China is purging the senior ranks of its financial sector as the central government attempts to stabilize a shaky economy.
Tagged By financials
Here’s how investors can ride along as a major global commodity market shifts away from China
China has long dominated the world market for rare earth minerals … Sign up for this and other newsletters to get the latest news and advice on personal finance and investing. Picks: I’m 69, retired…
China’s central bank to lift foreigners’ single mobile payment cap to $5,000 as part of opening-up measures
The People’s Bank of China (PBC), the central bank, will guide Chinese pay-ment platforms to raise the single transaction limit for foreign nationals using mobile payment services from $1,000 to …
China’s Shimao faces liquidation suit from Deutsche Bank
STORY: Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group.That was confirmed to Reuters by two sources. This rare move by a foreign firm comes amid …
Exclusive-Deutsche Bank to file liquidation suit against Chinese developer Shimao, sources say
Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising credit defaults and …
Tuvalu’s new premier says democracy and loyalty are reasons for preferring Taiwan over Beijing
The new prime minister in the Pacific island nation of Tuvalu says his country shares democratic values with Taiwan, and that Taiwanese leaders have “been loyal to us.” …
‘Two sessions’ 2024: Chinese lawmaker urges Beijing to safeguard tech production chain to give nation a quantum edge
Guo Guoping, an NPC deputy, quantum physicist and founder of Origin Quantum, says there is a decoupling between research and application in China.
Beijing Review: Green Is Gold
BEIJING, March 1, 2024 /PRNewswire/ — On April 30, 2021, during the 29th group study session of the Political Bureau of the 19th Communist Party of China Central Committee, President Xi Jinping …
Short positions in China stocks shrink after regulatory crackdown
Short positions in China’s stock market shrank by a third in February to their lowest in more than three years, reflecting measures by regulators to curb speculation and boost investor confidence.
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports
Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising credit defaults and …
China’s Coming ‘Two Sessions’ Put Plans to Jumpstart Economy in the Spotlight
China’s “Two Sessions” policy meetings kick off next … incentives to upgrade large-scale equipment as well as moves to attract foreign investment and reform the financial sector and capital markets, …
China’s parliament to unveil more stimulus next week, bold reforms unlikely
China’s parliament is expected to unveil moderate stimulus plans to stabilise growth at an annual meeting beginning on Tuesday, but may disappoint those calling for a detailed roadmap of bold policies …
Is China Doing What the World Bank, IMF and US are Doing?
The IMF and China have not been alone in doing this, but they have had the most impact due to their financial weight. This has provided short-term solutions for creditors, who until now have avoided…
