Habib Bank Limited presence to allow to interact with financial institutions involved in China-Pakistan Economic Corridor … ( read original story …)
FINANCE
China stocks end higher on banking, infrastructure boost
China stocks ended higher on Monday, underpinned by banking and infrastructure shares, as the country’s central bank kept its key lending rate for corporate and household loans unchanged. ( read original story …)
HBL Becomes the First Pakistani Bank to Open a Branch in Beijing, China
HBL has become the first Pakistani bank to open a branch and serve clients in Beijing, China’s capital city. The … ( read original story …)
China’s Crusade Against Risk Is Tormenting Financial Markets
Quick reversals in asset prices show how the Communist Party remains an outsized influence on China’s financial markets, despite the increasing presence of foreign investors. While regulators … ( read original story …)
China Picks New Central Bank Policy Makers as It Focuses on Risk
China appointed two new members to the central bank’s monetary policy committee, just as authorities begin shifting their focus away from stimulus and toward curbing financial risks in the economy. ( read original story …)
Wife of Canadian held in China demands release on eve of trial
Michael Kovrig’s wife tells CBC News she hopes Canada, US and China can reach diplomatic solution for his release. ( read original story …)
China’s central bank makes green finance a priority
Green finance will be a priority for China’s central bank this year, as well as during the 14th Five-Year Plan period (2021-2025), the country’s central bank governor has said. To help achieve China’s … (…
China’s financial institutions must help fund carbon neutrality goal, says central bank governor
China’s central bank will include climate change among the issues it considers in implementing its monetary policy and supervisory role in future and will encourage financial institutions to help meet … ( read original story…
China c.bank head says need to balance growth support, risk prevention
China’s monetary policy should balance the need to support economic growth against the need to prevent risks, People’s Bank of China (PBOC) Governor Yi Gang said on Saturday. ( read original story …)
China Still Has Room to Provide Liquidity to Economy: PBOC Chief
China still has room to pump liquidity into the economy while keeping its leverage ratio stable, People’s Bank of China Governor Yi Gang said in Beijing on Sunday. ( read original story …)
UPDATE 1-China c.bank head says policy needs to selectively support growth, curb risks
BEIJING, March 21 (Reuters) – China’s monetary policy needs to focus on supporting economic growth in a targeted way while also reducing financial risks, the central bank head said. “Monetary policy … ( read original…
China Buys More Iranian and Venezuelan Oil, in a Test for Biden
Rising oil shipments to China followed President Biden’s offer of relief to Iran in return for the country’s compliance with an international nuclear agreement and to Venezuela if it organized free … ( read original…
UPDATE 1-Fed policy changes could hit China capital inflows -c.bank adviser
Expected policy changes by the U.S. Federal Reserve could have an adverse impact on China’s capital inflows, Wang Yiming, a newly appointed policy adviser to the central bank, said. Capital inflows … ( read original…
