[Photo/Sipa] BEIJING – Foreign financial institutions are heavily engaged … The country also welcomes cooperation with foreign institutions specializing in such areas as green finance, sustainable …
FINANCE
China Signals More Targeted Stimulus to Follow Abrupt Cut to Bank Reserve Ratio
China’s central bank unveiled broad plans to guide money into sectors of national importance to boost the faltering economy this year, after making an unusual reserve requirement ratio …
Singapore venture financier InnoVen eyes China’s technology start-ups after US$130 million fundraising
Singapore’s InnoVen Capital Group completes a US$130 million first close for its second China fund, as it eyes financing China’s fund-starved start-ups.
Derisked? China’s U.S. bond footprint fades :McGeever
A gradual financial disentangling of China and the United States after decades of symbiosis may reduce fears of ‘mutually assured financial destruction’ but also harden divisions in an increasingly …
China’s banking sector assets up in 2023
The assets of financial institutions in China’s banking sector grew 9.9 percent year on year to 417.3 trillion yuan (about 58.7 trillion U.S. dollars) last year, Liu Zhiqing, a spokesperson for …
Buyer Beware: China Faces Challenges Bolstering Its Stock Market
Investors should be wary of the government’s efforts to prop up China’s equity markets. The weakness in the property market could be the tip of an iceberg.
China to enhance cooperation with World Bank: vice premier
BEIJING — China stands ready to work with the World Bank to actively contribute to addressing global challenges, Chinese Vice Premier Ding Xuexiang said Thursday in Beijing.
Geopolitics, elections and policy uncertainty to weigh on China market -financial leaders
Asia’s top financial executives expect geopolitical tensions, the coming U.S election and Beijing’s policy uncertainty to keep shaking confidence in China investment in 2024, as investors target other …
Beijing is making moves to restore confidence in its battered stock markets, but there might be another big problem just ahead
Ugly corporate results could undermine Beijing’s efforts to prop up investor confidence in China’s stock markets, which have bled over $6 trillion in market value from 2021. Yesterday, China’s central …
China is ramping up stimulus to boost market confidence — but is it enough?
Starting Feb. 5, the People’s Bank of China will allow banks to hold smaller cash reserves, central bank governor Pan Gongsheng said at a press conference, his first in the role. “The latest [PBOC] …
Financial policy to focus on real economy
China’s financial regulatory policy will focus on supporting the real economy and further opening up the country’s financial services industry, said Li Yunze, head of the National Financial Regulatory …
China’s stock market fall sounds alarm bells
Throughout 2022 the imperialist powers and global corporations applied tremendous pressure on the Chinese government to lift its successful anti-COVID public health measures. Their eventual success at …
China unveils the latest $140 billion lifeline to prop up its economy and markets
Policymakers in China are set to introduce a large shot of liquidity to prop up the country’s slumping economy and financial markets. China’s central bank announced Wednesday its largest “economic …