0733 GMT – The Chinese government bond yield curve should steepen on the PBOC’s recent measures, Barclays strategists say, noting the central bank’s announcement Monday that it will conduct temporary …
FINANCE
Why does China’s central bank have a new cash management tool?
China’s central bank unveiled a new cash management tool through temporary bond repo agreements and reverse repos, expanding its monetary policy framework. Market participants see these as crucial …
China’s financial sector is put on needed GDP diet
It’s usually a red flag whenever China’s bean counters “optimise” already questionable market indicators. However, the recent tweak to how the country calculates what the financial sector contributes …
China Regulator Said to Ask Some Banks to Dial Back Bond Risk
China’s financial regulator asked some rural lenders to shorten the average duration of their bond holdings, according to people familiar with the matter, as authorities seek to safeguard the banking …
China’s Benchmark Rate Becomes Endangered Species in Central Bank Shift
The People’s Bank of China’s Governor Pan Gongsheng last month said Beijing is studying shifting to a short-term rate to guide markets, spurring traders and economists to slap an endangered species tag on the existing…
China’s Benchmark Rate Becomes Endangered Species in Central Bank Shift
The People’s Bank of China’s Governor Pan Gongsheng last month said Beijing is studying shifting to a short-term rate to guide markets, spurring traders and economists to slap an endangered species tag on the existing…
China’s losses in Kenya are America’s opportunities in Africa
This is a moment when America can make headway on the continent because African leaders are also upset about China’s unfulfilled pledges.
China Cracks Down on Short Sales, Quants to Boost Stocks
China took some of its most extreme steps yet to restrict short selling and quantitative trading strategies, seeking to support the nation’s sliding stock market as a closely-watched economic policy …
China Watchdog Tightens Short Selling Rules to Bolster Market
China took some of its most extreme steps yet to restrict short selling and quantitative trading strategies, seeking to support the nation’s sliding stock market as a closely-watched economic policy …
Exclusive: China dials up scrutiny of Big Four audit firms
HONG KONG, July 10 (Reuters) – China’s Ministry of Finance is conducting more rigorous checks of work done by the Big Four auditing firms for local companies, three people with knowledge of the matter …
China’s banking turmoil: 40 banks vanish as crisis deepens
The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the collapse of Jiangxi Bank has further deepened the sector’s problems. Experts warn that the …
How Xi Can Shock the World With Big-Bang Moves at China Plenum
China has the firepower to end its housing crisis at a high-stakes policy meeting, including with a “big-bang solution” that involves pumping money like the Federal Reserve. But it’s unlikely to pull …
China dials up scrutiny of Big Four audit firms after Evergrande probe, sources say
China’s Ministry of Finance’s scrutiny is mainly focused on Deloitte, EY, PwC, KPMG and their audits of some financial firms as well as highly leveraged companies.