With the renminbi stabilizing of late partly due to easing Sino-US trade tensions, China has slightly relaxed capital and FX controls in 2019. In early 2018, People’s Bank of China issued a regulation … (…
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Recent Posts
FX controls are relaxed in China
China’s Quiet Central Banking Revolution
Since Yi Gang became governor in March 2018, the People’s Bank of China has improved its communications, boosted its transparency, and moved toward a flexible exchange rate. Although the PBOC has plen… ( read original…
‘China Property Queen’ Wu Yajun is the Richest Self-Made Female Billionaire
Wu Yajun, co-founder and chairperson of Hong Kong-listed Longfor Group Holdings, has reclaimed her title as the world’s richest self-made woman for the first time in seven years, with a net worth of U… (…
BMW’s China electric car export plans on hold amid tariff uncertainty
so that it can ramp up economies of scale in a technology that has so far proven to be a low margin business. BMW has also signed a memorandum of understanding with China’s Great Wall…
Douglas Todd: China’s long surveillance arm thrusts into Canada
Back home, you develop an invasive mobile phone app and make sure its downloaded … You take DNA samples from millions of the Uyghur Muslims in China, because genetics can be used to track ……
Bank of Canada maintains overnight rate target at 1 ¾ per cent
Meanwhile, progress in US-China trade talks and policy stimulus in China have improved market sentiment and contributed to firmer commodity prices. For Canada, the Bank was projecting a temporary slow… ( read original story …)
Bank of Canada maintains interest rate: Read the official statement
… U.S.-China trade talks and policy stimulus in China have improved market sentiment and contributed to firmer commodity prices. For Canada, the Bank was projecting a temporary slowdown in late … ( read original story…
The close: TSX finishes flat after Bank of Canada keeps rates unchanged
The central bank made it clear that future rate hike plans are still … bolstered by hopes of more stimulus measures from Beijing after China’s state planner said the government would implement measu… ( read…
European Central Bank acts to help weakening economy
The bank on Thursday slashed its forecast for eurozone economic … the European Union without a negotiated transition agreement, and the chance that U.S. -China trade talks will not reach a deal that … (…
Bank of Canada sees longer, deeper economic slump, casts doubts on future rate hikes
The central bank acknowledged “progress” in ongoing U.S.-China trade negotiations. Reports suggest both sides are prepared to remove tariffs on hundreds of billions of dollars of each others’ exports. … ( read original story …)
European Central Bank joins global push to help economy
The central bank for the 19 countries that use the euro pushed back the … A trade war between the U.S. and China, the world’s largest economies, has hurt international commerce and manufacturing. Br… (…
European Central Bank provides help for weakening economy
The bank said Thursday after its regular policy … and the chance that U.S. -China trade talks will not reach a deal that would remove the possibility of further tariffs that would weigh on ……
China Oil Use Seen Peaking in 2025 as EVs and Rail Take Over
mass-adoption of electric vehicles and high-speed rail in China will drastically reduce gasoline use, the bank said. If the theory plays out, it could signal a huge shift for the oil market … ( read…
