Beijing’s solution is to move them all … “To develop these places we must move people.” In April, the Financial Times joined a three-day, government-organised tour of poverty alleviation efforts in … ( read original…
FINANCE
China Warns Traders of ‘Huge Loss’ If They Short the Yuan
The speech, delivered by a spokesman for the agency on Saturday in Beijing, also included comments on the trade war, making Guo the highest-level financial official so far to publicly comment on the … (…
Tsinghua Global Finance Forum opens in Beijing
Those who speculate and sell the yuan short will surely suffer heavy losses, according to the prepared speech of Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), … ( read original…
China to offer liquidity to Baoshang Bank
BEIJING (Reuters) – China’s central bank said on Sunday that it would offer liquidity to Inner Mongolia-based Baoshang Bank, which the country’s financial regulators have said they would take over due … ( read original…
Chinese regulators announce takeover of Baoshang Bank, cite credit risks
China’s financial regulators announced today China Construction Bank will take over business operations of Inner Mongolia-based Baoshang Bank, Reuters writes. The takeover will last a year. … ( read original story …)
United States’ escalation of trade tensions ‘solves nothing’, China’s financial regulator says
In a written speech delivered by a deputy at the Tsinghua PBCSF Global Finance Forum in Beijing, Guo Shuqing spoke out against the criticism levelled by Washington on issues such as forced technology … (…
Trade War Escalation Won’t Solve Anything, China Regulator Says
(Bloomberg) — The U.S. escalation of trade tensions won’t solve any of its problems but will create volatility in global markets and hurt the world economy, China’s top financial regulator said … ( read original…
China’s top banking regulator says yuan bears will suffer ‘heavy losses’
BEIJING (Reuters) – China’s banking and insurance regulator on Saturday said it did not expect a persistent decline in the yuan and warned speculative short sellers they would suffer “heavy losses” if … ( read…
Should You Be Concerned About China Chuanglian Education Financial Group Limited’s (HKG:2371) ROE?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of…
China accuses U.S. officials of misleading public on trade war
BEIJING (Reuters) – China on Friday accused U.S. officials of lying to the public about their trade war, as rising tensions between the world’s two largest economies kept financial markets in a state … (…
‘Forget about China’ — Why the farmer is his own worst enemy right now
Trader Scott Shellady, at TJM Brokerage, told Yahoo Finance’s The First Trade that in many ways … have resulted in an abundance of soybeans for sale here and overseas. “Forget about China, we’ve … (…
As New Cold War Looms, China Struggles to Grasp Trump’s End Game
China’s government is drawing up plans to potentially bail out Huawei if necessary, according to a person familiar with discussions on how to respond to the threats to the company. One possible option … (…
Trump says ‘dangerous’ Huawei could be included in U.S.-China trade deal
Chief Financial Officer Meng Wanzhou … or services from Huawei and Chinese telecoms firm ZTE in next-generation 5G networks. On Thursday, China’s Commerce Ministry hit back. “If the United States … ( read original story…
