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Govt ramps up efforts to support sci-tech startups

The China Banking and Insurance Regulatory Commission's Anhui and Tianjin offices guided banks and insurers in their jurisdictions to increase supply of financial resources to innovation-intensive companies, in keeping up with the increased necessity of technological breakthroughs to continue pushing economic growth. ....

Zhou Jialong , Zhao Yulong , Insurance Regulatory Commission Anhui , Tianjin Allians Technologies Co Ltd , China Banking , Insurance Regulatory Commission ,

BBCNEWS World Business Report June 4, 2024 04:46:00

Taken by the united states and japan. on the one hand, you have united states by the us fed, keep progressing with hiking those rates to deal with the cost of living and inflation like michelle talked about. and you have the bank of japan keeping its rates ultra low because they want to try and kickstart their economy after nearly three years of covid. as a consequence, investor money flows out of japan and united states with algorithm or returned and a strong dollar and then a weaker yen. the same thing is happening to other asian currencies, with the chinese yuan, south east asian currencies, not necessarily always bad news. these are export driven economies and means your goods become more attractive to buyer. we currency get too low. these economies are not as export driven as i think you know what investors faith completely. thanks very much, nick marsh in singapore. ....

Bank Of Japan , Michelle Fleury , South East Asian , Nick Marsh In Singapore ,