China Exim Bank's B&R loans surpass one ...

The Export-Import Bank of China (China Exim Bank) said its outstanding loans for the Belt and Road Initiative (BRI) have surpassed one trillion yuan (about 149 billion U.S. dollars). Currently, more

China Exim Bank's B&R loans surpass 1 tr...

The Export-Import Bank of China (China Exim Bank) said its outstanding loans for the Belt and Road Initiative (BRI) has surpassed 1 trillion yuan (about 149 billion U.S. dollars) up to now. Currentl

Huaxia Bank 2018 profit rises 5.2 pct

BEIJING, April 21 (Xinhua) -- Huaxia Bank, a mid-sized Chinese lender, reported a 5.22 percent rise in net profit in 2018, much faster than the 0.72-percent gain seen in the previous year. Net profit

China Exim Bank's B&R loans surpasses 1 ...

BEIJING, April 21 (Xinhua) -- The Export-Import Bank of China (China Exim Bank) said its outstanding loans for the Belt and Road Initiative (BRI) has surpassed 1 trillion yuan (about 149 billion U.S.

Power outages could slash S. Africa's ec...

JOHANNESBURG, April 18 (Xinhua) -- The South African Reserve Bank has said that the country's gross domestic product (GDP) growth could dwindle by 1.1 percentage points, if rolling power outages expe

News Analysis: Bank of Italy's warning o...

ROME, April 18 (Xinhua) -- A warning from the Bank of Italy that the government's 2020 budget deficit might be far larger than expected sent financial markets reeling this week and prompted the count

Getting exchange rates right

Editor's note:Nikhil Patel is an economist at the Bank for International Settlements and Shang-Jin Wei, a former chief economist of the Asian Development Bank, is a professor of Chinese business and

Israeli army demolishes house in West Ba...

RAMALLAH, April 17 (Xinhua) -- Israeli army raided the West Bank village of Kobar Wednesday morning and demolished the home of Saleh Omar Barghouti, who was accused by Israel of carrying out a shooti