China Evergrande Group’s troubles are unlikely to trigger a financial crisis given the low exposure of local banks to the debt-laden developer and the ability of Chinese regulators to control markets, …
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West eyes China’s playbook as Big Tech revs up finance ambitions
As Big Tech wades deeper into financial markets, Western policymakers are looking to an unlikely regulatory guide: China. It’s not often that the West looks to Beijing for policy solutions, especially …
Down Is still up for foreign investors piling into China
SHANGHAI: Like the demise of Enron Corp. and the collapse of Lehman Brothers, the debacle at China Evergrande Group was inevitable to some only in retrospect.
Goldman Says China Won’t Cut Reserve Requirement Ratio This Year
Goldman Sachs Group Inc. economists say they no longer expect China to cut the amount of cash banks must hold in reserve this year after the central bank pledged to keep overall liquidity conditions …
China Demands $38mn Compensation For Dasu Blast Amid Soaring Islamabad & Beijing Tensions
Amid rising tensions between Islamabad and Beijing, China has demanded $38 million compensation for the dead engineers at the Dasu Dam Project.
Evergrande Debt Woes Are Manageable, China Central Bank Official Says
The spillover effect of China Evergrande Group’s debt problems on the banking system is controllable, a central bank official said on Friday, in rare official comments on a liquidity crisis at China’s …
China’s financial system near ‘peak stress,’ but spillovers yet to come: analysts
China’s nearing “peak stress” levels as worries mount over its highly leveraged property sector as the saga around troubled developer China Evergrande …
Fitch Revises Outlook on Beijing Capital Group to Negative from Stable; Affirms at ‘BBB’
Fitch Ratings has revised the Outlook on Beijing Capital Group Company Limited’s (BCG) Long-Term Foreign-and Local …
Fitch Places Beijing Capital Land’s ‘BB’ Ratings on Rating Watch Evolving
Fitch Ratings has placed Beijing Capital Land Ltd.’s (BCL) ‘BB’ Long-Term Foreign- and Local-Currency Issuer Defau …
China’s Debt Problems Are A Serious Matter, For Americans, Too.
Credit rating agencies began to downgrade much Chinese corporate debt to levels that point to default, while all eyes turned to some $229 million of the Beijing-based Xinyuan Real Estate Company’s …
Evergrande fallout is ‘controllable,’ China’s central bank says
Authorities in Beijing and local governments in provinces around the country are resolving the situation based on “rule-of-law principles.” …
China cbank official says spillover effect of Evergrande’s debt woes is controllable
The spillover effect of China Evergrande Group’s debt problems on the banking system is controllable and individual financial institutions’ risk exposures are not big, a central bank official said on …
China’s central bank lists 19 systemically important banks
China’s central bank on Friday unveiled a list of 19 banks it identified as systemically important. The People’s Bank of China (PBOC) identified six state-owned commercial banks, nine joint-stock bank …
