China’s State Council has unveiled an action plan to attract more foreign investment, as the world’s second largest economy scrambles to shore up its growth engine amid weak domestic demand and other …
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Economic Watch: China’s new rules on consumer finance to defuse risks, promote consumption
BEIJING, March 20 (Xinhua) — China’s recent new regulations on consumer finance companies will improve market regulation and risk control and let the sector better play its role in bolstering …
UPDATE 2-China’s central bank reshuffles monetary policy committee
China’s central bank said it has reshuffled its monetary policy committee to include securities regulator head Wu Qing, vice central bank chief Xuan Changneng and two new academic members. Wu, who was …
China’s Central Bank Names Two Scholars as New Policy Advisers
China’s central bank has named two prominent economists as members of its monetary policy committee, which advises on policy decisions.
China’s Non-Bank Loans Jump, Adding to ‘National Team’ Clues
China’s loans to non-bank financial institutions surged in February by the most in seven years, prompting speculation that lenders provided a big boost of capital to state funds as they bought shares …
China’s central bank reshuffles monetary policy committee
China’s central bank said it has reshuffled its monetary policy committee to include securities regulator head Wu Qing, vice central bank chief Xuan Changneng and two new academic members.
China’s Benchmark Lending Rates Held Steady
China’s benchmark lending rates were kept steady after the People’s Bank of China held its key policy rates unchanged this month.
Beijing eyes more foreign investment
For instance, in payment methods, Beijing will focus on enhancing the convenience of the use of cash, foreign bank cards and electronic payments, he said. Also, in areas with many foreign residents …
China is recovering, but slower than investors hoped: Strategist
As concerns over China’s economic trajectory linger, there are signs that a gradual recovery may be underway. KraneShares CIO Brendan Ahern joins Yahoo Finance Live to discuss the outlook for the …
Chinese Property Giant Hit With Damning Financial Charges
Lintao Zhang//Getty Images News/iStock This punitive response from China’s securities regulator comes shortly after Beijing issued warnings against financial malpractices amid a housing-market …
Another nail in the China Evergrande coffin: A $78 bn financial fraud | What’s happening?
The China Securities Regulatory Commission (CSRC) has said that China Evergrande inflated revenues by $78 billion in the two years leading up to its debt default …
Evergrande: China property giant and its founder accused of $78bn fraud
Chinese property giant Evergrande and its founder, Hui Ka Yan, have been accused of inflating revenues by $78bn (£61.6bn) in the two years before the firm defaulted on its debt. The country’s …
China is on pace to buy a record amount of Russian oil this month
China is expected to import 1.7 million barrels of Russian crude a day, taking over Indian demand, Kpler data cited by Bloomberg shows.
