JD Finance, the finance unit of China’s second biggest e-commerce player JD.com Inc, has been deconsolidated from JD as a result of the reorganization as of June 30, 2017, which is expected to pave the…
Tagged By banking
Predicting China’s endgame: Is China merely kicking the can down the road?
We analysed three common ways for unwinding the imbalances facing the economy – an US-style financial crisis, a Japan-type lost decade and a Beijing-preferred soft-landing. In this and the next updates, we will systematically compare…
China’s Financial Support: Entangling Malaysia and Bangladesh in A Debt Trap?
This is post 3 of 4 in the series “Conflicts And Arm-Twisting Will Hurt China’s Efforts to Become a Global Leader” China’s Belt Road Initiative: A Win-Win From Afar Stake Sale in Sri Lanka’s Hambantota…
China’s debt boom could lead to financial crisis, IMF warns
China’s economy is reliant on too much debt and the enormous boom in credit risks leading to a new financial crisis, the International Monetary Fund (IMF) has warned. GDP in the world’s second largest economy…
China central bank official sees limited impact from NCD inclusion in risk assessment
BEIJING (Reuters) – China’s planned inclusion of negotiable certificates of deposit (NCDs) – a popular short-term debt instrument for smaller banks – in its quarterly risk assessments will have limited impact on the banking sector,…
New commission to improve financial security
The recently established Financial Stability and Development Committee responsible to the State Council, China’s Cabinet, is another important move to strengthen the country’s financial security and help the People’s Bank of China, the central bank…
China’s Stability at Stake as the Next Generation of Money Men Rises
Sign up here to receive our newsletter. As the retirement of People’s Bank of China Governor Zhou Xiaochuan nears, his legacy of financial reform may yet live on through the advancing careers of people he’s…
China central bank unlikely to tighten policy further in second half: adviser
BEIJING (Reuters) – China’s central bank is unlikely to tighten policy further in the second half of this year, which could cap rises in market interest rates, a central bank adviser on Tuesday was quoted…
The Latest: Trump signs executive action on trade with China
President Donald Trump has signed an executive action that asks his trade office to explore a possible investigation into China for the alleged theft of American technology and intellectual property. Trump suggested at the Monday…
China appeals to Trump to avoid ‘trade war’
BEIJING — China’s government appealed to U.S. President Donald Trump on Monday to avoid a “trade war” ahead of what the White House says is a possible announcement of an investigation into whether China is…
PBOC puts US$1.27 trillion of bank debt under closer scrutiny
China’s central bank said it will start to closely examine 8.43 trillion yuan (US$1.27 trillion) of money market debt issued by big banks from next year. The People’s Bank of China said in its second-quarter…
Beijing’s fear of financial crisis ‘drives crackdown on big borrowers’
Beijing’s fear of a massive financial crisis is driving its sweeping crackdown on big borrowers such as conglomerates Dalian Wanda and LeEco, according to an opinion piece in Communist Party mouthpiece People’s Daily on Monday.…
China to cut off North Korean imports under UN sanctions
BEIJING — China announced Monday it will cut off imports of North Korean coal, iron ore and other goods in three weeks under U.N. sanctions imposed over the North’s nuclear and missile programs. China, the…
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