China’s infrastructure investment growth picked up in September, due to the acceleration in issuance of local government special bonds, while the manufacturing investment also increased thanks to …
FINANCE
Biden pitches Americas summit on alternative to China funding for infrastructure and development
Don’t miss: Jim Chanos says China ‘poses grave financial and geopolitical threats’ — ‘more so today than ever before’ Also see: Biden enlists India leader Modi as counterweight to China influence …
China’s non-financial ODI up 18.7 pct in first nine months
China’s non-financial outbound direct investment (ODI) increased 18.7 percent year on year to 673.14 billion yuan in the first nine months of the year, …
China to foster sound monetary, financial environment: central bank
China’s central bank on Friday said that it will further implement financial macro control and maintain its prudent monetary policy to foster a sound monetary and financial environment.
China central bank probes ‘abnormal’ trades during Oct. 31 liquidity stress
BEIJING, Nov 3 (Reuters) – China’s central bank said on Friday that the country’s interbank market operator was probing “abnormal” trades on Oct. 31, when overnight borrowing costs surged to as high …
China central bank says subsidiary is probing Oct. 31 abnormal trades
A subsidiary of China’s central bank, China Foreign Exchange Trade System, is gathering information about abnormal trades on Oct. 31 which involved borrowing and lending at extremely high interest …
Bank of China GAAP EPS of RMB0.19
Q3 GAAP EPS of RMB0.19. Operating income of RMB151.22M More on Bank of China Bank of China: Sluggish Economy Creates Significant Uncertainty Bank of China Limited (BACHF) Q3 2023 …
China reports current account surplus in first nine months
BEIJING – China’s current account surplus was $208.9 billion in the first nine months of the year, the State Administration of Foreign Exchange said Friday. Of the total, the surplus under trade in …
Beijing bans Communist party officials from private equity investing
Beijing has told Communist party cadres to stay away from private … The ban comes as Xi shakes up the finance industry. State-owned banks have cut salaries and perks for staff this year while the…
China central bank: will ensure reasonable and sufficient liquidity
China’s central bank will use a variety of monetary policy tools to maintain reasonable and sufficient liquidity, it said on Friday. The People’s Bank of China (PBOC) will also maintain reasonable …
Xinhua Silk Road: Annual Conference of Financial Street Forum 2023 to be held during Nov. 8-10 in Beijing
BEIJING, Nov. 3, 2023 /PRNewswire/ — The Annual Conference of Financial Street Forum 2023 will kick off on November 8 in Beijing, with the focus on strengthening financial openness and cooperation as …
China’s property slump pushes financial regulator to roll out loan rule ‘trick’ to help grease the economy
China had 38.5 trillion yuan (US$5 trillion … the losses across different stakeholders and across time,” said Chen Zhiwu, chair professor of finance at the University of Hong Kong. “At the moment, …
See why Beijing has banned images of public mourning of an ex-leader
CNN’s Ivan Watson reports. The Bank of Japan’s Early Warning for the U.S. Davante Adams on Raiders firing Josh McDaniels, Dave Ziegler: ‘It was time … for some sort of change’ Big Ten ADs reportedly…