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Hong Kong, China in talks to open border

Bloomberg Hong Kong is in advanced discussions with Chinese officials about potentially reopening their shared border, according to local media reports, as former British colony pushes to overcome the mainland’s hesitancy to revive travel crucial to the city’s economy. Experts from both sides are expected to soon hold a second meeting with a final decision on the resumption of travel ...

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Indonesian banks to push sustainable lending to $56b

Bloomberg Sustainable financing in Indonesia, the world’s largest exporter of thermal coal, is set to increase with half the banking industry pledging to boost funding for environmentally-friendly projects, according to the financial services authority. Indonesian banks recorded a combined total of $55.9 billion in sustainable financing as of November last year, said the financial regulator known as OJK. The lenders ...

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Digital yuan users in China surged to 140m, says PBOC

Bloomberg China has increased the number of individuals with digital yuan accounts to 140 million, with 10 million corporate accounts created, a top official at the People’s Bank of China (PBOC) said. Transactions in e-CNY, as the currency is known, reached 62 billion yuan ($9.7 billion) in trials rolled out in about a dozen regions, Mu Changchun, head of the ...

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