A sentence from a months-old speech by Chinese President Xi Jinping has sparked speculation the central bank might start aggressively buying government bonds to support the economy, a stimulus measure …
FINANCE
China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt
China’s finance sector was once freewheeling, but new regulations and mandates from officials suggest banks’ new role looks beyond simple profit-seeking.
Foreign investors aren’t the only ones bailing on China
In these circumstances, the government’s attempts to bolster China’s stock and property market face a steep uphill battle.
Yellen’s Slap at China Could Widen Economic Front: ‘China Distorts EV and Solar Markets’
Janet Yellen, U.S. Secretary of the Treasury, strongly criticized China for distorting the global market with its overproduction in the electric car and solar industries before she visited China next …
Beijing At A Loss On What To Do About Its Economic Challenges?
Two Sessions meeting witnessed party leadership failing to offer much of an agenda; strange in the face of China’s great economic challenges.
China issues 560 bln yuan local gov’t bonds in February
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 …
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 …
