China’s Vice Premier He Lifeng said Beijing will embed anti-sanctions provisions into its financial laws, vowing to counter what he called unreasonable foreign suppression. Speaking at a Shanghai forum on Wednesday, He underscored explicit provisions in a draft financial law to block and counter “improper unilateral sanctions.” Without naming any country, He said authorities would…
China’s efforts to control capital outflows are colliding with growing demand from mainland investors for access to overseas stocks. The government has launched a sweeping crackdown on offshore trading platforms accused of helping investors bypass Beijing’s capital controls. The move has already rattled brokerages and investors, and could reshape how mainland Chinese access foreign markets….
Gold and silver continued to rally this week, despite a Friday tumble, amid renewed trade tensions between the world’s top economies. In China, credit growth slowed, dragged by government bond sales and sluggish loan demand among households and companies. In the US, private-sector gauges of inflation showed signs of tariffs boosting the prices of some…