China withdrew cash from its banking system for a fifth consecutive month amid caution toward monetary easing as currency depreciation pressures mount.
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China’s GDP growth slowed last quarter to 4.7%, below forecasts, as ‘insufficient’ domestic demand takes a toll on the economy
Greg Baker—AFP via Getty Images China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in …
China’s GDP growth slowed last quarter to 4.7%, below forecasts, as ‘insufficient’ domestic demand takes a toll on the economy
Greg Baker—AFP via Getty Images China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported Monday, while emphasizing signs of improvement in …
China’s third plenum: the 5 burning questions heating up debate – and our take
In advance of China’s third plenum, a major economic conclave, debate over the agenda has been rampant. Here are the most important questions being asked – and our thoughts as to their answers.
China central bank leaves medium-term rate unchanged as expected
China’s central bank left a medium-term rate unchanged as expected on Monday when rolling over maturing medium-term loans. WHY IT’S IMPORTANT The steady medium-term lending facility (MLF) rate was in …
China Withdraws Cash From Banking System Amid Pressure on Yuan
China withdrew cash from its banking system for a fifth consecutive month, amid caution toward monetary easing as currency depreciation pressures mount.
China Property Crash Is Battering a Niche Pocket of ESG Finance
China’s property downturn is weighing on yet another corner of financial markets: ESG-labeled securitized debt. Chinese developers are issuing far fewer securities tied to climate or social objectives …
Trillions in Hidden Debt Drove China’s Growth. Now It Threatens Its Future.
Local governments racked up as much as $11 trillion in off-the-books debt to build industrial districts, resorts, transit systems and housing projects, including many that failed.
40 Banks Shut Down in Sudden ‘Vanishing Act’ – Absorbed Into Larger Lenders As Economy Teeters in China: Report
Banks are reportedly collapsing at an unprecedented rate in China due to a major downturn in the country’s property market, poor risk controls and other issues.
China Central Bank to Maintain Yield Curve, Correct Bond Risks, State Media Says
SHANGHAI (Reuters) – China’s central bank is determined to maintain a normal upward-sloping yield curve and correct bond-market risks, the bank-backed Financial News reported late on Friday, citing …
China c.bank seen holding medium-term lending rate steady Monday
China’s central bank is widely expected to leave a medium-term interest rate unchanged and drain some cash from the banking system when rolling over such maturing loans on Monday, a Reuters survey …
China c.bank seen holding medium-term lending rate steady Monday
China’s central bank is widely expected to leave a medium-term interest rate unchanged and drain some cash from the banking system when rolling over such maturing loans on Monday, a Reuters survey …
Vanuatu Prime Minister asks Bank of China to open branch in Port Villa
Vanuatu Prime Minister Charlot Salwai has asked the Bank of China to set up operations in the Pacific Island nation, his office said in a statement on Friday.
