While Xi reaffirmed China’s position that Taiwan is part of China during a recent summit with President Biden, he reportedly said that there are no immediate plans for invasion.
FINANCE
China’s economic data again under the microscope, local authorities warned over falsifying statistics
Amid rising debt, property slump, data may be China’s next financial hurdle In a rare move in October, the Standing Committee of the National People’s Congress warned some asset quality data at small …
China finance ministry surveys banks about sovereign bond issuance plan for 2024 – sources
In a surprise move, China in late October approved 1 trillion yuan ($140.11 billion) of sovereign bond issuance for this year — its first such fiscal deficit expansion within the year in 23 years –…
The Big Risk Causing Investors to Shun China
HONG KONG—Investing in China has never been this perilous. When global investors flocked to the country during its economic boom in the past decade, geopolitical risks were at the back of their minds.
One of China’s biggest banks has banned analysts from writing bearish research and showing off their wealth
China International Capital Corp. also told employees to avoid wearing luxury brands or disclosing their pay to people outside the bank.
Can China’s banks rescue the property market?
As the Chinese property crisis deepens, a new round of bank-led rescue efforts is on the horizon. While banks must shoulder part of the blame for the crisis, their options for action are limited.
More Chinese investors look abroad to park cash as Beijing seen ‘softening’ on capital flows
Overseas investments by Chinese firms are poised to surge after peaking in 2016 and then plunging amid internal and external pressures, according to a new HSBC report Chinese companies in the …
China edges towards a big bail-out
A true bail-out would give developers access to copious credit, as would be needed to restore confidence in the property market. Demand for land would rise, giving local governments more income.
China’s Major Investment Bank Restricts Analysts From Making Bearish Calls And Displaying Wealth
One of China’s leading investment banks, China International Capital Corp. (CICC), has issued a directive barring its analysts from making bearish market calls and showcasing their affluent lifestyles …
China’s Economy Is Stuck in a Vicious Cycle
The country’s economy is caught between wary households and wobbly property firms, with no clear escape route.
Bank watchdog warned Hunter Biden got China cash in 2018 for ‘no services rendered’: email
The House Oversight Committee released the internal bank communication as Republicans prepare for a vote to authorize an impeachment inquiry.
Analysts at China’s CICC told not to publish bearish views, wear luxury items -memo
China International Capital Corp (CICC) , the country’s third-largest investment bank by market value, has told analysts not to publish bearish views on China’s economy or its financial markets, …
China Investment Bank Bans Bearish Research, Wealth Displays
One of China’s largest investment banks has warned its analysts against making any bearish calls and to avoid showing off their lavish lifestyle, as Beijing continues to clamp down on well-paid …
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