Russia’s finance ministry has been discussing with its Chinese counterparts the possibility of taking out loans in yuan, but there has been no decision yet, Russian Finance Minister Anton Siluanov …
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Ant Group outbids Citadel for Credit Suisse’s China unit, Bloomberg reports
Fintech giant Ant Group has outbid billionaire Ken Griffin’s Citadel Securities for Credit Suisse’s investment bank venture in China, Bloomberg News reported on Sunday, adding it was unclear whether …
Economic Watch: Revitalization of NE China provinces fueled by 1st net resident inflow in over a decade
“The meeting indicated that northeast China will embrace more favorable policies, which is conducive to the further consolidation of the resident inflow in the region,” said Li Kai, vice president of …
China to widen access to US$232 trillion repo market in transformative, signalling impact on interest rates, analysts say
More foreign investors will be allowed to conduct repo transactions onshore as Beijing takes more measures to deepen financial ties with Hong Kong As a precursor, the HKMA add Chinese government bonds …
Ant outbids Citadel Securities for Credit Suisse’s China unit, Bloomberg reports
Fintech giant Ant Group Co has outbid Billionaire Ken Griffin’s Citadel Securities for Credit Suisse’s investment bank venture in China, Bloomberg News reported on Sunday.
China’s quant clampdown risks damaging fragile markets for years
“The A-share market is so micro-managed, monitored and controlled by the administrators,” said Zhiwu Chen, a finance professor in Hong Kong and a former member of the international advisory board of …
Experts’ take on China’s fiscal and tax reform
In 2012, as part of the overall plan of deepening reform, China embarked on a journey to establish a modern public finance system. In the past decade, the fiscal and tax reform has been gradually…
Who will be China’s durian king when the market expands? Do Philippines, Malaysia have a shot?
a finance professor at Renmin University in Beijing. “As far as the present goes, the price is pretty expensive, so the market is not saturated,” Zhao said. If China received more imports, he said, …
CGTN: China’s economy shows vitality with innovative growth, booming market
BEIJING, Feb. 25, 2024 /PRNewswire/ — China’s provincial-level regions have set their economic growth targets for 2024, with figures ranging from 4.5 to 8 percent. Among them, over 20 regions are …
Global bank giants bet on opportunities brought about by China’s massive market amid nation’s stable recovery
Its stable economic recovery and the implementation of support policies are expected to attract more foreign enterprises to invest in China, Cao said. The Bank of East Asia said in its 2023 financial …
Everything China’s doing to rescue its battered stock market
They have also earmarked at least ¥300 billion of local funds to invest in onshore shares through China Securities Finance Corporation, or Central Huijin Investment. A day earlier, Premier Li Qiang …
U.S. economy unfazed by China’s struggles
The U.S. economy stands strong, unfazed by the economic terrors happening China, as stated by Wally Adeyemo, the U.S. Deputy Treasury Secretary, during a recent event in New York. Despite China …
China’s playbook no longer involves a big stimulus bazooka
Most economists agree that if it needed to, China could launch a big bazooka. The level of debt on the central government’s balance sheet is low enough for Beijing to finance a stimulus similar to…
