Australia’s recent tensions with China led more companies to consider diversifying to other parts of Asia, ANZ CEO Shayne Elliott told CNBC … ( read original story …)
FINANCE
Exclusive: Major China state banks seen swapping dollars for yuan in forwards market – traders
China’s major state-owned banks have been swapping U.S. dollars for yuan this week, traders said on Thursday, suggesting monetary authorities are trying to rein in the sharply appreciating currency. T … ( read original story…
Biden presses Trump to release tax returns after report on China bank account
Former Vice President Joe Biden again pressed President Trump to release his tax returns during Thursday’s presidential debate, after … ( read original story …)
China SME Banking Report 2020 with 360 Interviews with Key Decision Makers
The “China SME Banking Report 2020” report has been added to ResearchAndMarkets.com’s offering.The Small Medium Enterprise (SME) Report – China 2020, provides a complete primary-research-based picture … ( read original story …)
Analysis: As COVID persists and U.S. election nears, China growth lifts Asia
“Exports rapidly improved on the back of recovery in China and other major economies, which spearheaded our third quarter growth,” Finance minister Hong Nam-ki said on Tuesday. China’s early recovery … ( read original story…
Beijing comes banging on real estate’s door
The central bank has asked developers to report monthly investments, loans and more. It’s an extraordinary step to rein in China Evergrande and peers, which have amassed over $2.5 trln of debt. ( read original…
China’s Financial System Needs a Greater Helmsman
Fickle and lacking vision and independence, the People’s Bank of China has encouraged risky corporate behavior and helped to make China one of the world’s most indebted nations. ( read original story …)
China’s banking shares head for ‘V-shaped turnaround’, to rise 60 per cent, CICC says
China’s strengthening economic recovery has already spurred the buying of abandoned banking stocks, as the sector heads for its biggest quarterly gain this year, and China International Capital … ( read original story …)
Capturing Investment Opportunities in China’s $16 Trillion Bond Market
Bloomberg hosted a virtual event convening senior industry leaders in finance to discuss key investment trends and opportunities in China’s bond market. China Construction Bank Corporation Singapore … ( read original story …)
China’s Failing Small Banks Are Becoming a Big Problem
With its ad hoc rescues and bailouts of regional lenders, the country’s central bank risks fueling a larger financial crisis. ( read original story …)
Hong Kong has a huge role to play in supporting China’s fintech juggernaut, financial secretary Paul Chan says
Hong Kong, as the gateway to China and a rising regional fintech power, has much to offer and is poised to reap the rewards, says Paul Chan. ( read original story …)
U.S. Senate Bill Aims for More Financial Restrictions on China. Here’s How That Could Play Out.
The proposed bill calls for barring U.S. investors from taking stakes in Chinese companies on the Commerce Department’s black list or on a list of companies operating in the U.S. with ties to China’s ……
Bank of China Aims to Boost Debt Team on Offshore Deal Surge
Bank of China Ltd. plans to expand its headcount in the offshore bond business by 40% as it fights with global banks for a greater slice of a market that’s seen a surge in Chinese…
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