China’s non-financial outbound direct investment (ODI) slumped 30.1 per cent in March from a year earlier as authorities kept a tight grip on capital outflows to help support the yuan and safeguard the country’s foreign…
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Trump talk tempers exporters' optimism at top China trade fair
GUANGZHOU, China (Reuters) – Higher costs and rising wages are among the top headaches for exporters at China’s largest trade fair, but days after the first U.S.-China summit under the new president one topic of…
China’s Minsheng Bank sees investor trust vanish – along with 3b yuan
They also visited the China Banking Regulatory Commission and its Beijing subsidiary, as well as the headquarters of Minsheng Bank, and the China Securities Regulatory Commission. However, no clear answers have been given to them…
Shadow banking makes a surprise return to China
… are turning to murky and risky deals because they cannot obtain financing through regular bank loans or bonds, analysts said. This could undermine Beijing’s efforts to root out financial risks later this year when…
China March outbound direct investment slumps 30.1 percent as capital curbs bite
BEIJING China’s non-financial outbound direct investment (ODI) slumped 30.1 percent in March from a year earlier as authorities kept a tight grip on capital outflows to help support the yuan currency and safeguard the country’s…
Commentary: Chinese financial regulation bids farewell to soft constraints
Along with rapid growth in recent years, China’s financial sector has been exposed to various risks — illegal lending, insider trading in the securities market and fraud by insurance companies — that imperil financial market…
China's Ant hikes MoneyGram bid by over a third, beats rival U.S. offer
BEIJING China’s Ant Financial has sweetened its bid for MoneyGram International Inc by over a third, beating a rival offer to gain approval from the U.S. electronic payment firm’s board, although it still faces regulatory…
China first-quarter GDP grows faster than expected 6.9 percent, steel output hits record
The strong reading should help underpin wobbly global financial markets but adds to worries that China’s government is still relying too heavily on stimulus and “old economy” growth drivers and is not doing enough to…
China's Ant hikes MoneyGram bid by more a third, beats rival U.S. offer
BEIJING China’s Ant Financial has sweetened its bid for MoneyGram International Inc by over a third, beating a rival offer to gain approval from the U.S. electronic payment firm’s board, although it still faces regulatory…
China central bank adviser sees potential cuts to RRR: Yicai
SHANGHAI An adviser to China’s central bank has flagged that China’s central bank could reduce the amount of cash banks need to hold, saying such cuts to the reserve requirement ratio would be normal given…
Senior Chinese banking regulator under investigation – Caixin
BEIJING, April 16 A senior official at the China Banking Regulatory Commission (CBRC) is under investigation for suspected links to a loan scandal, the financial magazine Caixin reported, citing sources close to the matter. Yang…
China’s shadow banking rebounds in March, household loans surge
But aggregate financing, which includes bank loans as well as off-balance sheet lending, surged in March and was a record in the first quarter, raising doubts about the effectiveness of official efforts so far to…
China’s financial sector told to expect new wave of graft scrutiny
The warning came after Yang Jiacai, assistant chairman of the China Banking Regulatory Commission (CBRC), was reportedly placed under investigation in relation to a loan scandal in Hubei province. Without confirming the investigation, a commentary…
