Can China and Indonesia’s strong financial ties withstand ‘resource nationalism’?
Back in 2009, when China’s economy was expanding at about twice today’s pace, a little-known private firm made…
China now has 7 of world’s 10 biggest banks as Beijing’s financial ambitions grow
China’s “big four” state-run banks are the largest in the world in terms of asset scale, a new…
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…
95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll
The global business appetite for China’s yuan is strengthening as Beijing’s long-term campaign to internationalise its currency gains…
Will China’s deal with Australian mining giant BHP boost yuan internationalisation?
Australian mining giant BHP’s decision to adopt a yuan-denominated index for a major Chinese buyer poses a challenge…
More Chinese banks claw back bonuses, cut salaries despite mixed profit recovery
Several major Chinese banks have clawed back staff bonuses or cut salaries amid a sluggish economic recovery and…
Exclusive | UK and China weigh cross-border asset-management scheme to deepen market ties
The UK and China are considering a new cross-border asset-management link and upgrades to their existing stock connect…
Chinese banks join the space race with satellite launches and rocket backing
Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms…
China’s $1.2 Trillion Windfall Quietly Seeps Into Global Markets
(Bloomberg) — A record trade surplus racked up by China is washing up around the world, as export…
How China’s global investment model is changing – and what it means for the yuan
Foreign direct investment (FDI) has been a crucial pillar of China’s economy since it opened up, drawing in…
China’s PBOC Vows Steps to Promote Use of Yuan Around the World
The People’s Bank of China in Beijing. Bloomberg (Bloomberg) — Chinese authorities pledged to make it easier for…
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…