Yi, the governor of the People’s Bank of China (PBOC), told a financial forum in Beijing that he expected China’s macro leverage ratio to stabilise next year as the economy expands … ( read original…
FINANCE
China to balance stable growth and risk prevention, People’s Bank of China governor says
Yi, the governor of the People’s Bank of China (PBOC), told a financial forum in Beijing that he expected China’s macro leverage ratio to stabilise next year as the economy expands, after the debt ……
China will continue to support development of fintech
China will continue to support development of financial technology and pay great attention to risks from cyber security, data privacy and monopoly, chairman of China banking and insurance regulator … ( read original story …)
China will balance need for stabilising growth and preventing risks: central bank governor
China will strike a balance between stabilising economic growth and preventing risks, even as debt was allowed to temporarily rise this year to support the coronavirus-hit economy, central bank … ( read original story …)
China vice premier says economy will very likely achieve positive growth this year
China’s Vice Premier Liu He said on Wednesday the economy will very likely achieve positive growth this year, adding that China’s prudent monetary policy should be kept appropriate and flexible, and … ( read original…
China Will Improve Economic Assessment of Property Finance
The government will improve its assessment of property finance, Pan told a financial forum in Beijing. Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money … ( read…
Trump has ‘secret’ China bank account, new report claims
New York Times reports the President has a previously unknown bank account in China controlled by Trump International Hotels Management Donald Trump arrives at a rally in Pennsylvania on Tuesday night … ( read original…
China shares inch lower as EVs, tech firms drag; optimism around economy caps losses
China shares ended lower on Wednesday, dragged down by profit-taking in new-energy vehicle and technology stocks due to their high valuations, while confidence in the country’s economic recovery from … ( read original story …)
Huawei, China Firms Said to Seek Curbs on Nvidia’s Arm Deal
Chinese technology companies including Huawei Technologies Co. have expressed strong concerns to local regulators about Nvidia Corp.’s proposed acquisition of Arm Ltd., people familiar with the matter … ( read original story …)
Trump records show Chinese business pursuits and bank account: NYT
Donald Trump spent years cultivating business projects in China, where he maintained a previously unknown bank account, The New York Times reported Tuesday, as the US president attempts to portray … ( read original story…
Low-interest rate loans from China are attractive to African countries, says Senegalese president
Beijing has often been the only source of long-term financing for African countries that they could not get through the private markets to finance big infrastructure projects, said Senegalese … ( read original story …)
Yuan rallies to strongest in two years in renewed test for the central bank
Beijing: The yuan climbed to its strongest level since July 2018, presenting China’s central bank with another test of how much appreciation it will tolerate. The yuan gained as much as 0.25% to … (…
Trump Records Show Previously Unknown Bank Account in China
Donald Trump has a bank account in China, a new report has found. Nearly a month after the New York Times published its first of several articles analyzing Trump’s tax information, the outlet is … (…
