Europe has won a reprieve. The portents for China have commensurately darkened. They were already dimming before Mr Trump’s latest rabbit trick. His squeeze on China is now likely to be backed by the ……
Tagged By banking
Exclusive: China eyes infrastructure boost to cushion growth as trade war escalates – sources
China’s trade war with the United States has clouded the outlook for the world’s second-largest economy and roiled financial markets. A sharper slowdown in the Chinese economy could fuel job losses, a … ( read…
China’s Easing Move Draws Value Hunters to Unloved Bank Stocks
Value hunters are paying more attention to China’s unloved banking stocks after the government softened its deleveraging drive. Spurned for months, they’ve been some of the biggest beneficiaries of Ch… ( read original story …)
Ex-assistant chairman of China’s banking regulator sentenced to 16 years in prison: state media
HONG KONG (Reuters) – The former assistant chairman of China’s banking regulatory commission has been sentenced to 16 years in prison for accepting bribes, state media said on Thursday, as the Chinese … ( read…
China to speed up special local government bond issuance to meet demand
BEIJING (Reuters) – China’s special local government bond issuance will accelerate in the second half of this year, and the finance ministry will focus the “proactive” fiscal policy on cutting taxes a… ( read original…
US airlines cave to China’s demand on referring to Taiwan
The International Air Transport Association, a trade group of global airlines, predicts that China could overtake the United States and become the world’s biggest air-travel market by 2022. The U.S. a… ( read original story…
China’s debt threat: time to rein in the lending boom
This seemed manageable. Then, in 2008, came the meltdown of the western financial system and subsequent deep recession in high-income countries. China responded with a huge investment programme amount… ( read original story …)
Explosion near US embassy in Beijing wounds attacker
A man detonated a bomb outside the US embassy in Beijing on Thursday, injuring himself but harming nobody else at the American compound near the heart of the Chinese capital. Beijing police said the 2……
Man explodes small device outside US Embassy in Beijing
BEIJING (AP) — A man exploded a small homemade bomb outside the U.S. Embassy in Beijing on Thursday, injuring only himself, according to police and an embassy spokesperson. Photos on social media sho… ( read…
Beijing pledges wider access to financial markets
(ECNS) – Authorities in Beijing have promised to create a more attractive investment environment and significantly relax market access. Wang Hong, vice mayor of Beijing, said on Wednesday that the cap… ( read original story…
China Said to Ease Bank Capital Rule to Free Up More Lending
China took another step to ease the pressure from its deleveraging campaign, as authorities try to mitigate increasing risks to the economy from the trade war with the U.S. The People’s Bank of China ……
China central bank plans to ease some capital requirements for commercial banks: sources
SHANGHAI (Reuters) – China’s central bank plans to ease some of its capital requirements for commercial banks, in line with previous moves to spur lending, two people with knowledge of the matter said … (…
China makes headway in structural deleveraging
Growth in China’s overall leverage ratio dropped substantially in 2017, with an increase of only 2.7 percentage points from the previous year, compared with an annual average of 13.5 percentage points … ( read original…
