China’s central bank vows ‘strong breakwaters’ to shield from external shocks
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains…
Open Questions | Why US economist Nicholas Lardy thinks the ‘peak China’ theory has peaked
Nicholas Lardy is a non-resident senior fellow at the Peterson Institute for International Economics and a member of…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
China should step up borrowing to boost domestic demand, economist says
China’s central government should borrow more to lift domestic demand through supportive monetary and fiscal policy, a Chinese…
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…
Ant Group’s Alipay and Tencent’s Weixin Pay embrace China’s cross-border payment system
China’s two largest mobile payment services, Ant Group’s Alipay and Tencent Holdings’ Weixin Pay, have adopted a new…
China’s stock rally poised to run on as household savings pour into equities
Households continued to shift money into mainland China’s US$12.7 trillion stock market last month, suggesting that a rally…
Trump assuring yuan’s future global dominance
US President Donald Trump is doing his worst to undermine the dollar with tariffs, attacks on the Federal…
Chinese province floats new use for digital yuan: paying long-delayed debts
China is mulling the application of its digital yuan – the central bank-backed currency also known as the…