China’s central bank governor Pan Gongsheng met with US Treasury Secretary Janet Yellen on Friday to exchange views on various issues, including how to make the China-US financial working group …
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Exclusive: Banks in UK assess China risks after being stung by Russia sanctions
Big banks in Britain are preparing for any future escalation of Western sanctions on China and have shared their “scenario planning” with the British and U.S. governments, a senior banking official …
China’s new party finance organ gets to work while concerns over stability loom
New commission, which began operations last month, part of campaign to keep party at helm of financial matters Formation of new body comes amid broader overhaul of state economic functions, redefined …
Beijing Hints At More Fiscal Stimulus After Weak Economic Data
The Standing Committee of the National People’s Congress — the Communist Party-controlled parliament that oversees government borrowing — will meet later this month to review a bill assigning …
PBOC emphasizes security in China’s digital finance evolution
China’s central bank, the People’s Bank of China (PBOC), is spearheading the nation’s evolution into digital finance, emphasizing the importance of security, cost-efficiency, and misuse prevention.
Yellen, China’s top central banker talk about debt, economic developments -US Treasury
U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture and future economic communications,
China’s Sept new bank lending jumps less than expected
China’s new bank loans came in softer than expected in September, figures from the central bank showed on Friday, even as it strives to bolster a shaky economic recovery amid tepid demand.Chinese …
China central bank seen keeping medium-term policy rate unchanged on Monday – poll
China’s central bank is expected to keep borrowing costs unchanged but ramp up liquidity support when it rolls over 500 billion yuan ($68.44 billion) worth of medium-term policy loans on Monday, a …
China’s Export Slump Eases as Beijing Works to Bolster Outlook
The drop in China’s exports moderated further in September, adding to cautious optimism that some parts of the world’s second-biggest economy are stabilizing.Most Read from BloombergIsrael Latest: UN …
China Cracks Down on Cross-Border Financial Flows, Offshore Trading
China on Thursday ordered its securities firms with offshore operations to stop taking on mainland investors as clients, as part of a crackdown against offshore trading and an effort to plug …
Property crisis pushes China to increase financial risk monitoring, asset disposal for troubled small banks
Commercial banks and rural financial institutions will be helped to dispose of bad assets and loans, while also having their capital replenished through multiple channels Beijing is striving to establish a high-quality inclusive financial system…
US working to stabilise China ties, envoy Nicholas Burns says while questioning Beijing’s peace efforts in Middle East, Ukraine
The US will continue communicating with China to find ways towards “peace and coexistence” despite increasing competition, said its top envoy to Beijing, while at the same time questioning Beijing’s …
Beijing Fund Buys Bank Shares to Bolster Investor Confidence Amid Economic Concerns
In a strategic move to bolster investor confidence and stabilize the stock market, China’s sovereign wealth fund, Central Huijin Investment Ltd, has increased its stake in four of China’s largest …
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