The People’s Bank of China is somewhat of an enigma compared to other central banks. Find out everything you need to know about the PBOC and how its meetings influence financial markets.
Tagged By banking
NEWSBREAK: China plans big changes to ferrous raw materials taxes from May 1
China is planning sweeping changes to its tax regimes for ferrous raw materials from May 1, its Ministry of Finance said on April 27. The changes are designed to guarantee the supply of steel making…
Ant Troubles Not Over? Jack Ma’s Relations With Regulators Said To Be Under Beijing Scrutiny
Alibaba Group Holdings Ltd (NYSE: BABA)-backed Ant Group is under fresh regulatory scrutiny as China is now probing how the ace entrepreneur Jack Ma won quick approvals for …
Green finance to aid China’s low-carbon shift
Increased use of capital to support country’s efforts to achieve neutrality goals by 2060 China’s resolve to further cut greenhouse gas emissions and realize carbon neutrality will be facilitated by …
China Merchants Bank, Bank of China Favored: Daiwa Capital
Leon Qi, regional head of financials and fintech research at Daiwa Capital Markets, discusses the outlook for Chinse banks and embattled distressed-debt manager China Huarong Asset Management Co.
Huarong Mess Shows China Needs U.S.-Style Financial Reform
Drama around the future of one of China’s biggest bad-debt managers is highlighting the urgent need for the country to simplify oversight of its financial system.As investors looked for clarity over a …
How China helped push corn futures to a nearly 8-year high
Corn prices hit an 8-year high Tuesday, part of a broad rally for agricultural commodities that’s stoking inflation fears. There are several drivers behind the move for maize, including strong demand …
China’s Covid recovery saw green bond issuance rebound in second half of 2020
The $18bn worth of sustainable finance instruments floated in the nation last year marked a retreat from previous highs but, with most of the bonds issued from July onwards, the recovery is under way, …
Huarong Mess Shows China’s Need for U.S.-Style Financial Reform
Drama around the future of one of China’s biggest bad-debt managers is highlighting the urgent need for the country to simplify oversight of its financial system.
China reportedly set to announce its first decline in population since 1949
Financial Times says latest census figures are expected to show nation’s population slipping to less than 1.4 billion.
China’s Economic Divide Between North and South Is Set to Widen
The economic divide between China’s prospering southern regions and lagging northern areas will continue to widen in coming years, with huge implications for growth, debt and policy making, according …
China To Finance Coal Plants Abroad Despite Carbon Pledge At Home
China will press ahead with its multi-billion-dollar financing of coal plants in developing countries, a top climate official said Tuesday, despite Beijing’s stated aim of slashing carbon emissions.
China’s economy projected to grow at 8%
The growth rate of China’s gross domestic product is expected to stand at around 8 percent in 2021, showing a trend of “faster first and slower second”, according a report on China’s 2020 finance …
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