China's expanding role in the global financial system reflects a deliberate and strategic effort to create a more balanced ...

Q1 2025 Earnings Conference Call April 29, 2025 1:00 PM ETCompany ParticipantsAndy Hedberg - VP, IRChristophe Beck - Chairman ...

Some claim China as the model par excellence of market liberalisation and the superiority of private sector driven growth. Others equally argue that China’s model is one of planning and state ...

Zhang Jun, chief economist at China Galaxy Securities, said the central bank is expected to employ a combination of both quantitative and structural policy tools, including cutting RRR and ...

Bessent urged a full reset of IMF and World Bank mandates, slamming decades of “mission creep” and vague priorities. He called China’s export-heavy model unsustainable, blaming it for ...

Reed Bank – a contested area of the South China Sea believed to be rich in gas and oil – could become a future hotspot for stand-offs and conflicts between China and the Philippines ...

BEIJING -- China will maintain the basic stability of the RMB exchange rate at a reasonable and balanced level, Zou Lan, deputy governor of the People's Bank of China (PBOC), told a press ...

said the two banks were DBS Bank and Bank of China, Singapore (BOC). DBS said the customer statements of around 8,200 customers were potentially compromised, while BOC separately said that the ...

MOSCOW (Reuters) -Major Russian banks have set up a netting payments system dubbed "The China Track" for transactions ... suffered any major setbacks. Each bank runs several verified payments ...

SHANGHAI (Reuters) -China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion, in what is seen ...