“Thursday’s actions follow a series of moves meant to put Beijing on notice. The Trump administration … He didn’t blow anything up today.” You are reading The Finance 202, our must-read tipsheet on … (…
FINANCE
China central bank warns of excessive money growth
China’s central bank has pledged to control money-supply growth in order to prevent financial risks, in remarks that appeared to be an indirect warning against resorting to heavy-handed stimulus in re… ( read original story…
Chinese central bank’s step into Hong Kong to ‘improve transparency and liquidity’
The planned bill sale by the People’s Bank of China (PBOC) in Hong Kong next week, the central bank’s first step towards creating a offshore monetary policy, will improve market transparency and help … (…
2018 Beijing International Youth Tourism Festival Curtains Down
BEIJING, Nov. 2, 2018 /PRNewswire/ — Organized by Beijing Municipal Commission of Tourism Development (BMCTD), 2018 Beijing International Youth Tourism Festival closed with great success at … ( read original story …)
China says ‘grey rhino’ financial risks may surface in 2019
BEIJING (Reuters) – China’s central bank warned on Friday that financial risks associated with “grey rhino” events – highly obvious yet ignored threats – may surface next year as the country faces inc… ( read…
China Is Next on Khan’s List as Pakistan Looks for Bailout
(Bloomberg) — Pakistan’s Prime Minister Imran Khan began a four-day visit to China on Friday to shore up support for a financial bailout that the South Asian nation desperately needs. China’s Preside… ( read original…
China’s money rates ease after month-end but still up on week
SHANGHAI, Nov 2 (Reuters) – China’s primary money rates eased on Friday from month-end highs but remained elevated compared with a week earlier, as the central bank refrained from injecting fresh fund… ( read original…
China says financial risks of “grey rhino” events may surface next year
BEIJING, Nov 2 (Reuters) – China’s central bank said on Friday that financial risks associated with “grey rhino” events – highly obvious yet ignored threats – may surface next year as the country face… (…
BRIEF-China Ever Grand Financial Leasing Group Unit Enters MoU With Great Wisdom Tech
Nov 2 (Reuters) – China Ever Grand Financial Leasing Group Co Ltd: * UNIT ENTERED INTO MOU WITH GREAT WISDOM TECH FOR POSSIBLE ACQUISITION OF SHANGHAI LIZU BIOTECHNOLOGY * HIGH GRACE HOLDINGS … ( read…
US charges China-controlled company in trade secrets theft
LOS ANGELES — The United States has charged a government-controlled company in China with stealing trade secrets from an American semiconductor company, the Justice Department said Thursday as it outl… ( read original story …)
China Biologic Reports Financial Results for the Third Quarter of 2018
3Q18 Total Sales Up 21.9% YoY in RMB terms, or 19.6% YoY in USD terms; Non-GAAP Adjusted Net Income Down 12.7% YoY in RMB terms; Net Income Up 4.1% YoY to $32.9 Million Board of…
Beijing gets World Bank thumbs-up for its better business environment
The World Bank has endorsed China’s measures to improve its business environment for both foreign and private investors, granting the world’s second largest economy its highest ever ranking in the ann… ( read original story…
China to step up policy support for rural economy: central bank vice governor
BEIJING (Reuters) – China will step up monetary policy support for rural areas and encourage local firms to raise funds in the capital markets, said a central bank vice governor, pledging that Beijing … (…
