Here’s what you need to know about China’s wealth management products: WHAT ARE THEY? WMPs are investment vehicles marketed by issuers including banks and property developers to retail and corporate …
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JPMorgan cuts China growth forecast for fifth time since August
“Looking back, we have downgraded China’s growth forecasts five times since August,” JPMorgan’s Haibin Zhu said in a note, adding the bank now expected full-year growth of 7.8 per cent and 4.7 per …
China’s tax, fee cuts exceed 910b yuan in first three quarters
Photo/IC] BEIJING – China’s tax and fee cuts totaled 910.1 billion yuan ($142.25 billion) during the first three quarters of the year, according to data from the State Taxation A …
CORRECTED-UPDATE 1-China mandates 12 banks for sovereign euro bond issuance -term sheet
China has mandated a fleet of banks for a planned 4 billion euro ($4.62 billion), euro-denominated sovereign bond sale in Hong Kong, two weeks after the country raised $4 billion through a U.S. dollar …
China is invoking a great American economist to warn against lagging productivity
Though Chinese leaders like to paint the US as a rotting empire in terminal decline, they nevertheless seem to like drawing from the American intellectual cannon to make the case for top-level …
China Central Bank Boosts Cash Injection to $16 Billion on Looming Maturity
China further increased its injection of short-term cash into the banking system amid concern that a large policy loan maturity this month would tighten liquidity conditions. The People’s Bank of …
China Green Bulletin: Stronger Joint Action Needed to Tackle Climate Challenge
The Caixin ESG biweekly has been upgraded to the China Green Bulletin! The China Green Bulletin brings you insights into the ESG practices, energy updates and decarbonization efforts that are driving …
China policy and markets round-up: Kaisa misses WMP payment
China has officially applied to join the Digital Economy Partnership Agreement (DEPA), according to the Ministry of Commerce (Mofcom). The move will help China strengthen co-operation with other DEPA …
China Plans to Sell Euro Bonds
China is preparing to sell euro-denominated bonds, weeks after it raised $4 billion in dollar bonds at cheap rates despite slowing economic growth.
China Bank rides out COVID-19 headwinds, nets P11 billion in 9 months
China Banking Corp. earned 35 percent more in the nine months to September as the bank continued to ride out the economic headwinds caused by the pandemic.
Bank of America (BAC) Plans to Apply for China Securities Firm
Bank of America BAC is now planning to apply for setting up a securities firm in China, almost a year after China’s $53-trillion financial markets became open to foreign firms, following the removal …
Here’s Where Xi May Strike Next in China’s Regulatory Crackdown
China’s campaign to tighten regulation across swathes of the nation’s industries is showing signs of abating, creating some relief among global investors. But there remains a number of unresolved …
Property Developer Bond Slump Deepens in China
Signs of cracks emerge in the nations much larger onshore market. China’s property firms are caught in a vicious circle where surging borrowing costs make refinancing upcoming maturities prohibitively …
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