This could be Beijing’s worst blind spot yet. At over 1,100 listed companies in China’s industrial and manufacturing sectors, receivables are piling up; cash conversion cycles are getting longer (that …
FINANCE
China’s central bank says it will protect consumers as another payment deadline looms for Evergrande
The central bank did not explicitly mention Evergrande, though it was seen as among the most pointed signs authorities could help contain a collapse.
China steps up anti-corruption drive as Evergrande crisis puts spotlight on financial risk
The Central Commission for Discipline Inspection will audit 25 organisations as part of an anti-corruption drive aimed at preventing ‘systemic financial risk’.
Beijing, Brussels Set to Issue Common Standards for Sustainable Finance This Year, PBOC Official Says
China and the EU are expected to publish the first set of common classification standards for sustainable finance by the end of this year, a move that aims to make it easier for companies to…
Cryptocurrency exchanges scramble to sever ties with Chinese investors after Beijing’s ban
Huobi Global and Binance, two of the largest exchanges globally and popular with Chinese users, stopped new registrations of accounts by mainland customers.
Cryptocurrency exchanges scramble to drop Chinese users after Beijing’s ban
SHANGHAI: Beijing’s new blanket ban on all cryptocurrency trading and mining – the broadest yet by a major economy – has sent crypto exchanges and service providers scrambling to sever business ties …
China central bank says to safeguard legitimate rights, interests of housing consumers
The People’s Bank of China (PBOC) said on Monday it would safeguard the legitimate rights and interests of housing consumers. In a statement on its website, the PBOC also said it would make its …
China’s Evergrande Threatens Trouble On Both Sides Of The Pacific
The picture is too much like the beginnings of America’s 2008-09 financial crisis to ignore or treat with half measures.
Cryptocurrencies recover from last week’s China-led selloff, while decentralized exchange tokens sushi and uniswap surge by as much as 37%
The cryptocurrency market surged in value on Monday, recovering from Friday’s slump that was triggered by China’s ban on trading and mining.
China is trying to squeeze capital from old growth sectors to new growth sectors: Deutsche Bank
China still values growth under its “common prosperity” ambition, says Michael Spencer of Deutsche Bank, but squeezing capital into sectors that China sees as new sources of growth is a tricky process …
An Idea Whose Time Has Come: A Quad Bank That Counters China’s Debt Trap
The other big highlight of Prime Minister Narendra Modi’s US visit was India successfully de-hyphenating itself from Pakistan on the global stage.
China Supplants Fed as Biggest Risk for Emerging Markets
Emerging-market investors are about to find out whether there’s more to worry about in China than just the Evergrande debt crisis.Most Read from BloombergHow Los Angeles Became the City of …
World Bank succumbs to Chinese monopoly
R. R. M. Lilani The Chinese Communist Party (CCP)’s corrupted activities have infiltrated every top organization in the world. Surp …
