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…
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…
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…
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…
Nomura warns China’s stock surge risks creating a bubble with little benefit to economy
China’s stock markets have surged to their highest levels in a decade, but the rally risks creating a…
Chinese researchers lodge concerns over US debt as Beijing limits exposure
Calls for China to gradually reduce its exposure to US dollar assets are growing louder as Washington’s national…