China will strictly prevent bank and insurance funds from being used in speculating commodities in a push to maintain market order and stabilize prices.Most Read from BloombergChristmas at Risk as …
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China has urged banks to guarantee that coal and steel companies’ finance needs are met
CHINA HAS URGED BANKS TO GUARANTEE THAT COAL AND STEEL COMPANIES’ FINANCE NEEDS ARE MET.
China Property Sector Woes Deepen as Markets Await Evergrande Deal
As investors were abuzz on Tuesday with cash-strapped China Evergrande Group’s possible sale of a stake in a unit to raise as much as $5 billion, more Chinese property developers grappled with ratings …
Evergande’s fight for survival a threat to China’s shadow banking system
China Evergrande appears poised to rake in a large lump of cash as it sells assets. Where that cash might end up is, however, anyone’s guess.
IMF gets briefing on probe into China rankings at World Bank
The International Monetary Fund said Monday its board of directors has been briefed by attorneys from the law firm whose investigation found that current IMF Managing Director Kristalina Georgieva and …
World Bank, IMF face long-term damage after data rigging scandal
WASHINGTON: Regardless of whether IMF chief Kristalina Georgieva was to blame for changes to World Bank data in 2017 that benefited China, the scandal has dented the research reputations of both …
Will China’s Evergrande Crisis Unleash a Global Economic Contagion?
The massive Chinese real estate company Evergrande is unable to pay its debts. This has sparked some rare protests in China and is spooking international financial markets. A key question now is …
China further tightens controls over crypto transactions
The Chinese authorities recently issued a notice regarding cryptocurrency trading hypes, prohibiting (i) overseas cryptocurrency exchanges from servicing residents in mainland China and (ii) …
China bets on hi-tech, history to attract Dubai Expo crowd
As countries vie for attention at Expo 2020 Dubai, China has gone all out, hoping to take centre stage by showcasing more than 5,000 years of civilisation crowned by recent technological advances. A …
UPDATE 1-Biden’s new China trade plan echoes Trump’s, but assumes Beijing won’t change
Top U.S. trade negotiator Katherine Tai on Monday pledged to begin unwinding some tariffs imposed by former President Donald Trump on goods from China while pressing Beijing in “frank” talks in coming …
Do Hedge Funds Love HUTCHMED (China) Limited (HCM)?
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge …
MGM Resorts CEO: China casino crackdown doesn’t pose a ‘major challenge’
The chief executive of MGM Resorts International brushed off concerns about a Chinese government crackdown crimping profits in the world’s largest gaming market of Macau, saying he doesn’t view it “as …
Analysis: World Bank, IMF face long-term damage after data rigging scandal
Regardless of whether IMF chief Kristalina Georgieva was to blame for changes to World Bank data in 2017 that benefited China, the scandal has dented the research reputations of both institutions, …
