BEIJING (Reuters) – China’s central bank said on Thursday an IMF report on China’s financial system did not reflect the whole picture, according to a statement released on the People’s Bank of China website. China’s…
Monthly Archives For December 2017
China’s property market will see smaller price gains ahead, major developer says
Property price gains in China are likely to slow due to official efforts to rein in the market, a top real estate executive said Thursday. “For years, the Chinese government has had the effort to…
China’s Banks Need More Capital After Credit Boom, IMF Says
In its first comprehensive assessment of China’s financial system since 2011, the IMF recommended “a gradual and targeted increase in bank capital.” In a worst-case scenario, IMF stress tests suggested the country’s lenders would face…
China’s financial system has three important ‘tensions,’ the IMF says
An almost two-year long study of the Chinese financial system by the International Monetary Fund found three major tensions that could derail the world’s second-largest economy. Those tensions emerged as China moves away from its…
Canadian detained in China for 2 years urges caution on trade talks
Now living in Canada, the couple spoke about their experience Wednesday in an interview with CBC News Network’s Power & Politics, as Prime Minister Justin Trudeau continues his tour of China to help lay the…
Inside China’s ‘Big Brother’ technology conference where companies reveal how they use AI to spy on citizens without them knowing
Artificial intelligence companies have shown off their tracking technology at the World Internet Conference in China – giving a glimpse of how citizens are being watched everyday. Companies such as China’s facial recognition start-up Face++…
China banking regulator issues draft rules on liquidity risk management
BEIJING (Reuters) – China’s banking regulator on Wednesday issued draft rules on commercial banks’ liability risk management with an aim to improve lenders’ risk assessment framework and safeguard the banking system in the new market…
China central bank expected to conduct MLF one more time in mid-Dec: Financial News
SHANGHAI (Reuters) – China’s central bank is expected to use its medium-term lending facility one more time in the middle of this month, the Financial News, a paper run by the central bank said on…
Survey: US firms losing confidence in China business climate
HONG KONG — A survey finds that U.S. companies in China are seeing their sales improve but are frustrated by policies and regulatory barriers that block better access to the country’s lucrative market. The U.S.-China…
China rebukes Australians over influence debate ‘hysteria’
China’s embassy statement said recent news reports had made false accusations about its government, and vilified Chinese students. “Those reports, which were made up out of thin air and filled with Cold War mentality and…
Justin Trudeau’s great expectations clash with reality in China: Chris Hall
China made it clear it was ready to take the next step … Then the prime minister’s office told Canadian reporters the Chinese decided to cancel a planned news conference, insisting the two leaders read…
China’s Xiaomi seeks bank pitches for 2018 IPO: Report
HONG KONG: Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters. Xiaomi was valued at $46 billion in…
Exclusive: China’s Xiaomi seeks bank pitches for 2018 IPO – sources
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters. Xiaomi was valued at $46…
