Hong Kong and Chinese officials on Wednesday touted the city’s connection to the world’s second-largest economy as they looked to restore its reputation as a global financial hub after years of …
FINANCE
China will support Pakistan in stabilising its financial situation – Xi
China will continue to support Pakistan as it tries to stabilise its financial situation, state media quoted President Xi Jinping as saying on Wednesday, during a visit by Pakistan’s prime minister to …
China regulator calls out international media for failing to credit Beijing’s economic-growth emphasis
International investors need to judge Beijing’s commitment to economic growth for themselves, securities regulator tells finance summit Market-based reforms and opening up of the economy are …
Debt Risks of Top Real Estate Firms Are Prominent – China Bank Regulator
Debt risks of some top real estate firms are prominent and risk control ability of some local financial institutions are weak, according to the chairman of China’s banking and insurance regulator. Guo …
China able to maintain normal monetary policy, positive interest rates -central bank
China’s potential economic growth is expected to be kept within reasonable range, and the country will be able to maintain normal monetary policy and positive interest rates for as long as possible, …
‘The worst is behind us’: Hong Kong kicks off its finance summit with top global bankers
Hong Kong leader John Lee sought to drum up confidence in the city’s future as a global financial hub on Wednesday, as he welcomed some of Wall Street’s top executives to its biggest international …
China bank regulator encourages foreign capital to cooperate with Chinese entities
China’s banking regulator encourages foreign capital to cooperate with Chinese entities, said Xiao Yuanqi, vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC).Xiao also told …
PM in Beijing to discuss debt, CPEC
ISLAMABAD: Prime Minister Shehbaz Sharif arrived in Beijing on Tuesday to meet Chinese leaders and discuss plans …
Auditor Exodus At Embattled China Property Firms Triggers Governance Concerns
Auditors of at least 14 Hong Kong-listed Chinese property firms have exited this year, securities filings showed, raising governance concerns about the debt-ridden developers several of whom are yet …
China’s Growing Political Autocracy Limits Its Economic Prospects
China’s attempt to build a more socialist economy contradicts market reforms it has tried to implement, and it’s having disastrous effects.
Xi Jinping promises financial stability. He is not delivering it
For years she has run a packaging-materials factory in Qinzhou, a mid-tier city in southern China. Recently, though, the 51-year-old lost millions of yuan investing in “low-risk” financial products.
China Evergrande unit gets notice for $4.48 bln loan from Shengjing Bank
Debt-laden property developer China Evergrande Group said on Tuesday its unit received a notice of enforcement for unrecoverable funds from Shengjing Bank Co Ltd .
China PBOC Issued CNY154.3 Billion in October Under Pledged Supplementary Lending Program
Analysts said the funds issued via PSL this time were used to finance China’s government-backed infrastructure projects. In order to meet the temporary liquidity demand of financial institutions, the …
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