Policy makers are allowing for tighter liquidity in the financial system, a signal that Beijing wants to stabilize the level of debt in the economy. Though not as aggressive as previous deleveraging … ( read…
FINANCE
Only the U.S. and China Can Stave Off Debt Disaster
A pandemic-induced crisis threatens to hurl millions into poverty unless Washington and Beijing can work together. ( read original story …)
China’s Financial Markets Are Starting to Price In Deleveraging
Policy makers are allowing for tighter liquidity in the financial system, a signal that Beijing wants to stabilize the level of debt in the economy. Though not as aggressive as previous deleveraging … ( read…
China-Australia relations: Canberra’s path through the WTO looks to be riddled with hurdles and pitfalls
Challenging China’s anti-dumping duties on barley exports at the World Trade Organization (WTO) would be an uphill battle for Australia, with little potential windfall, according to international … ( read original story …)
China exports at record levels as Western producers remain crippled by pandemic lockdowns
November shipments total unprecedented $268 billion, with medical and electronic sectors seeing strong foreign orders. ( read original story …)
‘Counting nature’: aligning finance with nature’s needs
Financial institutions must act quickly to measure their impacts on nature and safeguard the ecosystems we all rely on … ( read original story …)
China trade will be the guarantor of world peace
Much-maligned trade and supply chains, made possible by China’s WTO membership engineered by Zhu Rongji, may ultimately deter the West, led by Washington, from pursuing a military solution to contain … ( read original story…
China estimates shadow banking worth US$12.9 trillion as it moves to clean up high-risk sector
Authorities in China have pledged to crack down further on the nation’s high-risk shadow banking sector, which by official estimates was worth 84.8 trillion yuan (US$12.9 trillion) in 2019. ( read original story …)
China’s $13tn shadow banking sector gets clearer definition
China’s top banking regulator for the first time defined the criteria, scope and classification of the country’s nearly $13 trillion shadow banking sector in a continuing effort to defuse systemic … ( read original story…
China’s Exports Surge on Hot Demand for PPE, Remote Working Tech
China’s exports were supported by strong overseas … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages … ( read original story …)
China Lenders’ Holdings of Corporate Debt Fall as Defaults Climb
China’s commercial banks are reducing their exposure to local corporate bonds after a spate of high-profile defaults rocked the nation’s credit markets in November. ( read original story …)
China Foreign Reserves at Highest Since 2016 as Trade Booms
China’s foreign exchange reserves rose by more than $50 billion in November to the highest since August 2016, likely boosted by the weaker dollar and a trade surplus at record highs. ( read original story…
China in no rush to tighten policy despite quickening recovery: former stats official
China is unlikely to tighten its monetary policy soon, even though an economic recovery could gain steam in coming months, Xu Xianchun, a former vice head of the National Bureau of Statistics, told … (…
