A debut of the term ‘financial powerhouse’ in China’s new five-year plan will push the financial system to the front lines of industrial transformation China’s 15th Five-Year Plan is not just another …
Tagged By financials
What’s next for China’s yuan payment system? Adviser banks on close trade partners
Former ICBC chairman Chen Siqing says alternatives needed due to risk of financial weaponisation in US dollar-centric world.
Xi Has Made China’s Currency Ambition Explicit
What changes when China’s leader finally states a reserve currency ambition explicitly? Xi Jinping has now done so, calling for the renminbi to attain …
China Bank’s 2025 profit climbed 13% to record P28 billion
China Banking Corp. posted a record net income of P28 billion in 2025, up 13 percent from the previous year, as the lender’s core businesses maintained …
China leaves benchmark lending rates unchanged as Beijing signals tolerance for stronger yuan
China’s central bank kept its benchmark lending rates unchanged as Beijing manages a balancing act of supporting a slowing economy while maintaining currency stability.
The government agency relying on Wall Street to go up against China’s soft power
The Development Finance Corporation (DFC), a little-known government agency, opened its first Wall Street outpost last week — and it’s got $205 billion and a mission to out-invest China on the world …
JPMorgan analysis finds Trump’s tariffs are working on China—at a huge cost to American small business
Outflows from midsize U.S. firms to China have dropped by approximately 20% since 2024, but there’s a price.
How Does China Manage Its Money Supply?
Two ways China manages its money supply are by controlling foreign exchange rates and printing currency. In China, the People’s Bank of China (PBOC) manages the money supply by printing currency, …
How China plans to dominate global trade long after Trump
China sees an opening to turn President Donald Trump’s tariffs to its advantage by reshaping global trade in ways that would insulate its $19 trillion economy from U.S.
Beijing’s expanding grip on Central Asian debt
By Mark Buckton in Taipei As Central Asia is drawn more and more into China’s orbit, Beijing is emerging not as a source of strain but as a critical stabilising factor in the region. As…
China’s EXIM Bank has over $289 billion in outstanding Belt and Road loans, CCTV reports
BEIJING, Feb 18 (Reuters) – China’s Export-Import Bank had more than 2 trillion yuan ($289 billion) in outstanding loans supporting President Xi Jinping’s vast Belt and Road infrastructure initiative …
China second only to US in global AI finance index, with Hong Kong third as a city hub
China rated the strongest country in converting AI capacity into production use, while Hong Kong trailed New York and London as finance hub China has emerged as the world’s second most competitive …
Comment: Beijing’s T-bond trim indicative of an eventual dollar dump
By Mark Buckton in Taipei Reports that Chinese regulators have instructed banks to curb exposure to US Treasuries have prompted the usual speculation about a financial decoupling in recent days, a …
