The death toll from a typhoon in eastern China has risen to 33, with 16 people missing, and the region is bracing for more travel disruptions as the storm moves further up the coast, state…
Tagged By banking
Beware China’s dodgy bank bailouts
While Beijing’s moves to deal with the problem appear a positive step, some analysts are wary of the way the rescues are being carried out. There is an unease that listed companies such as Industrial…
China is saving stimulus for trade war winter as Yuan weakens
The U.S.’s labeling of China as a currency manipulator “signifies the trade war is evolving into a financial war and a currency war,” and policy makers must prepare for long-term conflicts, Chen Yuan, … (…
IMF says China should keep Yuan flexible as trade war widens
The IMF said directors on its executive board, which concluded its annual review of China on July 31, “concurred that greater exchange rate flexibility and deeper and better functioning FX markets … ( read original…
China Ex-Central Bankers Warn of Long Currency War With U.S.
The U.S.’s labeling of China as a currency manipulator “signifies the trade war is evolving into a financial war and a currency war,” and policy makers must prepare for long-term conflicts, Chen Yuan, … (…
Chrystia Freeland praises ‘two brave Canadians’ detained in China since December
Canada and China have been locked in a diplomatic dispute since Dec. 1 when Canadian authorities arrested Huawei Technologies Co Chief Financial Officer Meng Wanzhou in Vancouver on a U.S. warrant. … ( read original…
IMF says China should keep Yuan flexible as wrade war widens
The IMF said directors on its executive board, which concluded its annual review of China on July 31, “concurred that greater exchange rate flexibility and deeper and better functioning FX markets … ( read original…
International Monetary Fund says China may need more stimulus if U.S. trade war worsens
The International Monetary Fund said on Friday that China may need more fiscal stimulus if trade tensions with the United States worsen, putting economic and financial stability at risk. The IMF’s … ( read original…
China mulls biggest revamp to its futures market since 2015 restraint
The China Financial Futures Exchange is also considering a new range of products, including futures on the MSCI China A Index, the people said. The bourse plans to introduce an equity volatility index … (…
The U.S. is on a collision course with China – and Canada could get hit
He may use the currency-manipulator label as justification to have his own government intervene in currency markets, either to push China’s yuan higher or to devalue the U.S. dollar. Such a move would … (…
China’s yuan slips, on track for worst week in more than a year
The yuan on Friday was trading 0.1% lower at 7.05 a dollar. The escalating U.S.-China trade war drove much of the volatility across the region this week. “Emerging market currencies have sold … ( read…
China Ex-Central Bankers Warn of Lasting Currency War With U.S.
The U.S.’s labeling of China as a currency manipulator “signifies the trade war is evolving into a financial war and a currency war,” and policy makers must prepare for long-term conflicts, Chen Yuan, … (…
Bank of China Has a Message for Hong Kong: ‘Stop Violence, Contain Chaos’
The terse message in a full-page advertisement from Bank of China Ltd.’s units in Hong Kong greeted local residents on Friday while the city braced for another weekend of unrest. Printed in the … (…
