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Contrasting remarks from one of China’s top economic officials and Hong Kong’s financial chief define the challenges and opportunities facing the city’s economy.
Beijing leaders assure nations, regions and groups attending Shanghai showcase that country’s middle-class consumer colossus can drive global recovery.
High-powered bankers at Global Financial Leaders’ Investment Summit hear how mainland China will consolidate Hong Kong’s status as financial hub.
Why a downsized People’s Bank of China reflects major shifts in the nation’s financial governance strategy.
Amid growing calls in the European Union to “de-risk” ties with Beijing, a high-level financial dialogue between China and Germany put the focus on cooperation.
Third meeting of Economic Working Group also covered financial cooperation within the G20 framework, industrial policies and debt issues.
Discussions will cover topics including the macroeconomic outlook, the two countries’ investment-screening regimes and coordination on debt and climate change, officials said.
Head of the Supreme People’s Procuratorate’s economic crimes office says targets will include insider trading and market manipulation.
China’s official manufacturing purchasing managers’ index rose slightly to 49.2 in January, but the gauge remained in contraction for a fourth consecutive month, data released on Wednesday showed.
He Lifeng tells cadres to step up support for ‘high-quality development’ to stem loss of confidence and entice sceptical investors.
Bilateral policy matters like financial stability, capital markets issues and anti-money laundering raised at meeting in Beijing.
Russian Prime Minister Mikhail Mishustin is back in China for the second time this year, and the neighbours’ latest trade deal involves greater oversight of capital flows and bonds.
Construction of the factory was delayed by the Covid-19 pandemic, but the site is expected to open in 2025, sources say.
Beijing hailed the deal as ‘great news’, while the city state said the new 30-day arrangement would come into force early next year.
The two officials discussed potential areas of cooperation within the digital economy, renewable and clean energy sector, on the second day of Lawrence Wong’s four-day visit to China.
In lead-up to China-EU summit on Thursday, China’s foreign minister says if the two sides choose dialogue and cooperation, there will be no bloc confrontation.
The Communist Party’s Central Financial Commission says finance must be leashed to the real economy or risk big losses.
The Communist Party’s Central Financial Commission has been convened, with Premier Li Qiang at the helm, to oversee finance more directly and get ahead of potential sources of economic risk.
Premier Li Qiang presided over a meeting of the Central Financial Commission as director and laid out the immediate trajectory of the commission’s work.
Treasury secretary tells reporters she discussed the issue with Chinese Vice-Premier He Lifeng.
Both sides face multiple potential flashpoints with uncertainty likely to continue for ‘a very, very long time’, one analyst says
Stable relationship between the two powers ‘good for everyone’, the 21-member forum hears on day two of California summit.
The National Administration of Financial Regulation will have a department to oversee emerging industries.
ICBC has pumped funds into its US unit to pay US$9 billion for unsettled trades and has hired a cybersecurity firm after a ransomware attack.
US does not intend to decouple its economy from China’s, Yellen says, while highlighting need to maintain ‘resilient lines of communication’.
China has come under pressure to offer more relief to heavily indebted nations amid allegations from other countries that it has engaged in ‘debt-trap diplomacy’.
Working meetings on disputed waterways, arms control and financial governance among the forerunners to summit between presidents.
India will be concerned whether growing US-China ties will affect ‘bandwidth for a more robust response’ to Beijing, analysts say.
US Treasury secretary says ‘use of economic tools for national security purposes’ will be a topic on the agenda for talks in San Francisco with He Lifeng.