BEIJING — Walter Isaacson’s new biography of Elon Musk hit the Chinese market Tuesday, several hours ahead of the U.S. release due to a time difference that puts Beijing 12 hours ahead of New York.
FINANCE
China aims to increase supply of high-end electronic devices
China aims to increase the supply of high-end electronic devices to boost consumption and bolster the economy, according to a plan jointly issued by the …
China’s central bank to scrutinise bulk dollar purchases – sources
The central bank has warned some lenders of their huge dollar purchases on behalf of their corporate clients, according one of the other sources.
China Stock Traders Load Up on Leverage With New Rule Relaxation
Leveraged China equity positions saw their biggest daily increase in over three years on Monday as new rules took effect that lower the deposit ratio for high-risk trades including short sales.Most …
China is likely headed for a full-blown financial crisis as its economy is due for wilder swings, market expert says
“In this scenario, the next big step for China is a full-blown financial crisis,” Sharma wrote. Amid a growing list of headwinds sweeping through China’s economy, its property market is a leading …
‘Contagion’: Inside China’s $4.5 trillion ‘shadow’ banking crisis
It’s one of China’s largest trusts, responsible for $136 billion of client investments. In total, China’s shadow banking sector manages about $4.5 trillion. “The risk of contagion is high because …
Exclusive-China’s central bank to scrutinise bulk dollar purchases – sources
falling to levels that were last seen during the 2008 global financial crisis. [CNY/] The PBOC had no immediate comment on plans to increase its scrutiny of dollar purchases when contacted by Reuters.
Will China’s economy sink deeper? IMF’s Gita Gopinath explains
China, which achieved spectacular growth since it opened up its markets in the late 1970s, is facing a serious crisis due to emerging faultlines in its real estate sector – which accounts for nearly 3…
China’s Aug new bank loans exceed expectations as financial support for real economy increases
The Consumer Price Index returned to growth from a decline in August while the Producer Price Index narrowed its decrease compared with July, indicating a stabilization and recovery in the overall …
China to tighten scrutiny of LGFVs as Beijing addresses government debt woes – sources
China will put several thousand local government financial vehicles (LGFVs) under tighter scrutiny over their activities, while barring new LGFVs from selling bonds publicly as Beijing moves to plug …
OPINION – Beijing’s huge scope goes beyond just spying
It may not be high-grade facts and data. But the scale of it allows China to build up complex jigsaws of information which may give it a political, trade or military advantage over the West.…
China’s Yuan Rises After Central Bank Sounds Warning
China’s currency gained ground against the U.S. dollar after the central bank warned that it wouldn’t tolerate excessive market movements. The offshore yuan, the more freely traded version of China’s …
China’s Aug new bank loans jump more than expected, more policy steps expected
BEIJING (Reuters) -New bank lending in China beat expectations by nearly quadrupling in August from July’s level, as the central bank sought to shore up economic growth amid soft demand at home and …
