China’s financial industry is undergoing significant reshuffling, with lay-offs and pay cuts part of Beijing’s efforts to reduce risks.
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China’s sputtering growth engines raise urgency for stimulus
China is considering allowing homeowners to refinance as much … with less than half of budgeted expenditure completed in the first seven months of 2024. On Friday, Finance Minister Lan Fo’an said …
Silicon Valley Bank exits China joint venture, local partner takes full control
Silicon Valley Bank exited its China join venture, not that it was bought out by a local partner, in the headline and paragraph 3)BEIJING (Reuters) – Silicon Valley Bank’s Chinese joint venture will become a…
A Vibrant Fusion of Chinese and Brazilian Musical Traditions Fills the National Library Concert Hall in Beijing
Recently, the Brazilian Mare Youth Symphony Orchestra and the State Grid Corporation of China employee musicians and singers jointly performed a cultural exchange concert to celebrate the 50th …
Economist Marc Uzan on how China can help reshape the global financial system
Marc Uzan, who has campaigned for changes to the global financial system for 30 years, says he remains optimistic about international cooperation despite the rise of unilateralism.
The pillars of China’s economy are in a free fall that’s getting worse
China is considering allowing homeowners to refinance as … with less than half of budgeted expenditure completed in the first seven months of 2024. On Friday, Finance Minister Lan Fo’an said the …
Oil Extends Drop on Signs of OPEC+ Output Boost and China Woes
(Bloomberg) — Oil pushed lower on signs OPEC+ will progress with a plan to lift output from October, while economic headwinds mount in China. Most Read from Bloomberg A Guide to Urban Swimming in …
Exclusive | French economist Marc Uzan on how China can help reshape the global financial system
China has become the world’s second-largest economy … The multilateral development banks need to try to work as a system because everyone has a stake in climate finance for climate mitigation and …
African leaders in Beijing eyeing big loans, investment
African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the …
Ruto jets out to Beijing for the China-Africa Summit
President William Ruto is set to fly out to Beijing on Sunday evening for China for the ninth Forum on China-Africa Cooperation (FOCAC). Ruto is among other heads of state who will attend the …
African leaders in Beijing eyeing big loans and more investment
African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources …
African leaders in Beijing eyeing big loans and investment
African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent. – …
China’s state-owned banks face thinner margins amid Beijing’s call to support economy
At a time when the country faces unprecedented challenges, these state-owned banking giants show their importance as the economy’s lifeline.
