China still has room to pump liquidity into the economy while keeping its leverage ratio stable, People’s Bank of China Governor Yi Gang said in Beijing on Sunday. ( read original story …)
Tagged By banking
UPDATE 1-China c.bank head says policy needs to selectively support growth, curb risks
BEIJING, March 21 (Reuters) – China’s monetary policy needs to focus on supporting economic growth in a targeted way while also reducing financial risks, the central bank head said. “Monetary policy … ( read original…
China Buys More Iranian and Venezuelan Oil, in a Test for Biden
Rising oil shipments to China followed President Biden’s offer of relief to Iran in return for the country’s compliance with an international nuclear agreement and to Venezuela if it organized free … ( read original…
UPDATE 1-Fed policy changes could hit China capital inflows -c.bank adviser
Expected policy changes by the U.S. Federal Reserve could have an adverse impact on China’s capital inflows, Wang Yiming, a newly appointed policy adviser to the central bank, said. Capital inflows … ( read original…
What grievances turned a US-China photo op into verbal combat
The scenes of U.S. and Chinese officials debating across hotel conference room tables in Anchorage, Alaska, were remarkable — not just because of the palpable tension between the world’s two greatest … ( read original…
China Reshuffles Central Bank’s Monetary Policy Committee
(Bloomberg) — China has made changes to its central bank’s monetary policy committee, according to a government statement released on Saturday. China’s State Council approved Cai Fang and Wang Yiming … ( read original story…
Fed policy changes could hit China capital inflows – central bank adviser
Expected policy changes by the U.S. Federal Reserve could have an adverse impact on China’s capital inflows, Wang Yiming, a newly appointed policy adviser to the central bank, said. Capital inflows … ( read original…
US and China publicly rebuke each other in first major talks of Biden era
Antony Blinken criticises China over Hong Kong and Xinjiang while his counterpart says US can no longer ‘speak to China from a position of strength’ … ( read original story …)
China appoints new central bank monetary policy committee members
China’s cabinet has appointed Cai Fang and Wang Yiming as new central bank monetary policy committee members, the country’s state council said in a statement on Saturday. ( read original story …)
China’s crackdown on housing speculators buying property with consumer loans cools down prices
Housing speculators in China find themselves in the crosshairs of regulators who are forcing them to sell property bought with personal and consumer loans, as authorities look to cool a buying frenzy. ( read original…
China to Curb Massive Foreign Flows as It Opens Up: CSRC’s Yi
China needs to balance opening up its markets with preventing potential risks, and must curb massive foreign capital flows, according to the head of the nation’s securities regulator. ( read original story …)
U.S., China Should Cooperate on Supply Chains: Ex-IMF Official
China and the U.S. should work together on a range of issues including stabilizing global supply chains and coordinating their monetary policies, a former top International Monetary Fund official said … ( read original story…
JPMorgan Acquires 10 Pct Stake In China Merchants Bank For $410 Million
The asset-management division of JPMorgan Chase & Co. is paying $410 million for a 10 percent stake in the state-owned China Merchants Bank. ( read original story …)
