BEIJING (Reuters) – China will provide further support for banks’ perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help boost lending in the economy, a … ( read…
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Bank of China : China pledges more support for banks’ perpetual bonds to boost lending
China’s central bank sells net 1.2 bln yuan in FX in Jan
BEIJING, Feb 19 (Reuters) – China’s central bank sold a net 1.2 billion yuan worth of foreign exchange in January, according to Reuters calculations based on central bank data released on Tuesday. The … (…
New round of U.S.-China trade talks to begin in Washington on Tuesday
WASHINGTON (Reuters) – A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later ……
China Plan to Integrate Hong Kong, Macau Skirts Tough Questions
China’s long-awaited plan to create a high-tech megalopolis on its southern coastline rivaling California’s Silicon Valley generated optimism among Hong Kong’s business community even as key details r… ( read original story …)
China pledges more support for banks’ perpetual bonds to boost lending
Perpetual bonds could potentially convert the debt into equity as more banks actively prepare to sell such bonds, Pan Gongsheng, vice governor of the People’s Bank of China (PBOC), told … ( read original story…
China pledges more support for banks’ perpetual bond issuance
BEIJING (Reuters) – China will provide further support for banks’ perpetual bond issuance, including examining ways to broaden the investor base for such bonds, to help enhance lenders’ support for th… ( read original story…
Daqo New Energy Obtains RMB 450 million Loan Approval from Bank of China
SHIHEZI, China, Feb. 19, 2019 /PRNewswire/ — Daqo New Energy Corp. DQ, -12.50% (“Daqo New Energy”, the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV in… ( read original…
A China Interest-Rate Cut May Be on its Way. But Which Rate?
(Bloomberg) — China’s slowing economy and muted inflation are spurring predictions the central bank will act to lower borrowing costs. Problem is, analysts can’t agree on which rate is the one most l… ( read…
Bank Of America: Oil ‘Anchored’ Until 2024
The potential for a “hard landing” in China is the largest downside risk to Bank of America’s medium-term oil market forecast. At the same time, it isn’t just the prospect of a global … (…
China auto sales fall in January for eighth month
An industry group, the China Association of Automobile Manufacturers, says purchases of sedans, SUVs and minivans fell 15 per cent from a year earlier to just over 2 million vehicles. Auto demand has … (…
Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing
The Beijing-based company recently provided an update on its financial results to the Hong Kong Stock Exchange (HKEx), which is reviewing Bitmain’s application for an initial public offering (IPO) fir… ( read original story …)
China’s economy czar heading to Washington for trade talks
BEIJING — China’s economy czar is heading to Washington for talks Thursday … The announcement Tuesday, carried by the official Xinhua News Agency, follows talks last week in Beijing that U.S. Trade … ( read…
China, Iran meet amid efforts to preserve nuclear deal
BEIJING – The foreign ministers of China and Iran are meeting amid efforts to preserve the 2015 nuclear deal with Iran. China’s Wang Yi met in Beijing on Tuesday with Mohammad Javad Zarif, who’s leadi……