VCG. There have been multiple media reports that a meeting of the China-US Financial Working Group was held in Shanghai on Thursday and Friday. This was the fifth b
FINANCE
China Market Update: Alibaba & JD Soar, Week In Review
China reported mixed economic data for July on Wednesday as industrial production and overall retail sales were lower than expected while online retail sales increased nearly +10% year-over-year (YoY). Asian equities had a strong finish…
China doubles subsidies to boost auto trade-ins
China has increased a financial stimulus to encourage consumers to scrap their old vehicles and buy new ones according to a circular issued on Friday
Chinese commercial bank chairman killed, stabbed in office, ex-subordinate held: report
Bank of Handan chairman Zheng Zhiying died in hospital on Thursday having been allegedly killed by his former employee, according to reports.
China’s central bank says risks from local government debt have dropped
China’s financial risks have dropped, including from local government debt, People’s Bank of China Governor Pan Gongsheng said in interviews with state media.
China’s new loans hit a 15-year low, but investors ‘should not panic’
China’s new bank loans fell to a 15-year low in July in what some analysts see as a sign of continued weakness in the economy. But others said investors “should not panic” as seasonality and…
China’s Bond Dilemma
Chinese investors need outlets other than government bonds, especially as economic growth slows.
China’s interbank system promoted as safeguard against Swift consequences
A senior researcher has encouraged China to expand the use of its interbank transfer protocol, warning of risks inherent in the use of Western systems like Swift.
China to improve central bank system, promote high-quality financial development: PBOC governor
China will concentrate on improving the twin-pillar regulatory framework of monetary policy and macro-prudential policy to maintain the stability of both currency value and the country’s financial …
China Central Bank to Plan Additional Policies to Support Growth
China’s central bank will plan more policies to support growth, Governor Pan Gongsheng said, as the economy struggles to gain momentum.
Will African students’ embrace of China opportunities build support for Beijing?
When Kenyan international relations student Adhere Cavince wanted to pursue his doctoral degree, “studying in China came as a natural choice” because of his academic interest and China’s global …
‘Long, cold road’: Grim sign ‘iron ore Ice Age’ is coming as China crash hits
Australia has spent 25 years riding its China luck – but that is all about to come crashing down as a terrifying “iron ore Ice Age” looms. Australia has spent 25 years riding its China…
China’s central bank shifts date of key policy loan operation
China’s central bank shifted the date of its monthly medium-term lending operation, a widely expected move that’s part of monetary policy overhaul aimed at letting short-term rates play a bigger role …