BEIJING China will further regulate local government debt issuance and financing, six government agencies said in a joint statement on Wednesday, reinforcing recent steps to bolster financial risk controls. China has taken aim at potential…
Tagged By banking
China Seeks to Calm Investors With Words and Cash After Rout
China is breaking out its mouthpieces — and wallet — as it seeks to soothe investors in the face of tighter financial market regulations. “Policy makers are trying to send a very clear signal –…
Fish futures can provide new financial tool for China
China saw an influx of speculative capital into commodities exchanges in 2016. Such hot-money rushes are caused by a dearth of alternative investment options. But if the central government were to allow sensible speculation, a…
China in strong position to ward off financial risk
BEIJING — China is in a strong position to ward off systemic risks to maintain financial security, and must do so now. Financial security is part and parcel of national security, and concerns the wealth…
China lending rates swing as central bank injects cash into financial system
Lending rates in China swung on Wednesday after the country’s central bank pumped the most cash into the financial system in almost four months. Authorities are facing the tricky task of increasing regulatory scrutiny of…
China tries to calm investors with words, cash amid tougher market regulations
Beijing: China is breaking out its mouthpieces—and wallet—as it seeks to soothe investors in the face of tighter financial market regulations. The central bank-run Financial News urged stock investors not to overreact to tougher regulations…
China slowing to target
for increased efforts to ward off systemic risks to help maintain financial security. The People’s Bank of China (PBOC) have also been working towards this goal by lifting short term interest rates – 7-day, 14-day…
Ambassador Lu Shaye: Why Canada-China free trade is a win-win for both countries
Last week, officials and experts from both China and Canada held in Ottawa the second round of exploratory discussions on a bilateral free-trade agreement. Both sides enjoyed in-depth and fruitful discussions. The Chinese premier and…
Rona Ambrose: For better trade with Washington, Canada can’t be cozying up to China
We should be doing everything we can to focus the conversation on this common ground. That’s why we should be talking about China. President Trump has been very open about his plans to get tough…
Former Unicorn China Rapid Finance Goes Public at a $350M Valuation
Two weeks ago I wrote about China Rapid Finance and their plans to go public. I shared information about their target borrowers which they call the Emerging Middle Class Mobile Active (EMMA for short) and…
We haven't heard JPMorgan CEO Jamie Dimon go this dark on China in a long time
Something dark is happening in China’s banking system. It hasn’t been able to penetrate our noisy news cycle here on the other side of the world. But Jamie Dimon, the CEO of JPMorgan, knows about…
China A shares suffer amid finance sector deleveraging
Deleveraging in the financial sector is a hot topic in China. It’s one of the key factors behind the recent decline in A shares. China’s economy has over-expanded in the past couple of years, in…
China, Japan to hold sixth finance minister dialogue
BEIJING, May 2 (Xinhua) — China and Japan plan to hold the sixth dialogue between their finance ministers in Yokohama, Japan on May 6, China’s Ministry of Finance said on Tuesday. The talks may cover…