Concerns over China landed squarely back on global investors’ radar after Moody’s Investors Service downgraded its credit rating last month, saying it expects the country’s financial strength will erode in coming years as growth slows…
FINANCE
China’s central bank is trying to steal a march on the US Fed, by boosting the yuan
The Chinese central bank is perfectly sensible in making preparatory moves well ahead of any likely rise in US interest rates in the middle of this month, analysts agree, by strengthening the yuan in an…
Trusting an accountant with Hong Kong’s finances speaks volumes of Beijing’s priorities
one step below the post of Financial Secretary. A third nominee decided to bypass Lam and volunteer his service to Beijing, betting that his financial expertise and strong personal ties with Chinese leaders will land…
China Helps Big Auto Get Bigger
China Automotive Information Net, Bloomberg New Energy Finance Note: China’s vehicle sales according to the 2025 government plan. It’s just that authorities were caught flat-footed when a rush of new entrants with no automaking experience,…
Bulk drug parks: Still waiting for financial backing
Once again mentioning the issue of financial crunch, the department added … One of the main reasons for huge API imports from China is its low-cost large-scale manufacturing and heavy subsidies provided to their local…
China Construction Bank marks $1.2bn Nasdaq Dubai listing
China Construction Bank (CCB) on Wednesday rang the market-opening bell to celebrate the listing of a $1.2-billion bond on Nasdaq Dubai, the region’s international financial exchange. This marks the largest single listing by a Chinese…
China walks monetary tightrope as liquidity pressure mounts
China’s central bank is walking a tightrope between keeping enough liquidity to support market stability and deleveraging to avert financial risks. The People’s Bank of China (PBOC) injected 498 billion yuan (73 billion U.S. dollars)…
China should reform forex system to promote yuan flexibility: central bank adviser
BEIJING China should urgently reform its foreign exchange rate system or risk impeding the economy and plans for the yuan to play a larger role on the global stage, a central bank adviser said on…
China stocks gain as companies urge workers to buy shares, MSCI inclusion hopes
SHANGHAI, June 7 China stocks rose on Wednesday as a growing number of listed firms encouraged employees to buy shares, and as the central bank injected more funds into the banking system to ease fears…
Chinese-invested bank injects vitality for development of SMEs in Laos
VIENTIANE, June 6 (Xinhua) — As the Belt and Road Initiative has advanced, the Laos-China Bank (LCNB) has been providing practical services to help small and medium-sized enterprises (SMEs) in Laos solve their financing problems…
China Construction Bank Corporation (HKG:0939) Opens Banks In Malaysia
China Construction Bank (Malaysia) Bhd (CCBM) is the first foreign commercial bank to be granted a banking licence in Malaysia in six years. CCBM is the third China-based bank in Malaysia after the Bank of…
Banks in Beijing raise mortgage rates further to cool property market
The Beijing News reported on Tuesday, the latest move to cool down the red-hot property market. Effective Monday, China Minsheng Bank, China’s biggest private bank, adjusted mortgage rates to 10 percent above the benchmark mortgage…
China’s global plan for the yuan on track, in step with financial markets opening, bank says
China’s financial markets will continue their gradual pace of opening, a process in lock step with the ongoing internationalisation of the yuan, according to Yue Yi, chief executive officer of Bank of China (Hong Kong).…
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