Russia is seeking China’s help in developing an Arctic sea route that could almost halve the journey time between Europe and Asia, although the heightened geopolitical risk and Moscow’s suspicion …
Tagged By banking
Economic Watch: China’s central bank announces treasury bond borrowing to stabilize market yields
The People Bank of China PBOC the country central bank announced plans to conduct treasury bond borrowing operations with primary dealers in the o …
China to borrow treasury bonds from market traders to keep yields stable
China’s central bank, concerned about a decline in long-term bond yields, will borrow treasury bonds from primary market traders to maintain liquidity in the market.
Global Digital Economy Conference 2024 opens in Beijing
This event features nearly 80 enterprises showcasing advanced digital technologies that empower the future of finance, medical care … To address data security concerns in the metaverse, …
American Express has high confidence in Chinese market, boosted by Beijing’s steadfast opening-up efforts
VCG. American Express said it is bullish on the Chinese financial market, noting that the country’s opening-up has been a trigger for the company to consid …
China’s young are ‘revenge saving’ even as Gen Zers around the world are piling up debt
Rather than splurging on impulsive purchases, China’s young are saving ferociously as the world’s second-largest economy remains in the doldrums.
China’s banks want educated, data-minded debt collectors after new rules come into play
Banks and financial service companies in China are recruiting more educated and tech-literate personnel for their debt collections, a reflection of new rules that have professionalised the industry.
China’s central bank moves to address bond frenzy
China’s central bank plans to intervene directly in bond markets in a sign of officials’ growing discomfort with a rally that has pushed borrowing costs to the lowest level in two decades. The …
China to borrow treasury bonds from primary market to keep yields stable
China’s central bank, concerned about a decline in long-term bond yields, will borrow treasury bonds from primary market traders to maintain liquidity in the market.
China’s Central Bank Could Embrace Federal Reserve Model In A Major Reform Under Governor Pan Gongsheng
The People’s Bank of China is contemplating a major overhaul of its monetary policy, aligning it more closely with the U.S. Federal Reserve’s model. What Happened: PBOC Governor Pan Gongsheng has …
China’s twin PMI figures reveal mixed economic health
China’s manufacturing PMIs for June painted a mixed picture for the world’s second-largest economy, prompting calls for additional stimulus.
Why China’s Central Bank Could Become More Like the Fed
(Bloomberg) — A bold step forward looms in the decades-long reform of how China conducts monetary policy, with Governor Pan Gongsheng leading the central bank to explore changes that would move it …
China’s AI Startups Head to Singapore in a Bid for Global Growth
(Bloomberg) — When Wu Cunsong and Chen Binghui founded their artificial intelligence startup two years ago in Hangzhou, China, they quickly ran into obstacles, including dearth of venture capital.
