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Tagged By banking
China leaves benchmark lending rates unchanged for the sixth straight month
China left benchmark lending rates unchanged on Thursday for the sixth consecutive month in November, matching market expectations. WHY IT’S IMPORTANT The steady loan prime rate (LPR) fixings …
China’s central bank to sell bills worth 45 billion yuan in Hong Kong
China’s central bank said on Thursday it will sell 45 billion yuan ($6.33 billion) worth of yuan-denominated bills in Hong Kong on 24.
China’s top investment bank CICC plans three-way merger
CICC proposed a share-swap merger with Dongxing Securities and Cinda Securities to support China’s financial market reforms and promote the development of the securities industry, the company said on …
China expected to keep rates steady for sixth month as PBOC turns less dovish
China is expected to leave benchmark lending rates unchanged for a sixth consecutive month in November, a Reuters survey showed, after the central bank signalled less urgency for additional monetary …
Exclusive: Air India lobbies to use airspace over China’s Xinjiang as financial woes mount
Air India is lobbying the Indian government to convince China to let it use a sensitive military airspace zone in Xinjiang to shorten routes as the financial toll from a ban on Indian carriers flying…
China’s Myanmar Project Could End U.S. Sanctions
The digital currency would operate outside Swift but still have access to American banks.
China’s Safest Banks 2025
Global Finance presents this year’s 25 safest banks in China. As the US trade war with China continues to escalate, with each side ramping up export restrictions on specific products and commodities, …
US has warned others to avoid loans from Chinese state banks. But it’s the biggest recipient of all
Much of the lending was to help Chinese companies buy stakes in U.S. businesses, many tied to critical technology and national security.
EU will protect its market if needed, German finance minister says in China
By Maria Martinez BEIJING (Reuters) -German Finance Minister Lars Klingbeil discussed overcapacity in China on Tuesday during his visit to Beijing and stressed that the Europen Union would act if a …
China’s financial tentacles run deeper through America than previously thought
As well as relying more on the Chinese state for credit, rich countries are emulating its style of lending, writes Bradley Parks …
China Chases Gold Supremacy As It Builds A U.S. Dollar Alternative
China has been the biggest buyer of gold over the past few years and is rapidly closing the gold-gap with the U.S.
China has lent $200B to U.S. tech and infrastructure projects, report finds
Chinese lenders backed 2,500 projects, covering almost every U.S. state, from gas pipelines to airport terminals, even as Washington warned developing nations about Chinese debt traps.
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