When the Industrial and Commercial Bank of China (ICBC), the world’s largest bank by asset size, started to auction 657 million yuan (US$101.5 million) of its non-performing assets in six tranches on … ( read…
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China Bank Regulator Warns Of Foreign Equity Bubbles
Asian equities were mixed as India and South Korea outperformed. The biggest catalyst was China Banking and Insurance Regulatory Commission’s Chairman Guo Shuqing’s speech yesterday, in which he … ( read original story …)
China’s fiscal risks ‘extremely severe’, former Chinese finance minister warns
Beijing: China’s former finance minister Lou Jiwei has warned that the country’s fiscal situation is ‘extremely severe with risks and challenges’. ( read original story …)
Hong Kong stocks rebound as traders shake off asset-bubble worries and markets turn to China for policy direction
Hong Kong stocks have been alternating between gains and losses in the past week amid rising bond yields and concerns about policy tightening. Traders will be looking for clues from China’s most … ( read…
China Traders Await Policy Signals to Boost Faltering Stocks
China’s renewable energy, defense and technology sectors are likely to offer investor opportunities as the nation’s top political meeting starts this week, which could help inject fresh impetus into … ( read original story …)
Why Biden’s China policy team should look to the Tang dynasty, not European history
When assessing how best to work with China, countries would be better served by historical analogies from Asia than those drawn from European traditions and Europe’s history of aggression against … ( read original story…
CORRECTED-Jack Ma loses title as China’s richest man after coming under Beijing’s scrutiny
Alibaba and Ant Group founder Jack Ma has lost the title of China’s richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese…
China’s top bank regulator warns of ‘bubble risks’ in foreign markets
China’s top banking regulator has warned of the risk of bubbles in international markets and within the country’s own real estate sector, in the latest sign of mounting concerns over elevated global … ( read…
China’s Fiscal Situation ‘extremely Severe With Risks’, Says Ex-finance Minister Lou Jiwei
Lou warned that China’s economic growth and revenue will remain stagnant for next five years, with no spending cuts and fiscal situation is “extremely severe.” … ( read original story …)
China warns ‘side effects’ of US economic stimulus risk causing sharp market correction
The “side effects” of aggressive economic stimulus policies in the United States and other developed countries have started to surface in the US stock market, China’s top financial regulator warned on … ( read original…
China’s ex-finance minister says nation’s fiscal situation ‘extremely severe’
Lou offered his sharp critique in December but the assessment has only been made public more recently, with just days to go before China’s political elites meet for their annual legislative session. ( read original…
China not ready to allow the Boeing 737 Max back in the air
Beijing isn’t ready to follow the United States in allowing Boeing’s 737 Max back into the air after a pair of fatal crashes two years ago. China was the first country to ground the 737…
China Banking Regulator Sees Risk From ‘Bubble’ in Real-Estate Prices
The chairman of the China Banking and Insurance Regulatory Commission said he was concerned that what he termed a “bubble” in Chinese real-estate prices could threaten the country’s financial sector … ( read original story…
