(Bloomberg) — The U.S. and China are set to use the latest gathering of the world’s finance chiefs to marshal support for their respective cases in a trade dispute that shows no sign of ending…
Tagged By banking
China finance: why ‘accidental banks’ face a crackdown
It is a campaign that has spilled across China’s borders and into global markets. The curbs on the investment banking operations at Huarong and three other state-owned asset management companies, or A… ( read original…
China promises not to weaken yuan, criticizes US concern
BEIJING — China promised Tuesday not to weaken its currency to boost … Mnuchin’s trip to Indonesia for meetings of the International Monetary Fund and World Bank. The tightly controlled yuan has los… ( read…
The Latest: IMF head to US, China: fix not break trade rules
NUSA DUA, Indonesia — The Latest on the IMF-World Bank annual meeting in Bali, Indonesia (all times local): 11:05 a.m. International Monetary Fund Managing Director Christine Lagarde says the U.S. and … ( read original…
Chinese finance ministry official says ‘optimistic’ on trade war breakthrough
NUSA DUA, Indonesia (Reuters) – A Chinese finance ministry official said on … on an additional $267 billion of Chinese imports if Beijing retaliates for the recent levies and other measures … ( read original…
China issues rules for online financial bodies to battle money laundering
BEIJING (Reuters) – China’s central bank on Wednesday issued anti-money laundering and counter-terrorism financing regulations for online financial institutions, as part of Beijing’s efforts to rein i… ( read original story …)
China Plans Major Expansion of Too-Big-to-Fail Rules
(Bloomberg) — China plans to increase the number of companies it deems systemically important financial institutions, people familiar with the matter said, a sign that policy makers are stepping up c… ( read original story…
China Lending Corporation Cooperates with Zhejiang Lixin
In return, Lixin hopes to access China’s western regional markets, where Lixin’s expertise in financial solutions should resonate favourably with a large body of potential customers. The … ( read original story …)
China says it’s not afraid of a trade war with the US — its actions show otherwise
The People’s Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) i……
Chill in the air as Pompeo meets Chinese counterparts in Beijing
BEIJING (Reuters) – U.S. Secretary of State Mike Pompeo and Chinese Foreign Minister and State Councillor Wang Yi aired their grievances in the open on Monday during a brief visit to Beijing by Washin… (…
China says it’s not afraid of trade war with the US — its actions show Beijing is nervous
The People’s Bank of China announced on Sunday it was cutting the reserve requirement ratio for most banks by 100 basis points, which will result in an injection of 750 billion yuan ($109.2 billion) i……
Asian shares fall as China set to reopen after Beijing eases policy
SHANGHAI (Reuters) – Shares in Asia stumbled in early trade on Monday as investors waited with bated breath as China’s markets prepare to reopen following a week-long holiday and after its central ban… ( read…
China’s central bank frees up nearly $175 billion to jump-start economy
BEIJING — China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slow……
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