Pakistan’s new finance minister said he’s keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year.
Tagged By banking
China’s yuan falls to lowest in four months on back of weaker daily fixing
The slump came after the People’s Bank of China reduced its daily fixing by the most since early February. To manage the Chinese currency, the PBOC sets a reference rate each trading session for the…
Will China Push the U.S. Dollar Out of the Middle East?
For Gulf states, balancing the use of the dollar and the renminbi will become a way of maintaining strategic neutrality amid global geopolitical fragmentation.
Congress is ignoring ‘reciprocity’ in US-China economic relations
Chinese commercial interests should not be able to do in the United States what U.S. firms cannot do in China.
China Market Update: Meituan Crushes Analyst Estimates, Alibaba’s Must-Read Regulatory Filing, Week In Review
Asian equities were mixed overnight despite the US dollar’s strength as all Asian currencies were down versus the dollar, except for the Yen and the Hong Kong Dollar, which is pegged.
1st LD-Writethru-Economic Watch: China rolls out cross-border trade in services negative lists
China has rolled out national and pilot free trade zone (FTZ) versions of negative lists for cross-border trade in services to boost opening up, the Ministry of Commerce announced on Friday. It is the …
China’s Central Government Steps Up Spending to Bolster Economy
China’s central government accelerated spending at the start of the year, a sign it’s taking on more financing responsibility to support the economy and to avoid worsening local government debt risks.
Facing China’s Military Threats, Taiwan Considers War Tax for Defense Funding
May have experienced the need to enhance the preparation for war Planning to prepare war expenses via financial war game Considering the control of foreign exchange In light of China’s recent, almost …
Beijing Concerned Funds From Liquidity Boosts Aren’t Finding Borrowers
China’s policymakers are growing concerned that intensified monetary policy support has led to excessive liquidity in the banking system that isn’t being funneled into the real economy.
China Stocks Rebound Cools as Earnings Disappoint, Yuan Weakens
Chinese stocks declined Friday and were set to halt a five-week rally, weighed down by losses in Hong Kong-listed technology shares and a slew of disappointing earnings reports.
China’s 300 million migrant workers key to boost consumption, not lavish infrastructure, ex-adviser says
A former central bank adviser says China’s 1 trillion yuan (US$139 billion) of ultra-long term special bonds should be used to improve services for migrant workers as it seeks to boost consumption to …
China boosts supervision of fund firms, launches inspections, newspaper reports
China’s securities regulator has launched onsite inspections of some mutual fund companies as part of efforts to strengthen management of the industry, the 21st Century Business Herald reported on …
What makes China’s ‘ultra-long’ bonds special? Here’s what we know about Beijing’s trillion-yuan offering to stabilise economy
Beijing’s new off-budget treasury bonds will span decades, and they have been sold only 3 times before – in some of the most challenging economic times Analysts break down the potential risks and …