The China Bond Carry Trade Returns

The offshore yuan’s 12-month forwards’ implied yield -- a measure of the cost to protect against currency swings -- has fallen below the yield on bonds issued by China Development Bank. This means that a global fund can make money by buying the debt ... ( read original story ...)

China: Real Story On Lending Says Slowdown Still On The Way

A further dive into China’s lending data shows that there has been a sharp decline in financing available via China’s shadow banking sector, according to fellow blogger Paul Hodges, in his latest PH report. It peaked a three-month rolling average of ... ( read original story ...)

Bankers Ditch Fat Salaries to Chase Digital Currency Riches

From Hong Kong and Beijing to London, accomplished financiers are abandoning ... Cut out of the action, a growing cohort of banking professionals are instead applying their talents toward buying or hawking cryptocurrency. They’re going in with eyes ... ( read original story ...)

Cambodia deports telephone fraud suspects to China

The targets would then be put in touch with a fake police officer — also at the gang's headquarters — and be told they could escape arrest by transferring the allegedly stolen money to a bank account ... was based on Beijing's long-maintained claim ... ( read original story ...)

Graphic: Key issues before next week’s Bank of England meeting

LONDON (Reuters) - Bank of England policymakers face conflicting signals about ... A decade-long battle by luxury brands to defend their image neared an end on Wednesday when an... BEIJING (Reuters) - China's largest provider of on-demand services Meituan ... ( read original story ...)

China Did Stimulus the Wrong Way

In China, there are four really big banks owned by the central government -- Agricultural Bank of China, Bank of China, China Construction Bank and Industrial and Commercial Bank of China. When the aftershocks of the Great Recession threatened the economy ... ( read original story ...)

China says to steadily expand opening of capital markets

BEIJING/SHANGHAI (Reuters) - China's securities regulator pledged on Wednesday to expand access to capital markets for all types of investors, while encouraging more long-term institutional participation in the financial domain. In a brief report on its ... ( read original story ...)

China Seeks to Export Its Green Finance Model to the World

BUENOS AIRES, Jul 26 2017 (IPS) - Hand in hand with the UN Environment Programme (UNEP) and the Inter-American Development Bank (IDB), the People’s Bank of China (PBoC) disembarked in the Argentine capital to prompt this country to adopt and promote the ... ( read original story ...)

Why Ponzi schemes are thriving in China despite crackdowns

The financial naivety of the public and a collective desire for unfeasibly high returns have helped fuel the proliferation of fraudulent investment schemes in China, according to an academic. “China’s financial markets were opened in the 1990s and the ... ( read original story ...)