A former operating chief of China Development Bank, the nation’s biggest policy lender, has been placed under investigation by the Communist Party’s graft-buster on suspicion of taking bribes worth …
FINANCE
China Considers Supporting Huarong With Central Bank Funds
China is considering a plan that would see the central bank assume more than 100 billion yuan ($15 billion) of assets from China Huarong Asset Management Co., helping the state-owned company clean up …
China should not rush on digital yuan for cross-border payments -former c.bank head
China should not rush to use the digital yuan for cross-border payments due to regulatory obstacles and foreign concerns about it’s global impact, Zhou Xiaochuan, the country’s former central bank …
China shares rise on boost from healthcare, banking stocks
China shares rose on Wednesday with healthcare and banking stocks leading the gains, as investors cheered upbeat quarterly earnings results. BEIJING/SHANGHAI, April 21 (Reuters) – China shares rose on …
China’s Shadow-Financing Sector: Policy Focus Shifting Toward Financial Stability
The continued regulatory reform in China’s ‘shadow financing’ system supports the development of a healthier financial system that includes reliable alternativ …
Experts react to China’s explosive quarterly growth: media
China’s economy expanded 18.3 percent in the first three months of 2021, its fastest year-on-year rate for any quarter on record, the Financial Times reported on April 16, highlighting the strength of …
China central banker urges three-pronged approach to green finance
Yi Gang, governor of the People’s Bank of China (PBoC), has outlined key steps to meet bold climate ambitions.
China Huarong Is a Test for Beijing’s Financial Reform Drive
China has been trying to get its SOEs to slim down. Although this is mostly a domestic affair, once in a while, its reform agenda can clash directly with foreigners’ interests. China Huarong Asset …
Goldman Sachs Appoints New Co-Head of China Investment Banking
Goldman Sachs Group has named Sean Fan as its new co-head for investment banking in China.
China to require financial institutions to move towards green finance – c.bank gov
China will require financial institutions to transition towards green finance as early as possible, to help achieve the country’s carbon neutrality goals, central bank governor Yi Gang told the Boao …
How a sweeping US infrastructure plan might spur financial havoc in China
Economists debate whether a proposed US$2 trillion infrastructure programme would cause American inflation that could be exported overseas.
China to require financial institutions to move towards green finance – central bank gov
China will require financial institutions to transition towards green finance as early as possible, to help achieve the country’s carbon neutrality goals, central bank governor Yi Gang told the Boao …
China to Require Financial Institutions to Move Towards Green Finance – Central Bank Governor
There are still some problems in China’s green finance development and the central bank will require financial institutions to make transitions towards green finance, central bank governor Yi Gang …
