'Dr Doom' highlights global financial risks

Veteran expert says China can learn from the mistakes of Western economies as it plays an increasingly influential role Chinese financial institutions should become increasingly aware of global financial market risks and learn from the mistakes of Western ... ( read original story ...)

China central bank says detects no cases of ransomware infection

BEIJING China's central bank said on Friday it had not detected any cases of infection by the recent global ransomware attack, but was monitoring the situation and would take timely and urgent action. In an email statement to Reuters, the People's Bank of ... ( read original story ...)

How China is banking on infrastructure to become the next USA

The American obsession with President Donald Trump and the investigation into untoward Russian influence is distracting us from China’s bid to displace the US when it comes to global leadership. The latest major step is the “Belt and Road” initiative ... ( read original story ...)

China's confused market strategy reveals old flaws

In February the normally soft-spoken Liu Shiyu, chairman of the China Securities Regulatory Commission, attacked financiers he called “giant crocodiles”. The next month Guo Shuqing, the newly appointed head of the bank watchdog, said he would tackle ... ( read original story ...)

China Is Using the Yuan to Combat Risk of a Market Meltdown

After meeting expectations earlier in the year, the reference rate used by the People’s Bank of China to manage the yuan has come in stronger than the forecasts of four banks who regularly track the measure on 25 of the past 32 trading days. ( read original story ...)

Banking regulators vow to eliminate secondary risks

BEIJING - To strike a balance between financial stability, gradual deleveraging and stable economic growth, China's banking regulators have rolled out a slew of measures. Authorities have said the country will continue to implement a prudent monetary ... ( read original story ...)

Chanos Says More Stresses Apparent at 'Loaned Up' Chinese Banks

Stresses in China’s banking system are becoming more apparent amid the mounting pile of credit extended by the nation’s lenders, according to Jim Chanos, the hedge fund manager who predicted the 2001 collapse of Enron Corp. Loans in China’s banking ... ( read original story ...)