China’s $8.5 Trillion shadow banking is fully revived
19 April 2017 | 9:13 am
China's shadow banking is back in full swing, an unintended side effect of the government’s campaign against financial leverage, which has curbed traditional lending and squeezed bond financing.
The US president has outlined a new plan for economic cooperation with Latin America amidst rising Chinese influence in the region. He is also expected to present a new plan for regional migration issues.
Wei Fenghe slammed US Secretary of Defense Lloyd Austin's "smearing" accusation that China was causing regional instability. He said Beijing would do whatever it takes to ensure reunification with Taiwan.
The US Defense Secretary said Chinese military activity around the self-governing island threatened to change the status quo. Lloyd Austin said Washington would continue to stand by Taiwan at an event in Singapore.
Would Beijing back away from its strategic partnership with Moscow if the war in Ukraine goes nuclear?
Germany sees massive dip in Russia exports, uptick in China imports. Despite trying to wean itself off of Russian energy imports, Germany is paying record prices for them. At the same time, Berlin has built up a large import surplus with Beijing.
Human rights campaigners say China is committing cultural genocide against its minority Uyghur residents in Xinjiang, where an estimated 1 million to 2 million residents have been incarcerated
Beijing has no reason to sanction Australia, said Prime Minister Anthony Albanese. The call comes after ministers from two countries met for the first time in years.
A violent attack on several women in northern China earlier this month has raised questions over gender-based violence in the country. CCTV footage from a restaurant in the city of Tangshan showed a man getting rebuffed after he put his hand on the back of a woman. He then slapped her, then with other men beat the group of women before punching, kicking and dragging them outdoors. For more on women's safety and their rights in China, we talk to Professor Maria Jaschok from the University of Oxford.
After losing his parliamentary majority in elections over the weekend, French President Emmanuel Macron is set up for tough negotiations with opposition parties passing his reformist agenda.
French prosecutors said on Wednesday they were investigating a junior minister in President Emmanuel Macron's government after two allegations of rape were brought against her.
The billionaire was named prime minister for the fourth time and asked to form a government to save the country from financial collapse. He urged fractious politicians to set aside differences to secure an IMF deal.
Spiking food prices caused by the war in Ukraine are threatening to push more people to the brink of starvation. If G7 countries don't deliver on aid, poorer nations might turn elsewhere.
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