Central bank governors of China and the United Kingdom met on Saturday on the sidelines of the 11th China-UK Economic and Financial Dialogue and exchanged views on topics of mutual interests.
Chinese banks dominate the world’s top 10 banks by net profit, but their profit growth lagged behind US and UK banks, mainly ...
Fang Wenjian, chairman of the China Chamber of Commerce in the UK and general manager of the Bank of China London Branch, speaks at the event. [Photo by Yao Haopeng/For China Daily] Fang Wenjian, ...
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the ...
Rachel Reeves, the Chancellor, said this month that China was “crucial” to growing the UK economy, as she led a delegation to the country alongside the head of HSBC. The bank declined to say ...