PBOC is said to plan to buy 600 billion yuan due in August The People’s Bank of China and the Ministry of Finance plan to roll over $89 billion worth of government bonds coming due…
Monthly Archives For July 2017
The China Bond Carry Trade Returns
The offshore yuan’s 12-month forwards’ implied yield — a measure of the cost to protect against currency swings — has fallen below the yield on bonds issued by China Development Bank. This means that a…
China: Real Story On Lending Says Slowdown Still On The Way
A further dive into China’s lending data shows that there has been a sharp decline in financing available via China’s shadow banking sector, according to fellow blogger Paul Hodges, in his latest PH report. It…
Bankers Ditch Fat Salaries to Chase Digital Currency Riches
From Hong Kong and Beijing to London, accomplished financiers are abandoning … Cut out of the action, a growing cohort of banking professionals are instead applying their talents toward buying or hawking cryptocurrency. They’re going…
Lagarde: International Monetary Fund Might Move Headquarters To Beijing, China
Beijing has signaled its eagerness to play a greater role in the global economy with the rise of Chinese-backed regional institutions, such as the Asian Infrastructure Investment Bank, a rival to the World Bank. And…
Cambodia deports telephone fraud suspects to China
The targets would then be put in touch with a fake police officer — also at the gang’s headquarters — and be told they could escape arrest by transferring the allegedly stolen money to a…
Graphic: Key issues before next week’s Bank of England meeting
LONDON (Reuters) – Bank of England policymakers face conflicting signals about … A decade-long battle by luxury brands to defend their image neared an end on Wednesday when an… BEIJING (Reuters) – China’s largest provider…
Shanghai sets up first intellectual property protection center
China’s first intellectual property protection center was established on Tuesday in Shanghai’s Pudong District, Thepaper.cn reported. The report said a “green pathway” was launched to enable the fast examination of patents, which should decrease ……
Chengtong, China Logistics Property plot dollar bonds
First-time issuers China Chengtong Holdings Group and China Logistics Property Holdings Co are preparing for their dollar fundraisings, tapping banks to lead their respective offerings. ABC International, BOC International, China Construction Bank (Asia … (…
China says VPN crackdown aimed at ‘cleaning’ the internet
spokesman for the Ministry of Industry and Information Technology, at a press conference. “Law-abiding individuals and businesses won’t be affected,” he said. Related: WhatsApp is being targeted by China’s censors, experts say China’s internet is…
China to launch unhackable quantum messaging service
“We plan to use the network for national defence, finance and other fields, and hope to spread it out as a pilot that if successful, can be used across China and the whole world,” said…
China Did Stimulus the Wrong Way
In China, there are four really big banks owned by the central government — Agricultural Bank of China, Bank of China, China Construction Bank and Industrial and Commercial Bank of China. When the aftershocks of…
Report: Xiaomi sales climb but Huawei remains China’s top smartphone brand
China’s Xiaomi, once the world’s highest valued tech startup … He also held positions at Kingsoft, leading the company to its IPO on the Hong Kong stock Eexchange. He currently serves as Chairman of UCWeb,…
