BEIJING (Reuters) – China’s property market has become a major source of financial risk and Beijing cannot rely on adjustments to monetary policy alone to resolve the “serious” problems caused by the sector, a central…
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China’s property market is a major source of financial risk: central bank official
China’s central bank bans new issuance of long-term NCDs
BEIJING, Aug 31 (Reuters) – China’s central bank said on Thursday financial institutions are not allowed to issue inter-bank negotiable certificates of deposit (NCD) with a tenor exceeding one year from Sept. 1. NCDs with…
China’s property market is a major source of financial risk – c.bank official
BEIJING, Sept 1 (Reuters) – China’s property market has become a major source of financial risk, a central bank official said on Friday, according to China Finance, a publication under the People’s Bank of China…
China questions German minister’s ‘one Europe’ comments
at a regular news briefing. “We hope that he can clarify that what he means by ‘one Europe,’ and whether there is a consensus on ‘one Europe’ among EU members,” said Hua. “We hope and…
Diplomatic spat casts long shadow over Hyundai factory town in China
BEIJING (Reuters) – In the industrial outskirts of Beijing, a local community in the shadow of a giant Hyundai Motor Co manufacturing complex is feeling the fallout from a fierce diplomatic standoff between China and…
China seeks arrest of billionaire dissident in U.S. on sex assault charges
The Associated Press reviewed documents related to the rape investigation and confirmed their contents with Chinese official sources in Beijing, who requested anonymity to discuss an ongoing case. The Chinese officials’ disclosures to the AP…
BRIEF-China Sce Property and Newup Holdings enter into placing and subscription agreement
* Placing agents agreed to place, on fully underwritten basis, 400 million existing shares at a price of HK$3.64 per share on behalf of vendor Source text for Eikon: Further company coverage: Our Standards:The Thomson…
Officials: Chinese police investigating one of Beijing’s most wanted exiles, billionaire Guo Wengui, for alleged rape
BEIJING — Officials: Chinese police investigating one of Beijing’s most wanted exiles, billionaire Guo Wengui, for alleged rape. Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or…
Diverging paths: As China’s big banks improve, smaller lenders lag
But smaller, national and regional lenders – which control about a third of China’s banking assets – are still feeling the strain, hit by a regulatory crackdown on risky activity that has made it difficult…
Stephon Marbury has emotional moment with Beijing fan at Q&A
NEW YORK — Stephon Marbury had to wipe tears from his eyes. He had just shared a surprising, emotional hug with NYU freshman Zhou Sheng Kang. The 19-year-old student, who grew up in Beijing, was…
AP Exclusive: China accuses outspoken tycoon in US of rape
The Chinese officials’ disclosures to the AP — an unusual move given the political sensitivity of Guo’s case in China — underscores Beijing’s urgent effort to not only bring a fugitive to heel on criminal…
China Property Bears Crushed by Relentless Rise in Stocks
China property bears have been beaten back as shares of top developers climb to record levels amid soaring profit. Bearish wagers on China Evergrande Group and Sunac China Holdings Ltd., the nation’s two most-shorted developers,…
Expert discounts risk of Chinese financial crisis
China may not encounter a major financial crisis like the one that hit the United States almost a decade ago given the former’s tight financial regulation and low household mortgage ratio, a senior economist said.…
