Ex-World Bank official warns to diversify away from US markets, people ‘will suffer’
A coordinated push towards global market diversification is urgently needed to shield savers from a potentially dangerous valuation…
Why Xi is walling in China’s money – and why it won’t work
TOKYO – China’s latest fix for its ailing economy: build a better birdcage. The metaphor runs deep in…
China’s policy blitz at Lujiazui Forum – what it means for markets, outflows and the yuan
With Chinese financial regulators taking further steps to broaden outbound-investment channels and facilitate cross-border capital flows, analysts see…
As de-dollarisation trends persist, can the yuan take the euro’s place?
In early April, hours after US President Donald Trump threatened to bomb Iran “back to the Stone Ages”…
Can currency swaps make China a lender of last resort? Ex-PBOC official weighs in
China should position itself as an international lender of last resort to help out in global emergencies and…
China presses IMF for quota reform, better surveillance of advanced economies
China’s central bank chief has urged the IMF to serve as a bulwark against “rising unilateralism”, at a…
China sets yuan at strongest rate in years as Greenland furore affects US dollar
China’s central bank has strengthened the yuan’s daily fixing rate to break through the psychologically important level of…
China to hide bad debt records for pandemic-hit borrowers who repay small loans
China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their…
China digs in for trade ‘struggles’ as Beijing eyes dual strategy of growth and resilience
After witnessing the effects of a tumultuous trade war with the United States this year, China’s top leaders…
Experts doubt China will lift bitcoin mining ban despite uptick and excess energy supply
A mild uptick in bitcoin mining in China has prompted calls for Beijing to loosen its restrictions and…
In China, Ray Dalio discusses global debt issues as Beijing seeks his counsel
As China works to defuse its debt risks, and with unchained US borrowing rocketing skyward, Ray Dalio finds…
China expands ‘circle of friends’ as overseas investors boost domestic assets
China’s top financial officials said the country’s assets have become much more attractive to overseas capital in the…