Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. China’s Everbright Bank missed profit estimates due to investment losses and an increase in cash set …
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China’s Country Garden delays publication of 2023 financial results
Country Garden , China’s largest private property developer, delayed the publication of its 2023 financial results on Thursday saying it needed to collect more information to make appropriate …
Old Xi Speech on China’s Monetary Tools Catches Trader Eyes
China should enrich its toolbox of monetary policies and the … The snippet was taken from his speech — which was previously not fully released — during a twice-a-decade financial policy meeting in …
China’s duty clear on Australian wine will hurt Bordeaux sales, producers say
French Bordeaux wine exporters, who supply 9% of China’s total wine and spirits imports, expect a rapid fall in exports after China’s decision on Thursday to lift import tariffs on Australian wine.
China’s Bond Frenzy Fades Amid Worries Best Returns Are Over
A fizzing five-month rally in Chinese government bonds looks set to end this month, as the haven buying spree comes under threat from expectations of higher debt issuance in the second quarter and a …
Xi’s Old Speech on China’s Monetary Tools Catches Traders’ Eyes
China should enrich its toolbox of monetary policies and the … The snippet was taken from his speech — which was previously not fully released — during a twice-a-decade financial policy meeting in …
JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers
SYDNEY, March 28 (Reuters) – JPMorgan (JPM.N), opens new tab has appointed Rita Chan and Alan Ho as co-senior country officers for China, according to a memo reviewed by Reuters on Thursday. The pair …
Xi Jinping to China’s central bank: restart treasury-bond trade, after 2-decade hiatus
President Xi has told China’s financial cadres that active monetary policy toolkit must include a controversial means of injecting liquidity into the economy Economist says PBOC has not bought …
Yellen complains China’s green-energy production ramp-up ‘distorts global prices’
Treasury Secretary Janet Yellen called out China’s ramped-up production in solar energy, electric vehicles and lithium-ion batteries, calling it …
Luzhou Bank’s profit growth looks sweet, but could mask souring loans
Things can be even trickier for China’s hundreds of regional banks, which are often at the confluence of a wide range of competing forces, including serving local powerbrokers while also trying to …
In Beijing, Dutch PM raises cyberespionage with China’s Xi
Dutch Prime Minister Mark Rutte said he had discussed an incident of cyberespionage the Netherlands has blamed on the Chinese state during talks with President Xi Jinping on Wednesday. Chinese …
China has ample policy room, advantages to boost economy despite challenges
However, another type of policy that will become increasingly important in the coming years is that China’s public finance will increasingly lean toward social welfare. This trend is already evident.
China’s banks have a bad-debt problem
To regulators it may seem as if banks involved in such transactions are solving their bad-debt problems; in reality, they are concealing them. As Ben Charoenwong and Ruan Tianyue of the National …
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