China’s finance ministry is considering a proposal to transfer its shares in Huarong and three other bad-debt managers to a new holding company, according to a person familiar with the matter.
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Japan, U.S. to hold finance chief talks on Fri. in London
Japan and the United States are making an arrangement to hold the first face-to-face talks by their finance chiefs on Friday in London, sources close to the matter said Monday. Japanese Finance …
Economic Watch: Global investors see new prospects in China’s net-zero carbon goals
With China on track to achieve its net-zero carbon pledges, global investors are eyeing new green business opportunities from the world’s second largest market. At the two-day International Finance …
Fitch Affirms Huai’an Traffic at ‘BB’; Outlook Stable
Fitch Ratings has affirmed Huai’an Traffic Holding Co., Ltd.’s (HATH) Long-Term Foreign- and Local-Currency Is …
China’s central bank moves to slow yuan’s rise as concerns rise over hot money flows and asset bubbles
PBOC raises reserve requirement for banks as it seeks to slow yuan’s rise, although analysts say currency remains on track for long-term appreciation.
Fitch Maintains China Huarong Financial Leasing on RWN
Fitch Ratings has maintained China Huarong Financial Leasing Co., Ltd.’s (Huarong Financial Leasing) Long-Term I …
China economic activity stabilised in May, reinforcing expectations that growth is peaking
China’s economic activity stabilised in May with manufacturing activity down slightly and non-manufacturing up slightly, according to the latest official purchasing managers’ indices (PMI) released on …
US, China regulators have a problem with bitcoin. Hong Kong, Singapore may have solutions
The two Asian financial hubs have for years been calibrating ways to tap the market while guarding against money laundering, tax evasion and terror financing.
China’s economic growth will slow to around 4% in next 4-5 years, says economist
Simon Baptist of The Economist Intelligence Unit discusses the growth outlook for the U.S. and China.
New ESG bond index will make green finance transparent
That’s because China’s new ESG bond index is expected to provide an important basis for green bond pricing in the primary market. It will be made accessible to international investors through the …
China: Antigraft agency unveils corruption involving bank regulators
China top antigraft agency Central Commission for Discipline Inspection CCDI on Tuesday disclosed details of corruption cases involving five former banking …
Chinese emissions to turn Beijing into leader of climate business boom as carbon may shapeshift into new currency
China may soon find itself at the heart of the climate business boom, according to vice chairman and executive director of the Paulson Institute, Deborah Lehr.
China calls for global action to stop big flows of pandemic-fuelled hot money
Banking watchdog vice-chairman says recovery is unstable and interest rate differences could cause asset bubbles to burst.
