governor of the Bank of England (BOE), in Beijing. The discussions focused on financial stability and cooperation …
China’s economy meets official growth ambitions, but many feel a downturn
China’s economy grew 5% last year, matching the government’s target, but in a lopsided fashion, with many people complaining of worsening living standards as Beijing struggles to transfer its …
China’s consolidation of small banks accelerates to head off systemic risk
Smaller banks face more asset quality deterioration in coming years, on top of earnings pressure, Fitch Ratings director says.
Chaoyang District of Beijing Strives to Build a World-Class Waterfront Economic Zone
BEIJING, CN / ACCESS Newswire / / Throughout history, cities have flourished by embracing the power of water. Over the past few decades, waterfront cities worldwide have leveraged their unique …
China will continue to help Sri Lanka achieve financial relief
China will continue to play a “positive role” in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt …
China cash squeeze rolls on even after PBOC liquidity boosts
CHINA’S cash squeeze extended with some signs of disruption to trading, as a liquidity infusion from Beijing failed to counteract a spike in demand for funds. Read more at The Business Times.
How China Is Trying To Jump-Start A Wavering Economy, Encourage Spending
As China’s economy struggles, officials in Beijing have the arduous task of formulating a policy response that can ensure sustainable growth in what promises to be a challenging year ahead.
China’s Central Bank Injects Near-Record Amount of Liquidity Into Banking System
The People’s Bank of China pumped about $131 billion worth of liquidity via seven-day reverse repurchase agreements.
How Beijing is seeking to jump-start wavering economy
China’s economy faces challenges due to sluggish domestic spending, a property market slump, and potential trade tensions with the US. Beijing has responded with measures including expanding consumer …
How Beijing seeks to jump-start wavering economy
As China’s economy struggles, officials in Beijing have the arduous task of formulating a policy response that can ensure sustainable growth in what promises to be a challenging year ahead.
China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in…
Beijing regulator vows efforts to stabilise market
China’s top securities regulator says it will work on building a mechanism to stabilise the market, vowing to anchor market expectations in 2025 after a disappointing start to the new year.
