The average reserve requirement ratio (RRR) of China’s entire banking sector is 7 percent and there is still room for further RRR cuts, Pan said. Tian Xuan, vice dean with Tsinghua University’s PBC …
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Decoding global finance: US and China
The world of finance is dynamic and ever-changing, offering a myriad of investment opportunities. Two of the most significant players in this arena are the United States and China. Each of these …
China Vanke’s shares, bonds jump after reassurance on operations, refinancing
Shares and bonds of Vanke jumped on Tuesday after China’s No.2 property developer said the impact of a Moody’s ratings downgrade on its financing activities was “controllable”, though some analysts …
China Asks Some Banks to Limit Backing LGFVs’ Offshore Bonds
Chinese regulators told some of the country’s lenders to limit their use of a repayment-support mechanism that has backed offshore bond issuance by local government financing vehicles, according to …
China’s ‘Two Sessions’ Doesn’t Show Clear Path to Recovery
Anticipation heading into China’s first major policy meeting had been high with expectations for a stronger stimulus to jump-start recovery in China’s slowing economy.
China’s rural land is vast, vacant – and not for sale. Would putting it on the market spell windfall or woe?
As China faces numerous questions over its economic viability in the long term, some are advocating for a removal of barriers to rural land trading to jolt growth back to previous heights.
Annual stockholders’ meeting of China Banking Corporation slated in April
China Banking Corporation (Chinabank) will conduct its annual stockholders’ meeting in a hybrid format, a combination of in-person and remote attendance, on April 18, 2024, Thursday at 4 p.m.
China capable of ensuring financial security
China has the confidence, conditions and capabilities to maintain financial security, Li Yunze, head of the National Financial Regulatory Administration, said Monday.
China’s New Directive: Insolvent Property Giants to Face Bankruptcy Amid Sector Shake-Up
Amid economic tremors within China’s real estate sector, once a pivotal engine of national growth, authorities have drawn a firm line in the sand: insolvent property developers must face bankruptcy if …
US State Department requests $4 billion to outcompete China
The United States must employ “all the tools at our disposal” to outcompete China, a top U.S. State Department official said on Monday, as the Biden administration unveiled its budget request for the …
South Korean bankers misrepresented risky China-linked notes to retirees, financial watchdog says
The announcement follows a months-long investigation by the FSS into some of the nation’s most prominent retail lender and brokerages.
Beijing’s ‘White List’ Answer To China Property Crisis Is Insufficient
China’s property crisis has created a huge financial mess that needs much time and effort to clean up. Beijing’s “white lists” are inadequate in the extreme..
Why China Stocks Alibaba, JD.com, and PDD Holdings Were Climbing Today
It will still be an uphill climb for China stock investors, but shares of top Chinese tech stocks have fallen so far that it won’t take much to give them a lift. As a result,…
