A man walks past the headquarters of the People’s Bank of China, the central bank, in Beijing File photo: VCG The People’s Bank of China (PBC), the nation’s central bank, is drawing up a plan…
Tagged By banking
Hong Kong protests could be indication of murky outlook for financial hub
The city is the No. 3 financial centre, according to an international survey of bankers, behind New York and London. It plays a pivotal role in financing for China and was the top location for…
US-China trade tensions hit Panama Canal revenues
Despite this, Moody’s Investors Service this year upgraded the canal’s credit rating to A1, from A2, citing its strong financial performance since the expansion, and low debt levels. Quijano said the … ( read original…
China imports from U.S. plunge 31 per cent in June amid tariff war
China retaliated with penalty duties and ordered importers to find non-U.S. suppliers. Trump and his Chinese President Xi Jinping agreed in June to resume negotiations. That helped to reassure jittery … ( read original story…
China’s bank profits to hold steady in 2019: report
The 2018 net profit of commercial banks reached 1.83 trillion yuan. [Photo/IC] BEIJING – Profits of China’s banking sector are expected to maintain steady this year, with faster growth in asset scale … ( read…
What Does China Huirong Financial Holdings Limited’s (HKG:1290) P/E Ratio Tell You?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! This article is written for those who want to get better at…
Travel Operator Thomas Cook Seeks Financial Lifeline From China’s Fosun
https://www.wsj.com/articles/travel-operator-thomas-cook-seeks-financial-lifeline-from-chinas-fosun-11562951859 … The two companies already have a joint tour business in China. Fosun in recent years … ( read original story …)
Beijing Signals Talks at Early Stage as Trump Vents Frustration
But according to officials in Beijing familiar with the talks, no such agreement was made. China’s Commerce Ministry yesterday also indicated that in their view, substantial discussions have yet … ( read original story …)
Hong Kong protests augur murky outlook for financial hub
one of the biggest global financial centres and a scenic haven for tycoons and tourists, but the waves of protests rocking Hong Kong are exposing strains unlikely to dissipate as communist-ruled … ( read original…
China loans jump in June as Beijing steps up credit support to boost economy amid US trade war
Photo: Bloomberg China’s bank lending rose as expected in June as Beijing stepped up credit support to Chinese corporations and key projects to help stabilise the economy amid the trade war with the … (…
China will not turn to global financial crisis stimulus playbook to offset US trade war, says Beijing adviser
China will not introduce another “giant stimulus programme” similar to the one seen during the 2008 global financial crisis to offset the ongoing trade war with the United States and its weakening … ( read…
How the U.S. and China are suppressing Canada’s economy (and why the central bank is so perturbed)
The U.S. and China are suppressing Canada’s economy. “Here’s the bottom line: When we take into account the impact on the global economy and commodity prices, trade conflicts and uncertainty are … ( read original…
Air Liquide China wins 2019 Best Brand Image award
Air Liquide China was awarded the “Best Brand Image” of the year at the 2019 China Finance Summit held on 11 July 2019 in Beijing. Honoring companies and individuals that have contributed to the ……