Surely China could emulate a similar system … even if the market is treating them that way. The Ministry of Finance gives very strict guidance on new issues: Local governments are advised … ( read…
FINANCE
China stocks slip on fears of fresh ‘shadow banking’ purge
Chinese stocks fell on Monday amid concerns that Beijing may renew a campaign against shadow banking that contributed to a heavy sell-off across the market last year. Analysts pinned much of the blame … (…
Is Hong Kong ready to be the financial hub of China’s Belt and Road Initiative?
The message is telling enough: Beijing is amenable to the idea of turning Hong Kong into a belt and road financial hub offering the city’s professional services, a long-time wish of the government … (…
China Names Chen Siqing to Head World’s Largest Bank
China has named a new chief for Industrial & Commercial Bank of China Ltd., the world’s largest lender by assets, people with knowledge of the matter said. Chen Siqing, chairman of Bank of China Ltd.,…
China’s economy responding to healthy policy stimulus: QNB
While the Chinese private corporate sector accounts for over 70.0 percent of economic activity and an even larger chunk of urban job creation, it has always been a marginal borrower in China’s … ( read…
Hyatt Regency Beijing Shiyuan Opens in Beijing’s Stunning Nature Retreat of Yanqing
Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Beijing Shiyuan, located in the vibrant Yanqing District of Chinas capital city. Yanqing is known as an imperial retreat … ( read original…
UPDATE 1-China further relaxes rules for index futures trading
SHANGHAI, April 19 (Reuters) – China’s financial futures exchange said on Friday it was further relaxing index futures trading rules，reducing margin requirements，cutting fees and allowing more trading … ( read original story …)
Central bank injects liquidity into market
Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, Oct 8, 2018. [Photo/IC] BEIJING – China’s central bank injected funds into the monetary market on Friday to … ( read…
China relaxes rules for index futures trading
SHANGHAI, April 19 (Reuters) – China’s financial futures exchange said on Friday it was further relaxing index futures trading rules，reducing margin requirements，cutting fees and allowing more trading … ( read original story …)
Financial market opening-up to intensify starting from Q2
China’s financial market opening-up is on a steady track, with domestic bond and stock markets set to be further incorporated into global indexes from the second quarter, the State Administration of … ( read original…
Reshuffle in Pakistani cabinet after finance minister quits
Pakistan is seeking an $8 billion bailout package, but the United States, which exerts major influence over the fund, has said it should not finance the billions of dollars in loans Pakistan has taken ……
Forget the cold war. US-China rivalry won’t end in triumph for either side
. The two nations’ rivalry, however, is just beginning. But this rivalry may not have a clear winner at the end. Their economies are so intertwined, directly and indirectly through integration with … ( read…
Pakistan’s finance minister quits amid criticism
Pakistan is seeking an $8 billion bailout package, but the United States, which exerts major influence over the fund, has said it should not finance the billions of dollars in loans Pakistan has taken ……
