Janet Yellen expected to restate American call for firms and financial institutions in China and elsewhere to ‘cease’ backing Moscow’s defence complex.
Tagged By financials
G7 finance chiefs seek common line on Russian assets, China
G7 finance chiefs meeting in Italy this week will attempt to find common ground over how to use frozen Russian assets to help Ukraine’s war effort and how to address China’s growing export strength in…
Britain ‘cannot afford to give Beijing cold shoulder on trade’, city minister warns
City minister Bim Afolami has warned that Britain cannot afford to give the ‘cold shoulder’ to China. The comments made by the minister and MP for Hitchin and Harpenden came amid tensions between the …
China must ‘liberate’ mind, embrace primary market treasury-bond purchases by central bank: finance ministry researcher
China’s central bank is set to participate in treasury-bond trading in the secondary market, and a prominent researcher affiliated with the Ministry of Finance says purchases in the primary market …
China property: will fleet of policies to buoy sales stem slack tides in the housing market?
By allowing local governments and state-owned enterprises to buy unsold land and housing from distressed developers, China is betting a property slump weighing down the economy can be stopped once and …
Singapore’s MAS Steps Up Green Finance Partnership With China’s Central Bank
Singapore’s central bank is stepping up a green finance collaboration with its counterpart in China, it said Tuesday, as it separately announced plans to sell up to US$1.9 billion of sovereign bonds …
China’s general public budget revenue down 2.7% in Jan-April
Photo/Agencies] BEIJING – China’s general public budget revenue dropped 2.7 percent year-on-year to 8.09 trillion yuan ($1.14 trillion) in the first four months of 2024, according to the Ministry of …
Govt. to monitor impact of US tariff hikes on some Chinese imports: finance minister
A man walks in front of a Leapmotor showroom in Beijing, China, Wednesday. The Biden administration on May 14 announced new tariff rates on 18 billion US dollar worth of Chinese imports. (EPA) Finance …
MAS, People’s Bank of China further collaboration in green and transition finance
The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) discussed initiatives to advance cooperation in green and transition finance between China and Singapore at the 2nd China …
Inside the collapse of China property giants and its far-reaching economic impact
Vanke, China’s largest property developer, has managed to survive the property downturn till now, but escaping the long-term real estate crisis seems questionable.
Beijing’s sanctions are worthless
China lobs worthless sanctions at outsiders, but these unexpectedly knock the legs out from under Beijing, showing how utterly ineffective it is. All it can do is sit back in embarrassment from its …
China’s capital markets set for ‘renewed growth for many years to come’ after Beijing’s rescue actions: investors
Consumer and entrepreneur confidence should ‘continue to pick up from this point’ as Beijing’s efforts strengthen the capital markets and enhance Hong Kong’s connector role, say speakers at the …
China’s biggest banks launch first sales of special loss-absorbing debt
China’s biggest banks have launched their first-ever sales of a special kind of loss-absorbing debt, moving closer to meeting international requirements designed to avoid repeats of the 2008 financial …
