This is a historic case that highlights the vulnerability of China’s booming real estate market and the government’s resolve to enforce financial discipline. The business and its chairman were charged …
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China cuts holdings of US Treasury debt in January, ending 2-month rise
China’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increase, according to data released by the US Department of the Treasury on Tuesday. As the second …
China blasts criticism of new Hong Kong security law
BEIJING: China blasted critics of Hong Kong’s new national security law on Wednesday (March 20), after Western powers and the United Nations said it would further curtail freedoms in the finance hub.
China’s economy at critical phase of transition
Additionally, China’s foreign exchange reserves have consistently maintained the top position for several years. The development of digital finance, green finance, and inclusive finance places China …
China is desperate to attract more foreign investment. It won’t be easy
China’s State Council has unveiled an action plan to attract more foreign investment, as the world’s second largest economy scrambles to shore up its growth engine amid weak domestic demand and other …
Economic Watch: China’s new rules on consumer finance to defuse risks, promote consumption
BEIJING, March 20 (Xinhua) — China’s recent new regulations on consumer finance companies will improve market regulation and risk control and let the sector better play its role in bolstering …
UPDATE 2-China’s central bank reshuffles monetary policy committee
China’s central bank said it has reshuffled its monetary policy committee to include securities regulator head Wu Qing, vice central bank chief Xuan Changneng and two new academic members. Wu, who was …
China’s Central Bank Names Two Scholars as New Policy Advisers
China’s central bank has named two prominent economists as members of its monetary policy committee, which advises on policy decisions.
China’s Non-Bank Loans Jump, Adding to ‘National Team’ Clues
China’s loans to non-bank financial institutions surged in February by the most in seven years, prompting speculation that lenders provided a big boost of capital to state funds as they bought shares …
China’s central bank reshuffles monetary policy committee
China’s central bank said it has reshuffled its monetary policy committee to include securities regulator head Wu Qing, vice central bank chief Xuan Changneng and two new academic members.
China’s Benchmark Lending Rates Held Steady
China’s benchmark lending rates were kept steady after the People’s Bank of China held its key policy rates unchanged this month.
Beijing eyes more foreign investment
For instance, in payment methods, Beijing will focus on enhancing the convenience of the use of cash, foreign bank cards and electronic payments, he said. Also, in areas with many foreign residents …
China is recovering, but slower than investors hoped: Strategist
As concerns over China’s economic trajectory linger, there are signs that a gradual recovery may be underway. KraneShares CIO Brendan Ahern joins Yahoo Finance Live to discuss the outlook for the …