China’s securities regulator has ordered some brokerages to inspect their bond trading activities, three people with knowledge of the matter said, as authorities seek to rein in frenzied buying of …
FINANCE
China’s Harvest Fund chairman under investigation steps down
China’s Harvest Fund Management said on Friday that Chairman Zhao Xuejun had resigned and is cooperating with relevant authorities regarding an investigation pertaining to “personal problems”, without …
China’s sluggish job market pushes tech and finance workers to move to Hong Kong to sell insurance
Lam Yik—Bloomberg via Getty Images Hong Kong is seeing an influx of professionals from mainland China’s finance and tech sectors who are disillusioned with their career and salary prospects across the …
China treasuries fall after state media says trading accounts must not be borrowed
SHANGHAI/BEIJING (Reuters) -Chinese treasuries fell on Friday after state media said trading accounts must not be borrowed or transferred, following the launch of a probe by regulators into suspected …
China’s July consumer prices jump faster than expected, producer deflation persists
China’s consumer prices rose at a faster-than-expected rate in July, while producer deflation persisted, as Beijing ramps up support for its frail consumer sector in the face of a sputtering economic …
China’s State-backed banks under fire over alleged market manipulation in bond trading
The National Association of Financial Market Institutional Investors said in a statement on Wednesday the banks – all based in eastern Jiangsu province – “were suspected of manipulating prices and …
China state-backed banks named and shamed for manipulating prices as bond rally takes toll
The central bank is seen trying to counteract forces suppressing Chinese bond yields. But in the absence of monetary tightening, a ‘short-term pause’ to the rally may be the best outcome.
China ramps up fight against record bond rally as targets widen
China widened its battleground against bond speculators, targeting everything from fund companies to rural banks to one of traders’ favorite parts of the debt market.Most Read from BloombergAfrica’s R …
Russia And China Plan Barter Trading To Dodge US Banking Surveillance: Report
The governments of Russia and China are reportedly planning to initiate barter trading systems. This move is seen as an effort to avoid banking systems that are under the surveillance of the United …
Taiwan July exports misses forecasts on weak China demand, but U.S. soars
Taiwan’s exports rose less than expected in July as weak demand from China offset record orders from the United States which underscored the island’s essential role as a supply hub for the booming …
Facing budget crunches, Chinese tax collectors descend on companies
Finance Minister Li Fo’an told the official Xinhua News Agency … senior fellow at the Peterson Institute for International Economics. Beijing has been reluctant to rescue struggling local …
China’s central bank conducts reverse repos Thursday
BEIJING, Aug. 8 (Xinhua) — China’s central bank conducted 7.1 billion yuan (about 993.6 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.7 percent Thursday. The move aims to …
China’s last boomtowns show rapid growth is still possible
Perhaps, as Yueqing demonstrates, the best way it can assist China’s firms is by doing less. For more expert analysis of the biggest stories in economics, finance and markets, sign up to …
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