China’s new bank loans are expected to have risen in August from the previous month, as the central bank sought to keep liquidity flush to support embattled smaller companies and backstop an economy … (…
FINANCE
China’s financial sector accelerates opening up amid pandemic
Though the global financial sector is facing challenges amid the COVID-19 pandemic, China has continued to accelerate the opening up of its financial sector. “If a Chinese company sells its products … ( read original…
POLL-China’s new yuan loans set to rise in Aug, keep economy on recovery path
China’s new bank loans are expected to have risen in August from the previous month, as the central bank sought to keep liquidity flush to support embattled smaller companies and backstop an economy … (…
Financial Review, ABC journalists forced out of China
The China correspondents for The Australian Financial Review and the Australian Broadcasting Corporation spent five days under protection in Australian diplomatic missions after police visited their … ( read original story …)
Two Australian journalists rushed out of China over arrest fears
Two Australian journalists were rushed out of China overnight after Chinese police sought to question them, their employers said Tuesday. ( read original story …)
NGMEX Has Signed A Memorandum of Understanding with A Leading Commercial Bank in China
The two entities will maintain and reinforce the further strengthening of their business relationship. “We are pleased to partner with one of the leading Chinese commercial banks and the official … ( read original story…
How China’s Top Broker Tamed the ‘Insane Asylum’ of Hong Kong Finance
Chinese investment bank Citic Securities is remaking Hong Kong brokerage CLSA in its own image, in a microcosm of how the Asian financial hub is changing. ( read original story …)
Despite virus setback, investors may chase office realty in Beijing
Qiao Jian/For China Daily] Declining rent levels and increasing investable assets in Beijing’s office realty market caused by COVID-19 will offer a window of opportunity for investment in the next … ( read original story…
US-China tensions intensify as Trump pursues financial decoupling
Antagonism between the U.S. and China has moved beyond trade and technology and is now intensifying in the financial sector as well. Global attention has been drawn to the Hong Kong Autonomy Act, … (…
China August exports rise 9.5% y/y, beat forecasts; imports down 2.1%
China’s exports in August rose at a faster-than-expected pace, increasing by 9.5% from a year earlier, though imports dropped 2.1%, customs data showed on Monday. China posted a trade surplus of … ( read original…
RPT-INSIGHT-TikTok troubles narrow gap between Beijing and ByteDance founder Zhang Yiming
ByteDance founder Zhang Yiming has long positioned himself as a global internet entrepreneur, largely eschewing Chinese government involvement, but U.S. demands to sell his crown jewel TikTok are … ( read original story …)
China Returns to Old Construction Playbook to Boost Growth
China is returning to its stimulus playbook, with local governments borrowing a record amount to spend on infrastructure this year to drag the economy out of its coronavirus- induced slump.In past … ( read original…
China regulators vow to expand stock connect in further market opening
Chinese regulators vowed to accelerate the opening up of its capital markets and deepen reforms to attract more foreign investors. ( read original story …)
