Local governments issued bonds, including special bonds, totaling 875.3 billion yuan in May, up from 775.8 billion yuan in April.
Tagged By banking
China’s tight fiscal policy could ‘ease off’ in second half of 2021: Deutsche Bank
Michael Spencer of Deutsche Bank expects the People’s Bank of China to start raising interest rates early next year.
China & Hong Kong Take Strides Towards Financial Relationship
China has taken another step towards the integration of the country’s financial system with global markets that could see billions of dollars flow into Hong Kong. The Wealth Connect Programme would …
China digital currency: could Beijing’s advanced e-yuan replace smaller Asian currencies?
Financial authorities are weighing threats to monetary sovereignty as the race to launch a central bank digital currency (CBDC) heats up.
Hong Kong leader Carrie Lam missing city’s 1997 handover commemorations to attend Communist Party’s centenary celebrations in Beijing
Lam and dozens of senior political, business figures expected to head to Beijing on Monday for the Communist Party’s 100th anniversary.
Central bank digital currencies can go global with shared IDs
Unlike cash, or cryptos like Bitcoin, digital money issued by central banks won’t be pure tokens. Either the issuing monetary authority or private players it tasks with the job will keep debit and …
3 Top China Stocks to Watch in June
Although an intensifying clampdown by Chinese regulators make the prospects uncertain for many Chinese stocks, it is hard to argue against the …
Ontario Teachers’ funds CD Finance
CD Finance, a rural service institution focused on small and micro-businesses in rural China, has raised 1 billion yuan ($154 million) in financing.
China ‘Banks’ Time for Its Elderly While U.S. Seniors Drown in Debt
As Beijing moves to defuse a demographic time bomb, the finances of some older Americans have already blown up.
China belt and road ‘not ideological’ foreign minister tells conference
China’s Belt and Road Initiative has no strings attached and is open to all, said Foreign Minister Wang Yi, in a subtle dig at the US plan to form an alternative infrastructure funding programme based…
Top MBA Jobs In Finance: Senior Associate, Venture Capital
Ruisha Yuan works at a venture capital fund in China, among the top MBA jobs in finance. Here’s how his MBA helped him secure a job investing in China’s next unicorn startups …
China’s central bank issues 5 bln yuan of bills in Hong Kong
China’s central bank issued 5 billion yuan (about 771.32 million U.S. dollars) worth of bills in Hong Kong on Thursday. The bills will mature in six months, with the interest rates standing at 2.54 …
China’s Debt Reckoning Hammers ‘Too Big to Fail’ Borrowers
Concern over the scale of China’s resulting debt mountain and the possibility of a “Minsky moment” prompted Xi to launch a deleveraging campaign in 2017, before shelving it during the trade war with …
