When President Biden met President Xi Jinping on Wednesday on the edges of Silicon Valley, there was a subtle but noticeable shift in the power dynamic between two countries that have spent most of …
Tagged By financials
Ethiopia’s new debt-service suspension to mirror China deal – finance ministry
An agreement being finalised with Ethiopia’s official bilateral creditors is expected to largely mirror a previous deal with China that suspended debt payments for the fiscal year ending next July, a …
GT Voice: Geopolitical factors can’t derail China’s financial development
From Washington’s ban on US investment in certain sensitive technologies in China, to a US government directive that halted a federal pension fund’s plan to invest in Chinese stocks, media reports …
China financial regulator steps up risk management of trust companies
China’s National Financial Regulatory Administration on Thursday issued interim measures for the supervisory rating of trust companies to step up risk management of the firms, according to a statement …
China’s fiscal revenue grows 8.1% in Jan-Oct
BEIJING, Nov 15 (Reuters) – China’s fiscal revenue grew 8.1% in the first 10 months of 2023 from a year earlier, slowing from the 8.9% growth in the January-September period, finance ministry data …
Insight: China’s not-so-special economic zone embodies a harsh new reality
Tony Xiong is among the latest arrivals to the glitzy office towers in the newest part of Shenzhen, built to showcase China’s economic miracle. He won’t spend any personal time in the area.
Apple’s China ties under Congressional scrutiny after Jon Stewart cancellation
As China seemingly seeks to deepen financial ties with US companies, the committee’s letter pointed out that Apple’s reliance on China as a market and manufacturing hub may be a prime example of what …
China leads list of labor abusers, sometimes akin to slavery, detected on fishing vessels worldwide
A new report has identified nearly 500 industrial fishing vessels where workers face hazardous, forced conditions sometimes akin to slavery …
It’s Too Soon to Bet on China’s Housing Turnaround
Chinese housing stocks jumped after an unconfirmed report of stronger support for the market—and very poor housing data.
China Pumps Cash Into Banking System to Support Stimulus Funding
China injected the largest lump of cash in nearly seven years into the banking system with one-year policy loans, as funding demand will rise to bolster economic growth.
China central bank boosts liquidity injection via policy loan; rate unchanged
China’s central bank boosted liquidity injections but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. The People’s Bank …
China’s Fiscal Revenue up in October Amid Tentative Recovery
BEIJING (Reuters) – China’s fiscal revenue grew 2.6% in October from a year earlier, after a 1.3% fall in September, marking the first monthly growth since July, according to Reuters calculations …
Beijing’s top official in Hong Kong calls on financial hub to serve as strong catalyst for country’s development goals
City should aim to attract international capital to stop ‘some nations’ from severing the country’s supply chains, Zheng Yanxiong says.
