BEIJING, Dec. 3 (Xinhua) — The People’s Bank of China suspended open market operations on Monday, citing abundant liquidity in the banking system. It is the 27th consecutive working day for the centr… ( read…
Monthly Archives For December 2018
China allows domestic banks’ wealth management units to buy shares
BEIJING, Dec 3 (Reuters) – China’s banking regulator has allowed wealth management subsidiaries of domestic commercial banks to directly invest in Chinese shares, in a move aimed at bolstering market … ( read original story…
China’s central bank backpedals on policy to cut debts
BEIJING — China’s central bank has started backtracking on efforts to pare down swollen company and local-government debt, admitting that its strategy has caused a credit crunch. Yi Gang … ( read original story …)
China Embraces Financial Opening Away From Xi-Trump Glare
(Bloomberg) — China announced a number of steps over the weekend that take the country closer to the promised opening of its financial markets, away from the glare of the high-stakes meeting where Pr… (…
Institutional Capital Advisory Attended the IR Magazine Awards & Conference Greater China 2018, Presenting the Best Financial Reporting Award
HONG KONG, Dec. 3, 2018 /PRNewswire/ — Institutional Capital Advisory (Asia) Limited (“ICA”), a leading Asia-based, independent capital markets advisory firm, attended the “IR Magazine Awards … ( read original story …)
Trump Says China Has Agreed to Reduce, Remove Tariffs on Cars
(Bloomberg) — U.S. President Donald Trump said China has agreed to “reduce and remove” tariffs on American cars from 40 percent currently. He gave no other details in the late-night tweet, which came … (…
Argentina and China sign deals strengthening ties after G-20
The visit comes after U.S. officials said they had reached a 90-day truce in the trade dispute with China that has rattled financial markets and imperiled global economic growth. That announcement fol… ( read original…
German president heads to China as Beijing courts European economic ties
China will host a state visit by German President Frank-Walter Steinmeier this week as Beijing seeks to lock up economic ties with major European powers amid a trade war with the United States. Steinm… (…
Why falling steel prices in Shanghai mean rising smog in Beijing
If you want to know whether Beijing will succeed in its ambitious programme to procure pollution-free blue skies this winter across China’s industrial north and east, take a look at the recent price a… (…
Canada yet to ban China’s 5G technology
An increasing number of countries are blocking Chinese companies from supplying 5G network equipment, over fears it could pose a security threat. Here in Canada that decision has yet to be taken. ( read original…
US-China trade truce seen boosting US stock market
WASHINGTON — The truce in the trade dispute between the U.S. and China should boost rattled financial markets, at least likely through year’s end, experts say. But the stock market’s wild gyrations of … (…
Stocks set to jump on news of US-China trade truce
A cease fire is better than a trade war, and stocks are set to jump higher after the United States and China said they would stand down on further tariffs and continue talking about their…
China’s stock market needs to ditch its patchwork rules for a clean start at its watershed moment
Hence China’s unicorns will be resuming their stampede for New … to use as a test bed for private enterprise and capitalism. Shanghai Pudong Development Bank, a state lender formed to finance the es… (…