LONDON, March 7 (Xinhua) — Recent data show that inflation in the United States runs hotter than expected and will put pressure on the U.S. Federal Reserve to further raise interest rates, the Financ
Tag: financial
China to improve regulatory mechanism on state-owned financial capital
BEIJING, March 7 (Xinhua) — China will improve the regulatory mechanism on state-owned financial capital, according to a plan on reforming State Council institutions submitted Tuesday to the national
China to unify staff management of financial regulators
BEIJING, March 7 (Xinhua) — China will unify and standardize the management of the staff of financial regulators, according to a plan on reforming State Council institutions submitted Tuesday to the
China not Africa\’s largest creditor: spokesperson
BEIJING, March 4 (Xinhua) — China is not the largest creditor of Africa as data from the World Bank shows that nearly three fourths of Africa\’s external debt came from multilateral financial institut
Commentary: Why will Chinese economy "genetically" rebound?
Aerial photo taken on Jan. 26, 2022 shows cargo vessels at Rizhao Port in Rizhao, east China\’s Shandong Province. (Xinhua/Guo Xulei)- As Joe Ngai, managing partner of McKinsey Greater China, put it: \”
Hong Kong to adopt "moderately liberal" fiscal stance in new budget
HONG KONG, Feb. 22 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) will take a \”moderately liberal\” fiscal stance in the new financial year, said Paul Chan, financial secretary of the
China issues guideline to boost oversight of finance, accounting
BEIJING, Feb. 15 (Xinhua) — China has released a guideline to improve the oversight of finance and accounting activities in the country.The guideline was jointly released by the general offices of th
BRICS summit to discuss restructuring global political, economic architecture: S. African official
CAPE TOWN, Feb. 14 (Xinhua) — A senior South African official said Tuesday that the BRICS summit to be hosted by the country this year will discuss how to restructure the global political, economic a
China attaches great importance to Zambia\’s debt issue: FM spokesperson
BEIJING, Feb. 14 (Xinhua) — China will continue to play a constructive role in the settlement of the Zambian debt issue, a spokesperson for the Chinese Foreign Ministry said Tuesday.As a friendly cou
American democracy is strong only in mirage
The United States has long been considering itself a \”beacon of democracy.\” American politicians always lie through their teeth, claiming that \”democracies have become stronger, not weaker,\” despite t