Category: Finance

China's offshore yuan fell to an all-time low against the U.S. dollar on Tuesday as trade tensions between the United States and China escalated after days of turmoil over tariffs. The offshore yuan, which is circulated outside mainland China and is ...

By Wu Tianyi Over the past two decades, Chinese financing in Africa has boomed and waned and undergone cycles of change. Initially dominated by lending from state-owned policy banks for large infrastructure and energy projects, notably in coal and hydropower, the ...

Indonesia’s decision to join the New Development Bank (NDB) under the BRICS framework presents an opportunity to accelerate its green industrial policy. As the country transitions toward a more sustainable economy, securing financing for clean energy, infrastructure, and environmentally friendly industries is paramount. NDB offers an additional ...

By Oliver Hotham and Ludovic Ehret China's defense spending will rise by 7.2 percent in 2025, the same as last year, Beijing said on Wednesday, as its armed forces undergo rapid modernisation and eye deepening strategic competition with the United States. ...

Asian markets climbed on Monday in hopes that China would announce a huge stimulus package to help offset U.S. President Donald Trump's looming tariffs on Chinese goods. Investors were also watching for any last-ditch deals to ward off the levies hitting ...

U.S. and European leaders often talk about the importance of building China-free supply chains for transition minerals and other critical resources. While, for a lot of people, that may resonate among their constituents at home, the reality is that it's not ...

Authorities in China's central Hunan province introduced a series of new policy and financing measures specifically aimed at boosting trade ties with countries in Africa. The province's finance and commerce ministries jointly unveiled an 11-point plan last week that is intended to ...

The Chinese government will give $4.4 million to advance the clearance of landmines in Cambodia. This follows the freeze in USAID funding dedicated to removing landmines left from the Vietnam War era. Cambodia is one of the most heavily mined countries in the world.

The Trump administration’s decision to withdraw from the Paris Accord has raised global climate uncertainty, but Indonesia could be ground zero for its geopolitical impact. This is because of the country’s Just Energy Transition Partnership (JETP) agreement with the G7. The $20 ...

The World Bank has revised its growth outlook for China upward but warned that the country must implement bold structural reforms to address persistent economic vulnerabilities. In its December 2024 China Economic Update, the World Bank forecasted GDP growth ...

Zambia will soon be eligible once again for foreign financing as its debt restructuring negotiations are nearing the end, a French diplomatic source said Tuesday. France, which, along with China, heads the committee of public sector creditors for Zambia, was earlier ...

While political ties between China and Paraguay are increasingly strained over the South American country's commitment to maintain diplomatic relations with Taiwan, economic ties between the two are much more robust. Well, sort of. China is Paraguay's third largest trading partner, ...