China’s yuan is also unlikely to displace the US dollar in global finance, the think tank added. “This means that Beijing can’t really help Moscow in its crusade against the dollar.” Russia’s growing …
Tagged By financials
China urged to stop saddling poor countries with hefty debts
The World Bank is encouraging Beijing to lend more responsibly to developing nations, as aid becomes a battleground for geopolitical competition.
China continues to shrink overseas development finance
China cut its overseas development finance further in 2020 and 2021, signalling the end of a boom in the supply of Chinese money to low- and middle-income countries driven by its Belt and Road …
How To Invest In China
China is the second largest and one of the fastest-growing economies in the world but has largely failed to capture the attention of overseas investors.
The U.S. Is Trying to Control Chip Exports to China. Signing Up Key Allies Isn’t Easy.
The Netherlands is a crucial part of the semiconductor supply chain. Bringing it on board the chip ban could take years, writes.
China’s Jan new yuan loans seen hitting record high on policy support- Reuters poll
Yuan loans extended by Chinese banks likely surged to a record high in January as the central bank moved to shore up growth in the world’s second-biggest economy following a lifting of pandemic …
Beijing regulator warns about NFT speculation, illegal fundraising. Crackdown coming?
Beijing’s market regulator warned that projects marketed in the country as non-fungible tokens or with metaverse-related concepts risk being involved in illegal fundraising or fraudulent activities.
China’s Open Borders Will Lift Australian GDP, ANZ Bank Says
China’s reopening is expected to raise Australia’s gross domestic product by 0.4 percentage points over the next two years, Australia & New Zealand Banking Group Ltd. said.
Beijing regulator warns about NFT speculation, cites illegal fundraising risk
Beijing’s market regulator warned that projects marketed in the country as non-fungible tokens or with metaverse-related concepts risk being involved in illegal fundraising or fraudulent activities.
New photos show the Navy recovering downed China spy balloon off U.S. coast
A Chinese spy balloon was shot down on orders of President Joe Biden, and his administration is considering other actions, Sen. Chuck Schumer said.
Disney removes ‘Simpsons’ episode with China ‘forced labor’ reference from Hong Kong
This is the second episode of the animated series to become inaccessible in the Chinese territory, where a national security law has raised growing censorship concerns.
A Memo and Balloon Help Media Inflate China War Hype
For Fox News, the balloon incident meant that the US has stepped closer to war with China, because China “is preparing its citizens for war” (2/4/23) and collecting information for a future …
Republicans Home In on China Policy Following Balloon Shootdown
House Republicans held a pair of hearings Tuesday to weigh responses to counter Beijing’s economic and military power.