Russia brings back capital controls to shore up the ruble
Russia has reimposed some of the capital controls it introduced in the wake of its full-scale invasion of Ukraine in a new attempt to prop up the ruble as the cost of war weighs heavily on the economy.
2023-10-12 20:57
China relaxes capital controls to entice badly needed foreign investment
China is allowing foreigners in Shanghai and Beijing to move their money freely into and out of the country, in a significant move toward relaxing its strict capital controls as it tries to woo overseas investors.
2023-09-22 15:15
Yellen expresses 'concern' about China's export curbs on strategic raw materials
Beijing's newly unveiled export controls on two strategic raw materials critical to the global chipmaking industry are a "concern," US Treasury Secretary Janet Yellen told a group of executives in China on the first day of her trip to the country, where she will try to stabilize bilateral relations after a particularly difficult period.
2023-07-07 14:54