China’s local governments issued around 560 billion yuan (about 78.93 billion U.S. dollars) in new bonds in February, data from the Ministry …
FINANCE
China’s BYD poised to overtake Tesla in EV sales by end of 2024
A nalysts foresee China’s BYD potentially surpassing Tesla in battery electric vehicle (BEV) sales by the close of 2024. This development underscores a notable transformation in the global EV market, …
UPDATE 1-China to issue some policy bank bonds ahead of special treasuries, sources say
China plans to issue some policy bank bonds earlier in the second quarter ahead of planned sales of special treasury bonds, two sources said on Thursday. Chinese Premier Li Qiang said during the parli …
China Central Bank Names First Female Deputy Governor Since 2015
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
China to issue policy bank bonds earlier ahead of special bonds, sources say
China plans to issue some policy bank bonds earlier in the second quarter to make way for planned sales of special treasury bonds, two sources said on Thursday.Chinese Premier Li Qiang said during the …
China Market Update: Growth Stocks Lead Mainland China & Hong Kong Higher
Absurd. The South China Morning Post reported President Xi directed, “The People’s Bank of China must gradually increase the trading of treasury bonds in its open market operations,” based on a speech …
China’s property turmoil hits midsized bank Everbright
Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. China’s Everbright Bank missed profit estimates due to investment losses and an increase in cash set …
China’s Country Garden delays publication of 2023 financial results
Country Garden , China’s largest private property developer, delayed the publication of its 2023 financial results on Thursday saying it needed to collect more information to make appropriate …
Old Xi Speech on China’s Monetary Tools Catches Trader Eyes
China should enrich its toolbox of monetary policies and the … The snippet was taken from his speech — which was previously not fully released — during a twice-a-decade financial policy meeting in …
China’s duty clear on Australian wine will hurt Bordeaux sales, producers say
French Bordeaux wine exporters, who supply 9% of China’s total wine and spirits imports, expect a rapid fall in exports after China’s decision on Thursday to lift import tariffs on Australian wine.
China’s Bond Frenzy Fades Amid Worries Best Returns Are Over
A fizzing five-month rally in Chinese government bonds looks set to end this month, as the haven buying spree comes under threat from expectations of higher debt issuance in the second quarter and a …
Xi’s Old Speech on China’s Monetary Tools Catches Traders’ Eyes
China should enrich its toolbox of monetary policies and the … The snippet was taken from his speech — which was previously not fully released — during a twice-a-decade financial policy meeting in …
JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers
SYDNEY, March 28 (Reuters) – JPMorgan (JPM.N), opens new tab has appointed Rita Chan and Alan Ho as co-senior country officers for China, according to a memo reviewed by Reuters on Thursday. The pair …