Hong Kong Chief Executive Carrie Lam said on Monday she will postpone her annual policy address, initially scheduled for Wednesday, to first hold a trip to Beijing to discuss China’s support for the … (…
Tagged By banking
China moves to curb yuan strength, making it cheaper to bet against the currency
China’s central bank moved to change a rule that means traders will find it cheaper to short the yuan, triggering some weakness in the currency on Monday after months of strengthening. ( read original story…
Worsening Sino-U.S. ties huge risk to China’s financial network – PBOC vice head
U.S. relations present huge risks to technology supply chain security for China’s financial network, Fan Yifei, a central bank vice governor said on Monday, according to China Finance, a magazine run … ( read original…
China’s Central Bank Sets Yuan Fixing Weaker Than Estimated
China’s central bank set its daily yuan fixing slightly weaker than analysts expected after officials earlier acted to restrain the currency’s rally. ( read original story …)
China adopts normal monetary policy as long as possible
By keeping its monetary policy prudent and within a normal range, China has been one of the few major economies in the world adopting normal monetary policy, China’s central bank governor said. ( read original…
China won’t follow west by easing monetary policy – PBOC
An article published by China Finance magazine on Saturday quoted the People’s Bank of China Governor Yi Gang as saying that the central bank won’t employ larges-scale monetary lo … ( read original story …)
China’s Crackdown on Hong Kong Could Help Japan Become Finance Hub
China’s crackdown on Hong Kong and new limits on overseas workers in Singapore could help Japan raise its profile as a global financial hub, despite its higher taxes, according to Japan’s new vice … (…
It’s monetary policy as usual, says head of China’s central bank
China will maintain “normal” monetary policy for as long as possible, according to People’s Bank of China (PBOC) governor Yi Gang. Policymakers plan to encourage a “reasonable” increase in household … ( read original story…
China to Maintain ‘Normal’ Monetary Policy, PBOC Chief Says
China will maintain “normal” monetary policy for as long as possible, according to the People’s Bank of China Governor Yi Gang. ( read original story …)
China won’t follow West by easing monetary policy, says central bank chief
China will not follow Western economies by undertaking a large-scale monetary loosening, but will instead look to consumer price stability and exchange rates to help the economy recover, the central … ( read original story…
Yuan’s Haven Status Won’t Stick Until China Relaxes Its Controls
Considering the policy risk in China and its capital controls, viewing the yuan as a haven will be inappropriate, according to George Magnus, research associate at Oxford University’s China Centre. ( read original story …)
China’s central bank to cut FX risk reserve ratio to zero
China’s central bank said it will lower the reserve requirement ratio for financial institutions when conducting some foreign exchange forwards trading to zero with effect from Monday. ( read original story …)
UPDATE 1-China’s central bank to cut FX risk reserve ratio to zero
China’s central bank said it will lower the reserve requirement ratio for financial institutions when conducting some foreign exchange forwards trading to zero with effect from Monday. ( read original story …)
