Given the extent of the distrust between them, it’s very unlikely the visit will bring any major breakthroughs and US officials have been tempering expectations accordingly.
Tagged By financials
Green energy Democrats took donations from head of China-linked group pushing gas stoves ban
House Democrats who voted against two GOP proposals to block President Joe Biden from banning gas stoves accepted campaign donations from a China-linked group pushing to electrify the U.S. economy, …
Canada’s Snap Retreat From China Bank Shows Divided World
A single Tweet alleging Communist Party interference was all it took for Canada to freeze ties with a China-led development bank this week. The question now is whether other US allies will join Canada …
How Beijing’s sabre-rattling is fuelling US doubts over commitment to peaceful reunification with Taiwan
Beijing is struggling to convince the United States and its allies that its commitment to peaceful reunification with Taiwan is genuine, as a result of its assertive posture towards the island and the …
Pakistan receives US Dollar 1 billion from China
The State Bank of Pakistan (SBP) on Friday night confirmed having received the amount from China without sharing any other details about it.
Pakistan receives $1 billion from China to support critically low foreign reserves
Cash-strapped Pakistan has received $1 billion from its close ally China to support its critically low foreign reserves amidst the uncertainty to revive a stalled International Monetary Fund loan. The …
China Infrastructure Stocks Rise, Buoyed by Report of Coming Stimulus
Hong Kong-listed infrastructure stocks rose after a report that Beijing is considering issuing $140 billion in special treasury bonds to finance infrastructure projects and other initiatives to boost …
China returns $1 billion loan: SBP
Shortly after Dar’s statement, a diplomat source revealed that China had released the $1 billion on Friday. The source also stated that the $300 million debt would be treated in the same manner. These …
China’s Growing Clout on U.S. Doorstep
There’s precious little America can do about the alleged Chinese listening post in Cuba besides hardening its own communications, said one analyst.
Finance Ministry likely to impose countervailing duty on steel imports from China
The commerce ministry has recommended the continuation of an 18.95 per cent countervailing duty (CVD) on certain flat-rolled steel products from China for five years …
Cash-Strapped Pak Gets $1 Billion Loan From China Amid IMF Bailout Delays
In a major relief to the cash-strapped country, Pakistan received USD 1 billion from China, ARY News reported citing the State Bank of Pakistan.
A China-based bank that’s trying to de-dollarize global lending is now having trouble repaying its dollar debts, report says
The New Development Bank is having difficulty accessing dollars, and has largely stopped lending, the Wall Street Journal reported.
China’s Jan-May fiscal revenue growth quickens
China’s fiscal revenues grew 14.9 per cent in the first five months from a year earlier, quickening from a 11.9 per cent rise in the first four months, data from the finance ministry showed.Fiscal …