Goldman Sachs Group Inc. economists say they no longer expect China to cut the amount of cash banks must hold in reserve this year after the central bank pledged to keep overall liquidity conditions …
FINANCE
China Demands $38mn Compensation For Dasu Blast Amid Soaring Islamabad & Beijing Tensions
Amid rising tensions between Islamabad and Beijing, China has demanded $38 million compensation for the dead engineers at the Dasu Dam Project.
Evergrande Debt Woes Are Manageable, China Central Bank Official Says
The spillover effect of China Evergrande Group’s debt problems on the banking system is controllable, a central bank official said on Friday, in rare official comments on a liquidity crisis at China’s …
China’s financial system near ‘peak stress,’ but spillovers yet to come: analysts
China’s nearing “peak stress” levels as worries mount over its highly leveraged property sector as the saga around troubled developer China Evergrande …
Fitch Revises Outlook on Beijing Capital Group to Negative from Stable; Affirms at ‘BBB’
Fitch Ratings has revised the Outlook on Beijing Capital Group Company Limited’s (BCG) Long-Term Foreign-and Local …
Fitch Places Beijing Capital Land’s ‘BB’ Ratings on Rating Watch Evolving
Fitch Ratings has placed Beijing Capital Land Ltd.’s (BCL) ‘BB’ Long-Term Foreign- and Local-Currency Issuer Defau …
China’s Debt Problems Are A Serious Matter, For Americans, Too.
Credit rating agencies began to downgrade much Chinese corporate debt to levels that point to default, while all eyes turned to some $229 million of the Beijing-based Xinyuan Real Estate Company’s …
Evergrande fallout is ‘controllable,’ China’s central bank says
Authorities in Beijing and local governments in provinces around the country are resolving the situation based on “rule-of-law principles.” …
China cbank official says spillover effect of Evergrande’s debt woes is controllable
The spillover effect of China Evergrande Group’s debt problems on the banking system is controllable and individual financial institutions’ risk exposures are not big, a central bank official said on …
China’s central bank lists 19 systemically important banks
China’s central bank on Friday unveiled a list of 19 banks it identified as systemically important. The People’s Bank of China (PBOC) identified six state-owned commercial banks, nine joint-stock bank …
China Breaks Silence on Evergrande, Saying Risks ‘Controllable’
China’s central bank broke its silence on the crisis at China Evergrande Group, saying risks to the financial system stemming from the developer’s struggles are “controllable” and unlikely to spread.
Could China’s economy collapse?
China’s economy, amidst electricity shortages, regulatory crackdowns, and a deflating real estate sector, is at a turning point. What will it mean for China, and for the world, if the Chinese economy …
China risks making ‘big mistakes’ with widespread crackdown, says ex-IMF chief economist
Beijing’s crackdown on sectors from technology to property creates “an enormous amount of uncertainty,” said Raghuram Rajan, finance professor at Chicago Booth.
