March new loans seen at 3.4 trln yuan vs 900 bln yuan in Feb March M2 growth seen at 8.9% y/y vs 9.0% y/y in Feb Loans, money supply data due April 10-15 BEIJING, April…
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Deutsche Bank Declares China Energy ‘Winner’ in New Era of War
As war injects extreme volatility into oil and gas markets, the global race for energy security is making China stronger, according to Jacky Tang, emerging markets chief investment officer at the …
Global banks scale back China rate-cut calls, see policy rate on hold this year
SHANGHAI, April 8 (Reuters) – Major global investment banks now expect China to keep official interest rates steady this year, scaling back earlier rate-cut calls, as the impact from the Middle East …
China Bank Stocks Emerge as Haven as Iran War Jolts Markets
Chinese bank shares have outpaced the broader market since the war in Iran broke out, with attractive dividend yields and improving earnings prospects likely to provide further tailwinds, according to …
China’s central bank maintains gold buying for 17th month
BEIJING, April 7 (Reuters) – China’s central bank stayed the course on gold purchases for a 17th consecutive month, data from the People’s Bank of China (PBOC) showed on Tuesday. The country’s gold …
A Look At Beijing Geekplus Technology (SEHK:2590) Valuation After Recent Short Term Share Price Weakness
Beijing Geekplus Technology (SEHK:2590) has drawn investor attention after recent trading, with the shares closing at HK$17.56. The move comes against a backdrop of mixed short term returns and …
China’s middle class is ‘shadow saving’ — hoarding cash instead of spending — and it could be a problem for Americans
China’s middle class is sitting on a mountain of cash, but they’re refusing to spend it. Bank deposits are surging, interest rates are near zero, and yet households are tightening their wallets.
Canada, China sign pledge in Beijing to deepen financial-sector ties
Finance Minister François-Philippe Champagne said the Canada-China relationship is at a unique moment in time as he wrapped up a full day of meetings with top Chinese officials on Friday in Beijing.
Canadian finance minister discussed supply chain integrity during meeting in China
April 3 (Reuters) – Canada’s finance minister said on Friday that he discussed supply chain integrity during a meeting with counterparts in China aimed at boosting trade, as Ottawa faces U.S. scrutiny …
Beijing seen as a hub for youth innovation
A news report from chinadaily.com.cn: As part of the efforts to position itself as a global hub for youth innovation and entrepreneurship, Beijing has rolled out a comprehensive policy framework to …
China expands digital yuan programme with 12 new bank operators
BEIJING, April 2 (Reuters) – China’s central bank has expanded its digital yuan programme by adding a dozen additional banks as operators, confirming a Reuters report last month. The 12 new banks …
China Drains Cash From Economy in Rare Pullback During Oil Shock
China’s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.
Canada’s finance minister visits China as both countries seek to bolster ties
Francois-Philippe Champagne’s four-day trip comes close on the heels of Canadian Prime Minister Mark Carney’s visit to Beijing in January Canada’s finance minister will travel to China for a four-day …
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