The former chairman of the Bank of China has been arrested over suspicions of bribery and giving illegal loans. Liu Liange, chairman of the state-owned bank from 2019 to 2023, had resigned from his …
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China’s Central Bank Steps Up Liquidity Support
The People’s Bank of China stepped up its support of the economy with an increased injection of liquidity into the financial system, even as it kept a key lending rate unchanged.
China central bank ramps up liquidity support via policy loans, rate unchanged
China’s central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans on Monday, but kept the interest rate unchanged as expected.
China central bank offers most cash support since 2020 as debt sales surge
HONG KONG – China’s central bank is making the biggest medium-term liquidity injection since 2020, stepping up efforts to support the nation’s economic recovery and debt sales. The People’s Bank of …
Former Bank of China Chairman Liu Liange Arrested on Suspicions of Bribery and Illegally Granting Loans
The streets of Beijing echo with the silent tremors of a financial earthquake. Liu Liange, the former chairman of the Bank of China, has been arrested, the latest domino to fall in an intensifying war…
China’s Central Bank Steps Up Liquidity Support; Keeps Policy Rate Unchanged
The People’s Bank of China stepped up its support of the economy with an increased injection of liquidity into the financial system, even as it kept a key lending rate unchanged.
Russell Reynolds Associates Strengthens its Financial Services Practice in Greater China with Sherman Leung
Russell Reynolds Associates, a leading global leadership advisory and search firm, today announced that Sherman Leung has joined the firm as a Managing Director and Co-Head of RRA Greater China …
PBOC Ramps Up Liquidity Support to Boost China Economic Recovery
China’s central bank is making the biggest medium-term liquidity injection since 2020, stepping up efforts to support the nation’s economic recovery.
World Bank rejects China’s call to take hit on debt relief
The World Bank will not take losses on loans made to countries in need of debt relief, a senior official said, despite demands from China to force international lenders to do so. Ayhan Kose, deputy…
China’s Financial Landscape Reshaped: Changes in Securities Fusion Transactions
In the pulsating heart of China’s financial epicenter, a new regulatory notice is quietly reshaping the landscape of securities lending. This intricate dance involves the Shanghai and Shenzhen …
One sector in China is beating the slowdown — 3 stocks to play it including one with 80% upside
While financing conditions for non-state-owned enterprises have improved over the years, one adage hasn’t changed: Banks in China will stick to policy directives.
China Donates $4.1 Million to Afghanistan
Strengthening Bilateral Relations China has announced a significant donation of $4.1 million to Afghanistan, further strengthening the bilateral relations between the two nations. This donation comes …
Central bank vows more solid support for real economy
File photo shows an exterior view of the People’s Bank of China in Beijing. [Photo/Xinhua] The governor of China’s central bank has vowed to provide more substantial support to the real economy amid …
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