The People’s Bank of China said the injection was to maintain … Ming Ming, head of fixed income research at CITIC Securities in Beijing, said the fund injection was to counter seasonal … ( read…
FINANCE
China Injects Record Funds to Counter Tax, Holiday Cash Demand
(Bloomberg) — Sign up for China Rising, a new weekly dispatch on where China stands now and where it’s going next. China’s central bank boosted injections via open-market operations to the most on re… (…
China central bank injects record net US$83 billion in open market operations
A pedestrian walks past the People’s Bank of China headquarters in Beijing. (Bloomberg pic) SHANGHAI: China’s central bank on Wednesday made its biggest daily net cash injection via reverse repo opera… ( read original story…
China using media, think tanks and tourism to influence global public opinion, says Pentagon
China has been using its massive investment in media, foreign educational institutions and think tanks in addition to the little known field of tourism to influence global public opinion in its favour … ( read…
China central bank: cash injection meant to maintain reasonably ample liquidity
SHANGHAI (Reuters) – China’s central bank said its cash injection through reverse repo operations on Tuesday was meant to maintain “reasonably ample” liquidity in the banking system. The People’s Bank … ( read original story…
China’s central bank boosts liquidity
BEIJING, Jan. 16 (Xinhua) — China’s central bank on Wednesday injected liquidity into the banking system through reverse repos to offset the impact from a tax payment peak. The People’s Bank of China … (…
Stocks – Wall Street Flat After Bank Earnings Miss
Meanwhile, U.S. President Donald Trump said on Monday he thought a trade deal with China was possible. Pacific Gas & Electric (NYSE:PCG) plunged 37%, while Bank of America (NYSE:BAC) fell 0.6% and Gol… ( read…
After Orders to Shrink, China’s Small Banks Face a Tougher 2019
… Bank Co. down 45 percent in Hong Kong and Jiangsu Zhangjiagang Rural Commercial Bank Co. falling 54 percent in Shenzhen. Even so, analysts said most of China’s small banks are still overvalued. Ci… (…
China’s central bank denies delaying Mastercard and Visa access to payments market
China’s central bank has denied reports that it is dragging its heels on opening the massive Chinese payments market to Mastercard and Visa. While Mastercard filed an application to provide yuan payme… ( read original…
Bank of China offers $300 million loan to Sri Lanka
Bank of China has offered a loan of $300 million — which can be raised to $1 billion — to Sri Lanka, a source in Colombo said on Thursday. The Sri Lankan government is considering…
China Presses on With Tax-Cut Strategy as Lending Stabilizes
The change of approach is being driven largely by China’s debt load, which makes funding a splurge on bridges and railways dangerous for financial stability. Against the backdrop of slowing global gro… ( read original…
China will maintain ‘appropriate’ growth in total social financing – c.bank
BEIJING, Jan 15 (Reuters) – China will maintain ‘appropriate’ growth in total social financing, a central bank official said Tuesday. New liquidity released by China’s central bank has basically been … ( read original story…
China Will Maintain ‘Appropriate’ Growth in Total Social Financing-Central Bank
BEIJING — China will maintain ‘appropriate’ growth in total social financing, a central bank official said Tuesday. New liquidity released by China’s central bank has basically been transmitted to the … ( read original story…