The world’s second largest economy has already entered a state of deleveraging and the era of investment and of housing-led growth is over, said the head of Credit Suisse’s private banking business in China, Dong…
Monthly Archives For October 2017
UPDATE 1-China c.bank warns against “Minsky Moment” due to excessive optimism
* Says yuan trade band not a key issue at moment * Zhou is expected to step down early next year (Adds details, comments) BEIJING, Oct 19 (Reuters) – China will fend off risks from…
China will crack down on irregularities in banking sector – regulator chief
BEIJING (Reuters) – China will crack down on irregularities in the banking sector and resolutely curb any rise in hidden debt, Guo Shuqing, head of the country’s banking regulator, said on Thursday. China also will…
China’s central bank just warned of a sudden collapse in asset prices
China will fend off risks from excessive optimism that could lead to a “Minsky Moment,” central bank governor Zhou Xiaochuan said on Thursday, adding that corporate debt levels are relatively high and household debt is…
China has ‘halted intervention in yuan exchange rate market’
a deputy governor at the People’s Bank of China said on Wednesday. Pan Gongsheng, who is also the head of the State Administration of Foreign Exchange, told journalists on the sidelines of the opening ceremony…
China biotech’s ‘coming out party’ masks long road ahead
LONDON/SHANGHAI (Reuters) – Investors are betting on China’s potential to feed the global pharmaceutical pipeline, putting a multi-billion-dollar price tag on a handful of stocks, even as the country struggles to close a huge R&D…
China offers conflicting goals as Xi Jinping looks to extend rule
BEIJING – China’s ruling Communist Party is expanding its role in business even as it promises freer markets and support for entrepreneurs on the eve of President Xi Jinping’s second five-year term as leader. Party…
Asian stocks mixed as data shows China growth slowed
SEOUL, Korea, Republic Of – Asian markets were mixed on Thursday after Wall Street closed at record highs. Data showed that China’s quarterly growth slowed slightly but was in line with expectations. KEEPING SCORE: Japan’s…
China September property sales drop for first time in over 2-1/2 years
BEIJING (Reuters) – Property sales in China dropped for the first time in more than two-and-half years in September and housing starts slowed sharply, reinforcing expectations that robust growth in the world’s second-largest economy is…
UPDATE 1-China Sept property sales drop for first time in over 2-1/2 years
* Sept property investment 9.2 pct vs +7.8 pct y/y in Aug – Reuters calculation * New construction starts +1.4 pct y/y vs +5.3 pct y/y in Aug – Reuters calculation BEIJING, Oct 19 (Reuters)…
China’s Top Bank Regulator Endorses Reform of Finance Industry
China’s top banking regulator reiterated the country’s commitment to reforming its finance industry, including easing ownership and business restrictions for foreign banks. The market share of foreign banks in China is falling, which isn’t good…
China’s Economy Grew Steadily, Thanks to Loans and Homes
China’s debt has soared over the past decade as banks and other lenders, working at the urging of Beijing, turned on money spigots to fuel growth. That has led to worries about the stability of…
China Finance Online Co. Limite (NASDAQ:JRJC) Short Interest Down -34.09% – Currently Trading Down
Investors are more bullish on shares of China Finance Online Co. Limite lately if you evaluate the fall in short interest. The company had a fall in short interest from September 15, 2017 to September…
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