Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid economic nationalism in a speech released three days before Donald Trump is due to be sworn in as U.
People's Bank of China Governor Pan Gongsheng met his Bank of England counterpart, Andrew Bailey, on Saturday in Beijing and discussed topics including financial stability and cooperation, China's central bank said on Sunday.
Beijing will have no choice but to weaken the yuan if Trump’s pick for Treasury secretary takes an activist approach to bond issuance.
Andrew Bailey has joined Chancellor Rachel Reeves and senior financial figures including the Chair of HSBC on a trip to China.
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing
Britain's Treasury chief is travelling to China this weekend in a bid to boost economic and financial cooperation between the countries, as the U.K.'s Labour government seeks to reset strained ties with Beijing.
China and Britain restarted economic and financial talks over the weekend after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government
The People's Bank of China Governor, Pan Gongsheng, met with Bank of England Governor Andrew Bailey in Beijing to discuss financial stability and cooperation. The meetings, coinciding with British finance minister Rachel Reeves' visit,
Rachel Reeves flew to China on Thursday night in a bid to revive closer ties with the nation and boost Britain’s economy amid turmoil in UK bond markets. The Chancellor was criticised for being “missing in action” as she flew to Beijing for meetings with communist officials and businesses on Thursday,
Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ‘very severe reductions and squeezes’ on public services
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing
Pan Gongsheng, governor of the People's Bank of China, and Andrew Bailey, governor of the Bank of England, shared views on their respective domestic economic situations, financial stability and financial cooperation, said a PBOC statement on Sunday.