Finance Research Institute, says the rate has to be determined by global market participants China’s central bank has already made it clear that it has stopped regular intervention and will let the …
Tagged By banking
Schumer tactics on China bill reveal broader trade strategy
Senate Majority Leader Charles Schumer (D-N.Y.) is frustrating members of the powerful Senate Finance Committee by largely shutting the panel out of a bipartisan bill intended to increase U.S.
China’s Industrial Commodities Slide After Beijing Warns of Market Crackdown
China’s main industrial commodities tumbled on Thursday after the government announced stepped-up measures to keep a lid on soaring raw material prices which threaten to undermine the country’s …
Bitcoin Plummets After China Bank Crackdown
Regulators in China have cracked down again on Bitcoin and cryptocurrencies. Find out what happened in China and how it might impact your investments.
China banking chief urges Beijing to give the yuan its freedom
China has been urged to release the reins on the yuan exchange rate if it’s serious about giving their currency global clout. Beijing has taken some steps towards more financial liberalisation in …
Explained: What Beijing’s new crackdown means for cryptocurrencies in China
The fresh crackdown makes it more difficult for individuals to buy cryptocurrencies using various payment channels, and could impact miners’ business by making it harder for them to exchange …
What Beijing’s new crackdown means for crypto in China
Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to …
China Bars Financial Companies From Cryptocurrency Services
In a fresh crackdown on cryptocurrencies, China has banned financial services providers from certain offerings related to the popular but volatile asset class. In a joint statement issued on Tuesday, …
Intl Finance Forum 2021 spring meetings set for Beijing May 29-30
The spring meetings of International Finance Forum 2021 will be held from May 29 to 30 in Beijing, and will involve discussion topics of common development, sustainable finance, climate change and …
Explainer: What Beijing’s new crackdown means for crypto in China
Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrency, marking a fresh crackdown on digital coins. Many …
Huarong Volatility Intensifies as Beijing Keeps Traders Guessing
Another week of silence from Beijing on the fate of China Huarong Asset Management Co. is stoking renewed volatility in the company’s bonds, as traders juggle competing narratives about the prospect …
China’s biggest bad bank, Huarong, tests Beijing’s resolve on financial reform
Beijing has spent decades bailing out Chinese companies that got in over their heads, but in recent years has vowed to turn off the tap.
China gives nod for 9 more ETFs to invest in HK tech shares -Caixin
China’s securities regulator has approved a fresh batch of nine exchange-traded funds (ETFs) that target technology shares listed in Hong Kong, financial media Caixin reported on Tuesday, potentially …
