China has kept its central bank governor and finance minister in their posts in an unexpected move analysts described as a bid to reassure markets and investors as the country focuses on fighting ... ( read original story ...)
WRAPUP 1-China chooses continuity, retaining central bank chief, finance minister
The former Shanghai Communist Party boss takes a role charged with ... chief economist at Pinpoint Asset Management. The U.S.-educated central bank chief Yi, appointed PBOC governor in 2018, had ... ( read original story ...)
Silicon Valley Bank’s China joint venture says operations stable and independent amid US parent’s collapse
The China joint venture of Silicon Valley Bank (SVB) said its operations have been independent and stable, seeking to calm local clients amid its US parent's collapse. "SPD Silicon Valley Bank Co has ... ( read original story ...)
Silicon Valley Bank’s China venture says operations ‘sound’
SPD Silicon Valley Bank (SSVB) is a 50-50 joint venture between Chinese state-owned Shanghai Pudong Development Bank and SVB Financial, which was shut down by the U.S. financial regulator on Friday ... ( read original story ...)
Li Qiang, Xi confidant, takes reins as China’s premier
Four years before Li Qiang gained notoriety as the force behind the two-month COVID-19 lockdown of Shanghai, the man who became China's new premier on Saturday worked quietly behind the scenes to ... ( read original story ...)
Li Qiang, Xi Jinping’s top confidant, takes reins as China’s premier
Four years before Li Qiang gained notoriety as the force behind the two-month Covid-19 lockdown of Shanghai, the man who became China's premier on Saturday worked quietly behind the scenes to drive a ... ( read original story ...)
Xi Jinping bets on competence of Li Qiang as China new Premier
In late 2018, Mr Xi himself announced Shanghai's new tech-focused STAR Market as well as the pilot of a registration-based IPO system, reforms meant to entice China's hottest young firms to list ... ( read original story ...)