People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. (Photo by Li Jianguo/Xinhua)Wilfred Daye, a veteran investor, e
Tag: Monetary
Macao\’s forex reserves rise to 26.84 bln USD by February
MACAO, March 15 (Xinhua) — The preliminary estimate of Macao\’s foreign exchange reserves amounted to 216.9 billion patacas (about 26.84 billion U.S. dollars) at the end of February, the Macao Special
Macao\’s new residential mortgage loans drop 52.3 pct in January
MACAO, March 13 (Xinhua) — The new approvals of Macao\’s residential mortgage loans (RMLs) and commercial real estate loans (CRELs) both decreased month-on-month in January, the special administrative
What China\’s high-standard opening up brings to the world
— Amid geopolitical conflicts, energy and food security crises, and the pandemic, globalization is now suffering various setbacks. The global openness index keeps declining, showed the World Openness
China keeps development as top priority in 2023
By continuing to give top priority to development in 2023, China will ramp up efforts to expand domestic demand, improve the business environment for private companies and prevent financial risks, amo
Macao\’s broad money supply continues to grow in January
MACAO, March 6 (Xinhua) — Macao\’s broad money supply continued to grow by 0.9 percent month on month to 724.1 billion patacas (about 89.6 billion U.S. dollars) in January, the special administrative
China to implement prudent monetary policy in targeted way: report
BEIJING, March 5 (Xinhua) — China should do more to implement a prudent monetary policy in a targeted way this year, according to a government work report submitted Sunday to the national legislature
Western countries play trick of a thief crying “Stop, thief!” by blaming China for Africa’s debt problems
Cartoon by Tan XiguangRecently, the International Monetary Fund (IMF), the World Bank and India, the rotating presidency of the Group of 20 (G20) held a video conference discussing the global debt iss