A World Bank official underlined recently the essential role China plays in boosting development with infrastructure investments and recognized the potential of its domestic market to drive the global …
Tagged By banking
China’s central bank injects liquidity into market in July
China’s central bank pumped cash into the money market in July to meet liquidity demand from financial institutions. A total of 100 billion yuan (about 15.47 billion U.S. dollars) was injected into …
China’s crackdown on cryptocurrency trading will continue as its central bank raises the heat on financial institutions
China’s central bank has vowed to maintain intense regulatory pressure on cryptocurrency trading and speculation. Starting May 2021, the country has actively …
Chinese Stocks Jump as Beijing Signals More Economic Support
Chinese equities rallied by the most in ten weeks as traders turned buyers of everything from baijiu producers to construction firms on expectations of increased support for the economy.The benchmark …
Crackdown shows China’s ready to do ‘whatever it takes’ when it sees social problems, major Asia bank says
Chinese tech and education stocks have been rocked by regulatory uncertainty in recent sessions, including some listed in the U.S.
HSBC, Union Bancaire side with China stock signals on downside while Dalio tells sceptics not to be scared after US$1.2 trillion sell-off
Regulatory crackdowns strike fears in free-market believers who expect more stock losses. Hedge fund titan and China optimist Ray Dalio tells sceptics not to misinterpret them as anti-capitalist moves …
China Evergrande boosts asset sales in bid to stave off cash crunch
China Evergrande has sold a $420m stake in a Hong Kong-listed internet business as the highly indebted property developer offloads assets in a bid to stave off financial pressures. The company said on …
China Signals Targeted Policy Support as Growth Risks Climb
China’s top leaders signaled more targeted support for the economy as they look to cushion growth in the face of resurgent pandemic risks, fueling a rally in bonds.The much-watched Politburo meeting …
China’s Elite Role in Emerging Markets Has Traders Creeping Back
A recovery in Chinese stocks following a meltdown at the start of last week underscored how investors in emerging markets have few alternatives that are as big and liquid.After ditching the Asian …
Chinese Stocks Rebound as Traders Weigh Beijing’s Latest Signals
Chinese equities rebounded from an early Monday loss and sovereign bonds rallied, as investors weighed the odds for monetary policy easing against a regulatory crackdown that has roiled markets.The …
Crackdown Shows China’s Ready to Do ‘Whatever It Takes’ to Tackle Social Issues, Major Asia Bank Says
Chinese tech and education stocks have been rocked by regulatory uncertainty in recent sessions, including some listed in the U.S.
China: Local RMB financial assets amount to USD582B
According to data from China’s central bank, local RMB financial assets managed by foreign entities amounted to 3.76 trillion yuan (about USD582 billi …
A Cash-Strapped Corner of China Finds a Financial Tonic—Hard Liquor
The rise of China’s biggest liquor company, Kweichow Moutai, has been a gift for the indebted province that is the company’s majority shareholder. “There is a lot of pressure to share the joy in …
