China’s consumer inflation turned positive for the first time in six months, largely supported by the Lunar New Year holiday, when a spending boom pushed up prices.
Tagged By banking
China central bank adviser urges structural reforms to spur growth
BeijingChina urged to prioritize structural reforms over economic stimulus for sustainable growth, says central bank adviser.
China’s military ambitions
China’s annual parliamentary meetings offer a glimpse into its future direction. This year, amidst economic headwinds, a key takeaway is the continued surge in defence spending …
Moody’s Downgrades China’s Vanke Amid Real Estate Sector Concerns
Yonhap Moody’s, an international credit rating agency, has downgraded Vanke, China’s second-largest real estate developer’s credit rating to “non-investment grade.” According to Bloomberg News, on the …
Why China’s 5 per cent GDP target has failed to reassure Asia
Beijing has shown no urgency at its NPC meeting to reboot or stimulate its economy in a way that would support its target, dashing the hopes of its neighbours worried about the drag from an…
China’s regulator says it wants ‘virtuous cycle’ between finance and real estate
China wants a “virtuous cycle” between the finance and real estate sectors and will accelerate the implementation of a real estate financing coordination mechanism, the National Financial Regulatory …
Standard Chartered CEO contender Cooper to leave in overhaul as UK bank changes top Greater China jobs
Simon Cooper, a frontrunner to replace CEO Bill Winters, is set to depart. Judy Hsu will take on more responsibility in consumer and private banking, while Asia chief Ben Hung will become president of …
Beijing Is Expected to Unveil GDP Target Around 5% — A Goal Now Harder to Achieve
Investors will closely scrutinize policy priorities and stimulus signals as Beijing is expected to announce an annual growth target of around 5% — the same as last year but one that will be …
South Korea to review risky financial products after China market slump triggers more than US$4 billion in losses
South Korea plans to review the sale of potentially high-risk investments after a probe found that banks mis-sold China-linked structured products, exposing retail investors to more than US$4 billion …
Financial Crisis Hits Elderly Investors as Chinese Trust Company Collapses
In the wake of a severe economic downturn, elderly retirees in China have been hit with significant financial losses following the collapse of Sichuan Trust. The Chengdu-based trust company declared …
China Investigates Another Top Banker For Corruption
China has launched an investigation into another former top banker for suspected corruption, state media reported Wednesday, as President Xi Jinping’s flagship anti-graft drive rages through the …
How China Tried to Fix the Stock Market—and Broke the Quants
China’s biggest quant funds beat the market for years, but they didn’t model a key factor—the government.
African Development Bank chief criticizes opaque loans tied to Africa’s natural resources
The head of the African Development Bank is calling for an end to loans given in exchange for oil or critical minerals used in smartphones and electric car batteries …
