China’s economy could enter a period of “quasi-stagflation” with relatively slow growth and excessively high producer-price inflation, said Liu Shijin, an adviser to the nation’s central bank.. Read …
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China Central Bank Advisor Warns About ‘Quasi-Stagflation’ Risk
China’s economy could enter a period of “quasi-stagflation” with relatively slow growth and excessively high producer-price inflation, said Liu Shijin, an adviser to the nation’s central bank.
China FX Committee Urges Banks to Cap Speculation as Yuan Surges
An organization formed by key participants in China’s currency market urged banks to limit speculative foreign-exchange trading after the yuan climbed to a six-year high versus peers.
China to issue commemorative coins for Beijing 2022 Winter Paralympics
China central bank will issue a set of commemorative coins for the Beijing 2022 Paralympic Winter Games next Wednesday The coins …
China Junk-Bond Bargain Hunters Trigger 388% Surge in ETF Assets
One exchange-traded fund shows how investors are increasing bets on a rebound in Chinese property junk bonds.Most Read from BloombergNew York City Is Building a Wall of Oysters to Fend Off FloodsA …
How China’s tech expansion could collide with antitrust efforts
As China-based tech companies like Xiaomi and TikTok flourish, there’s still no playbook in North America or Europe to deal with their potential to censor or steer culture via algorithms. TikTok, with …
New financial tool unveiled to aid China’s low-carbon development
China has rolled out a new financial tool to support the clean and efficient use of coal amid efforts to push forward green and low-carbon development. The country will introduce a targeted re-lending …
Here’s how Hong Kong’s deep capital pool and access to China puts city in good stead to be the green finance regional hub
The final instalment of a four-part series on the United Nations Climate Change Conference (COP26) in Glasgow looks at how Hong Kong can play a role in reversing global warming. The first three …
China’s central bank to keep policy ‘flexible, targeted’, says property risks under control
BEIJING: China’s central bank on Friday (Nov 19) said it would keep its prudent monetary policy “flexible and targeted” and strike a balance between economic growth and risk controls. In its …
China’s new bank loans hit 17.9 trln yuan in Jan.-Oct.
China’s newly added bank loans totaled 17.9 trillion yuan (about 2.8 trillion U.S. dollars) in the first 10 months of 2021, up 78.3 billion yuan year on year, according to the China Banking and …
UPDATE 1-China fines tech giants for failing to report 43 old deals
China’s market regulator on Saturday said it was fining companies including Alibaba, Baidu and JD.com for failing to declare 43 deals that date as far back as 2012 to authorities, saying that they …
China studying allocating new quota of local govt bonds
Chinese policymakers are studying allocating new quota of local government bonds in advance in 2022, to boost investment and stabilize economic growth. [Photo/IC] Chinese policymakers are studying …
Beijing Selects 16 Fintech Innovation Pilot Projects
Beijing financial regulators designated the first batch of 16 fintech innovation pilot projects Friday, seeking public comment on them. The projects, proposed by banks, brokerages, fund managers, tech …