China’s shadow banking sector strengthened efforts to curb its expansion with government support. [Photo/IC] China’s shadow banking sector continued to contract in the first half due to the government … ( read original story …)
FINANCE
China banks set for modest profit growth amid bad loan fears
Indications on future trends are expected to emerge over the coming weeks as the country’s top banks – Industrial and Commercial Bank of China, China Construction Bank Corp, Agricultural Bank of China … ( read…
Behind the words at China’s central bank and Finance Ministry
BEIJING — The People’s Bank of China, the country’s central bank, and the Ministry of Finance are trading blame over an economic slowdown brought on by efforts to cut China’s debt. The rare public sp……
China banks set for modest profit growth as bad loan outlook under cloud
By the end of the June quarter, the non-performing loan ratio for the banking sector reached 1.86 percent, data from the China Insurance and Banking Regulatory Commission shows. This was the highest s… ( read…
Mahathir says China will sympathise with Malaysia’s problems
BEIJING (Reuters) – Malaysian Prime Minister Mahathir Mohamad said on Monday he believed China would sympathise with his country’s “internal fiscal problems” as he seeks to renegotiate, or possibly ca… ( read original story …)
China defies U.S. pressure as EU parts ways with Iranian oil
China, which has cut imports of U.S. crude amid a trade war … which included cutting off Iran and any businesses that trade with it from the U.S. financial system, went into effect on Aug.…
China’s vice premier urges financial support for small and medium firms
HONG KONG (Reuters) – China needs to beef up its capital markets and broaden financing channels for small and medium enterprises (SMEs) as part of wider efforts to support the corporate sector, Vice P… (…
Exclusive: China shifts to Iranian tankers to keep oil flowing amid U.S. sanctions – sources
China has said it is opposed to any unilateral sanctions and has defended its commercial ties with Iran. The first round of sanctions, which included rules cutting off Iran and any businesses that tra… (…
Beijing residential rents jump 25% in July
Monthly rent in Beijing has risen by about a quarter in 2018, according to a research report that has stoked criticism from many of the millions of tenants who live in China’s capital. A research…
Trade war imperils foreign banks’ China plans
However, several bank executives have told the Financial Times that US banks may find themselves … the chief executive of Greater China at Credit Suisse. “Getting management control and a 51 per cen… ( read…
Beijing orders banks to boost lending to exporters
The regulator added that financial institutions should “effectively promote … People close to Chinese policymakers say that Beijing has low expectations for Mr Wang’s talks this week with US Treasur… ( read original story …)
China regulator asks financial institutions to support infrastructure investment
BEIJING (Reuters) – China’s banking and insurance regulator has asked financial institutions to give more support to infrastructure investment, import and export firms, and companies experiencing “tem… ( read original story …)
Financial sector to be opened further
made the remarks on Friday during the Shanghai-based China Financial Futures Exchange’s launch of two-year treasury bond futures. The treasury bond future contracts are agreements allowing investors t… ( read original story …)
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