China’s equity benchmark slid into a bear market, as the Federal Reserve’s hawkish comments added to investor concerns over the nation’s regulatory headwinds, triggering the largest foreign selling in …
Tagged By banking
China Weighs Breaking Up Evergrande to Contain Property Crisis
Chinese authorities are considering a proposal to dismantle China Evergrande Group by selling the bulk of its assets, according to people familiar with the matter.Most Read from BloombergPowell Backs …
China Allows LGFVs in Poor Province to Negotiate Debt Extensions
China will allow government-owned borrowers in Guizhou province to negotiate with banks to extend debt repayments, stoking fears the local authorities may be struggling to meet debt obligations.
China’s Local Government Bond Sales Fall Short of Expectations
China’s local governments have been selling bonds at a modest pace in January, undermining market expectations of a strong fiscal boost early in the year to cushion a slowing economy. Local …
From dream to reality: Beijing 2022 brings winter sports to over 300 mln people
The change sowed the seeds of a new dream for nine-year-old Li, which is to become a professional ice hockey player. “On the ice, I feel that I can really express myself, and I love…
U.S. and China Rush in Opposite Directions to Save the Global Economy
The People’s Bank of China’s newfound autonomy may prove to be an unlikely source of support for the recovery.
China Stock Market May Spin Its Wheels On Thursday
The China stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had dropped more than 45 points or 1.3 percent. The Shanghai…
China issues guideline to promote high-quality RCEP implementation
China will push for the high-quality implementation of the Regional Comprehensive Economic Partnership (RCEP) pact and deepen reform via high-level opening-up, stated a guideline from the government …
Global banks said to warn China against new overseas listing rules – FT
Global banks are said to be warning China that new overseas listing rules may deter banks from advising Chinese companies on initial public offerings, which may be harmful to …
Letter: Hesitant Fed lets China fill the currency swaps void
China may very well permit countries to use these agreements to obtain renminbi and convert it to US dollars in offshore markets during periods of financial distress, as Pakistan experienced in 2013 …
Debt-laden China Evergrande to hold call with investors on Wednesday – sources
China Evergrande Group and its financial advisers will hold a call with investors at 9 pm (1300 GMT) on Wednesday, sources said, the first such call since it defaulted on some dollar bond payments …
WTO gives China right to impose tariffs on $645 mln of U.S. goods
The World Trade Organization authorised China on Wednesday to impose $645 million of compensatory tariffs against the United States in a decade-long case into U.S. measures to counter Chinese …
China’s New Australia Envoy Wants to Get Ties on ‘Right Track’
China’s new ambassador to Australia has called for the two countries to get their relationship “back to the right track” after more than four years of chilly diplomatic relations, saying he saw his …
