China has sent fresh and strong signals on building itself into a financial powerhouse as part of its efforts to pursue high-quality development of the financial sector.
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China-focused ETFs struggle amid fears of another regulatory ‘crackdown’
The KraneShares CSI China Internet ETF also with $5 billion of assets, has seen its shares plunge 11.8% this year through Wednesday, while the iShares China Large-Cap ETF which has $4 billion under …
China allows more foreign banks to play lead role in debt underwriting
China has granted six foreign banks licences allowing them to act as lead underwriters for debt issues in China, as it admits more foreign players into the country’s fast growing renminbi-denominated …
China emits signals on building a financial powerhouse
China has sent fresh and strong signals on building itself into a financial powerhouse as part of its efforts to pursue high-quality development of the financial sector.
UPDATE 1-China tightens party’s oversight of central bank policy panel
(Writes throughout with details on the party’s leadership and requirement on policy communication, adds quotes) BEIJING, Jan 18 (Reuters) – China’s cabinet has amended rules for the central bank’s …
Citi’s Ex-China Chief Economist Exiting as Bank Cuts Jobs
Citigroup Inc.’s head of Asia-Pacific economic analysis at its wealth unit and former chief China economist Liu Li-gang is leaving as the US bank embarked on a fresh round of global job cuts amid a…
“Xi Jinping Thought Power Bank” has gained widespread attention on the internet in China, becoming a viral sensation
In a milestone moment for technology-driven ideological study, Guangming.com, China’s official media outlet, introduced the “Xi Jinping Thought Power Bank” in March 2023. Combining a Bluetooth speaker …
Explainer: China emits fresh signals on building a financial powerhouse
BEIJING, Jan. 18 (Xinhua) — China has sent fresh and strong signals on building itself into a financial powerhouse as part of its efforts to pursue high-quality development of the financial sector.
Citigroup’s Ex-China Chief Economist Exiting as Bank Cuts Jobs
Citigroup Inc.’s head of Asia-Pacific economic analysis at its wealth unit and former chief China economist Liu Li-gang is leaving as the US bank embarked on a fresh round of global job cuts amid a…
China amends rules for c.bank monetary policy committee – state media
BEIJING, Jan 18 (Reuters) – China’s State Council has amended rules for the central bank’s monetary policy committee, the official Xinhua News Agency reported on Thursday. The new rules, effective …
Commentary: Is China’s era of miracle growth over?
China’s economic growth has declined in the last decade, hitting new lows in the post-COVID era. Market-oriented reforms are necessary in reversing this trend, says former economics professor Chen …
China’s war on corruption turns into high wire act
China’s crackdown on corruption is no longer a campaign but a part of its system. After purging nearly 5 million individuals, mostly party officials, over the past 10 years, Xi Jinping this month proclaimed “overwhelming…
What investors are missing on China’s economy
The Chinese economy expanded at its slowest annual rate since 1990, with GDP expanded at a 5.2% pace in 2023. With the Chinese government making efforts to stimulate the economy and ongoing …
