China has “tremendous” room to adjust monetary policy if the trade war with the U.S. deepens, People’s Bank of China Governor Yi Gang said. “We have plenty of room in interest rates, we have plenty…
FINANCE
Postal Savings Bank of China bullish on equity investments
BEIJING (Reuters) – Postal Savings Bank of China said on Thursday it will raise the proportion of equity investments in its holdings, a move that indicates a further shake-up of country’s capital … ( read…
China wants to pressure the US economy, but the finance sector is probably safe from Beijing
Technology, rare earth minerals and the education sector have been dragged into the scuffle between China and the U.S., but as Beijing considers more countermeasures, experts say that America’s … ( read original story …)
Hutchison China MediTech Limited (LON:HCM): Financial Strength Analysis
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Small and large cap stocks are widely popular for a variety of…
China’s ‘mini-Lehman’ moment to spur smaller bank consolidation
HONG KONG/BEIJING (Reuters) – China is set to see consolidation among its smaller banks after a rare government seizure of a troubled Inner Mongolia lender in May, as Beijing looks to avert any … (…
China’s Lessons for Mexico on Trump: Dig In and Keep It Personal
Treasury Secretary Steven Mnuchin will attend the G-20 finance ministers’ meeting that begins Saturday … “Exports from the U.S. to China are huge,” said Duncan Wood, director of the Mexico Institute … ( read original…
Lawmakers push US-listed Chinese firms to comply with financial oversight
Democratic Senator Bob Menendez, who joined in sponsoring the bill, said, “It’s time for China’s government to play by the same rules as American companies in our financial markets.” The U.S. … ( read original…
China says list of ‘unreliable’ foreign firms coming soon
BEIJING — China’s Commerce Ministry will release a list of “unreliable” foreign companies in the near future, a spokesman said Thursday, without giving a specific date. The new list, announced last … ( read original…
Anti-China sentiment is rising in Washington and Beijing needs to pay attention, former US official says
“almost all” the 24 Democrats running for president in 2020 have “some sort of anti-Chinese sentiment,” says Tim Adams of the Institute of International Finance. Similarly, he is concerned that … ( read original story…
China steps up vigilance on disclosures as market opens to world
“While in the short-term investors may have concerns that this increased scrutiny is indicative of a deterioration in corporate governance, in the longer term this should enhance corporate governance … ( read original story …)
China Steps Up Vigilance on Company Disclosures as Market Opens to World
Under China’s securities law, companies can be fined up to 600,000 yuan for providing false or materially insufficient information, which is “minuscule compared with potential gains from overstating … ( read original story …)
China May Be Culling Dairy Cows for Beef to Offset Pork Losses
(Bloomberg) — With African swine fever wiping out a large portion of China’s pork, the Asian nation is turning to other types of protein both domestically and imported from around the world. Hefty … (…
Beijing propagates the Tiananmen narrative
This is in fact the narrative that is propagated by Beijing, not least to diminish Tiananmen … but under the decade-long shadows and shocks of the financial crisis, the duration of which is … (…
