The former head of China’s securities regulator has raised concern about banks addressing funding shortages by ramping up issues of short-term interbank debt instruments that have in the past … ( read original story …)
FINANCE
US-China trade war: Beijing will honour phase one deal by opening financial sector wider, its central bank chief says
Beijing’s intention to continue honouring trade deal, requiring China to significantly increase purchases of US goods and services, reflects the Chinese government’s efforts to keep US-China ties from … ( read original story …)
China sanctions Rubio, Cruz, and others over U.S. action on Hong Kong
The U.S. lawmakers targeted by China on Monday have been vocal critics of a new national security law that Beijing imposed on Hong Kong in late June, expanding its authority in the financial hub. (…
Oil climbs on positive China data, rising demand
Oil rose on Monday, supported by an improvement in Chinese factory data and rising energy demand as countries eased coronavirus-related lockdowns, but traders remained cautious due to U.S.-China … ( read original story …)
What Happens Next for Hong Kong’s Financial Assets Could Reshape the Course of Economic History
China recognizes that establishing regional and global dominance in its financial markets is the last step in cementing its ascension as a superpower. ( read original story …)
China Index Holdings Announces Second Quarter 2020 Unaudited Financial Results
(GLOBE NEWSWIRE) — China Index Holdings Limited (NASDAQ: CIH), (“CIH” or the “Company”), a leading real estate information and analytics service platform provider in China, today announced its … ( read original story …)
China Avoids Top Trump Aides in Hong Kong Retaliatory Sanctions
China said it will sanction 11 Americans in retaliation for similar measures imposed by the U.S. on Friday, but the list doesn’t include any members of the Trump administration. Those sanctioned … ( read original…
China Seeks to Drop Rating Requirement for Some Bond Issuers
China’s securities regulator has proposed removing a requirement for bond issuers on the nation’s stock exchange markets to seek credit ratings, in the latest move to make it easier for firms to sell … (…
China July Consumer Inflation Picks Up Amid Flood Disruption
China consumer inflation accelerated and factory price deflation eased in July, as the nation’s economy continued to recover from the coronavirus crisis amid disruption from regional flooding. ( read original story …)
China to resolutely deepen opening-up of financial sector: Central bank governor
China will resolutely push forward the opening-up of the country’s financial industry regardless of how the international situation changes, the central bank governor told Xinhua in a recent interview … ( read original story …)
China bank failure fires quiet warning shot
Beijing will let Baoshang Bank go under in the first such insolvency since 2001. The liquidation of the lender, used as a piggy bank by an insurer, will raise credit costs for small peers, pushing…
China: The Bubble That Never Pops, by Thomas Orlik
To Thomas Orlik, chief economist at Bloomberg Economics, these responses amount to an acute case of what he calls “sinophrenia” — a condition of modern commentary that combines the belief that China … ( read…
U.S.-China Tensions Halt Rally in Emerging Market Currencies
(Bloomberg) — A rally in emerging-market currencies paused last week, even as the dollar held close to its lowest level in two years, as intensifying U.S.-China tensions outweighed positive … ( read original story …)
