(Bloomberg) — Bank rescues on both sides of the Atlantic. Global markets in turmoil. American and European policy makers rushing to turn the tide. In contrast, China’s markets were calm and buoyant …
Tagged By financials
China calls for transparency from US over seriousness of its banking crisis
noting that financial regulators in relevant countries should take measures to protect the security of bank deposits of customers from all countries in the world. China is willing to work with other …
China will make up nearly 40% of the rise in global oil demand in 2023, Wood Mackenzie says
China will make up a sizeable portion of the world’s demand … “We don’t anticipate a global recession this year, despite recent turmoil in global financial markets following the collapse of Silicon …
China introduces new power structure to tighten control on data, tech, finance
China, with around 1 billion internet users and a vast surveillance network, is fast becoming the biggest part of the “datasphere.” One projection by Seagate a few years ago estimated the nation’s …
‘China and India, we do not want a war’, says Chinese diplomat Ma Jia
Earlier, a Joint statements couldn’t be issued at recent meetings of G20 finance and foreign ministers, due to China and Russia’s opposition to the inclusion of text denouncing the Ukraine war. “Now …
Manchin joins 21 GOP senators in push to ban China from World Bank loans
Sen. John Barrasso, the No. 3 Republican in the Senate, introduced the bill the day after China’s president met with Vladimir Putin in Russia.
China cooperation must not come at price of democracy -German finance minister
A creeping loss of democracy and freedom worldwide must not be the price for cooperating with China, said German Finance Minister Christian Lindner said in a tweet on Wednesday. That is why German …
Banking crisis: China has its own version of problems
Xi Jinping wants more SMEs to help the country meet its 5% growth target. That is placing a strain on lenders.
China’s Own Version of a Banking Problem
Previously, she was a columnist for the Wall Street Journal’s Heard on the Street and a finance & markets reporter for the paper … Get alerts for Anjani Trivedi For all the talk of China’s…
Team Biden touts Russian oil caps. Putin? He’s meeting with China to get around them.
It was a bit more than 6 months ago when the G-7 announced a novel plan to try and cap the price of Russian oil worldwide.
Brazil’s Lula to announce fiscal framework after China visit, criticizes central bank
Brazil’s President Luiz Inacio Lula da Silva attends the relaunch ceremony of the Programa Mais Medicos (More Doctors Program), at the Planalto Palace in Brasilia, Brazil March 20, 2023. R …
China Goes Risk On
Asian equities were mostly higher overnight as bank failure contagion fears receded. The People’s Bank of China (PBOC), China’s central bank, took its foot off the gas today, injecting only RMB 30 …
Number of complaints against China’s banking sector hits 69,555 in Q4 2022
BEIJING, March 21 (Xinhua) — The number of consumer complaints received by the China Banking and Insurance Regulatory Commission and its local bureaus stood at 69,555 in the fourth quarter (Q4) of …