Clearly, this is not likely the impact Beijing intended. Washington Insider: New Chinese Banking Rules The New York Times reported last weekend that China has been putting “limits on foreign banks, …
FINANCE
Mega industrial projects settle in Beijing’s Daxing district
Beijing’s Daxing district recently signed contracts on 10 cutting … development of cutting-edge industries by applying sci-tech achievement, boosting emerging finance, attracting high-level talents, …
China launches inquiry into Zheshang Bank over interbank bond market violations
… on Monday it had launched an investigation into mid-sized China Zheshang Bank over rule violations of the inter-bank bond market. BEIJING, April 6 (Reuters) – China’s interbank bond market …
China warns Japan to not follow suit after US sanctions over Xinjiang, Hong Kong
Wang and his Japanese counterpart, Toshimitsu Motegi, had a 90-minute phone conversation on Monday, an exchange that came at the request of Beijing, according to the Japanese foreign ministry. Do you …
China Asks Banks to Curtail Credit for Rest of Year
(Bloomberg) — China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people …
China’s banking sector likely to see profits grow by 5% in H1: report
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING — China’s banking sector is likely to see its profits grow by 5 percent in the first half of…
China Is Said to Ask Banks to Curtail Loans for Rest of Year
China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people familiar with the…
World Bank chief expects G20 to extend debt payment freeze through end-2021
FILE PHOTO: World Bank President David Malpass attends the “1+6” Roundtable meeting at the Diaoyutai state guesthouse in Beijing, China November 21, 2019. REUTERS/Florence Lo/File Photo WASHINGTON …
China provides strong financial support for poverty alleviation: white paper
BEIJING, April 6 (Xinhua) — The Chinese government has steadily increased funding and provided strong financial guarantee for winning the battle against poverty, said a white paper released Tuesday …
China Is Said to Ask Banks to Curtail Credit for Rest of Year
China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people familiar with the…
Economic statecraft is a better option over war in the South China Sea
in which the U.S. would share technology and Japan would finance, the U.S. can reduce the cost to the exchequer. Second, the executive order signed by Biden to review supply chains should extend to …
Could US-China tensions hinder Beijing’s plans to integrate further with global financial markets?
China’s efforts to liberalise its financial markets, which have accelerated in recent years, mean more business for ICBC, which will act primarily as a local agent for foreign traders and provide …
China Adds To Clive Palmer’s $3.8 Billion Fortune
China made Clive Palmer one of the world’s richest people with a $3.8 billion fortune, according to the latest Forbes calculation, and China is about to make the outspoken Australian even richer.
