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The White House still won’t answer basic questions about Hunter Biden’s role in a Chinese government-linked firm that has invested in companies sanctioned by the United States, despite a lawyer for President Joe Biden’s son saying he no longer holds his 10% ownership stake.
[Wang Xin: the central bank is working with relevant departments to formulate guidelines on financial support for green and low-carbon development]. In recent years, green finance has made positive progress in many aspects. First, improve the basic institutional arrangements of green finance, and constantly improve the top-level design and green financial standards. The people's Bank of China is working with relevant departments to formulate guidelines on financial support for green and low-carbon development, with a view to creating a good financial environment for comprehensive, coordin...
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Remarks from a People's Bank of China official indicating the country's central bank will be keeping the taps open: --- report citing Sina.com with the remarks from Wang Xin, director-general of the research bureau at the People's Bank of China. Speaking at the Caijing Annual Conference this week. More at that link (Bloomberg may be gated) These sorts of comments tend to increase borrowing and leverage, the PBOC is loosening up this at present to keep liquidity available to support China's economic recovery. By Eamonn Sheridan
The traditional big promotion day of Black Friday is around the corner, but widespread shipping delays cause US buyers to suffer a most expensive holiday.