China News News China » Finance: One of China's top investors says finance, not AI, is the country's biggest bottleneck
Finance would be China's weak point in a prolonged rivalry with the U.S. which has the world's deepest capital market, says Primavera Capital founder Fred Hu.
News China » Finance: Citic Capital CEO on making China a financial powerhouse
Ex-Wall Streeter Zhang Yichen on attracting capital to China, building up its bond market and helping foreign firms better serve Chinese consumers Zhang Yichen is chairman and CEO of Citic Capital ...
News China » Finance: U.S., China sign agreement to cooperate on financial stability
The U.S. and China have signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday. The agreement was part of a meeting of the U.S.-China Financial ...
News China » Finance: China seen using new tool to finance hi-tech advances amid slower economic growth
Goldman Sachs says deploying an 800 billion yuan financial instrument into strategic investments could provide an economic boost China could accelerate the deployment of an 800 billion yuan (US$117.94 ...
News China » Finance: China’s trade gap is narrowing. And other surprises
China’s GDP growth figures are often suspiciously smooth. Last year the government set a target of 5%—and the sprawling $19trn economy duly grew by just that amount, as if the combined endeavours of ...
News China » Finance: China's financial sector reports remarkable progress over 14th Five-Year Plan period
BEIJING - China's financial sector has achieved remarkable progress during the 14th Five-Year Plan period (2021-2025), with banking assets nearing 470 trillion yuan ($66.2 trillion) at the end of June ...
News China » Finance: GT Voice: How currency internationalization unlocks China-SK financial co-op
A roadshow themed "Expanding the Global Use of the Yuan and New Opportunities for China-South Korea Financial Cooperation," hosted by the Bank of China, was held in Seoul, South Korea on Monday, ...
News China » Finance: China Financial Firms Are Unusually Cash-Rich as Savers Pile In
Cash is so abundant in China’s financial markets that even traditionally liquidity-starved firms are swimming with money. Non-bank institutions like asset managers are sailing through the last few ...
News China » Finance: China makes new push to take yuan global, vows vigilance against financial risks
By Andrew Silver and Ziyi Tang SHANGHAI, June 17 (Reuters) - China announced fresh measures on Wednesday to promote the global use of the yuan and unveiled plans to better manage domestic money market ...
News China » Finance: China to Inject $44 Billion Into State Banks, Boost Tech Financing
BEIJING/HONG KONG, March 5 (Reuters) - China said on Thursday it would inject 300 billion yuan ($44 billion) into state-owned banks this year to guard against systemic risks, and boost financing ...
News China » Finance: China’s ambitions can drive Asia’s green finance collaboration
China is leading Asia’s green finance expansion, seemingly recognising the urgent need to mitigate climate risks through financial mechanisms. China continues to expand green finance policies, ...
News China » Finance: Bank of China Is Leading the Way in Green Finance
Bank of China is showing that “green” is the color of future development by fostering rapid growth in its green finance business and supporting a range of sustainable projects at home and abroad. Bank ...