A view of the booth of China Development Bank during an expo in Beijing. CHINA DAILY . China’s State-owned banks have been operating very stably with good capital conditions, low …
Tagged By banking
Emerging Markets Appear Solid Bet to Attract Money Leaving China
The big winners from rising skittishness over the investment environment in China appear to be emerging markets such as India, the chief market strategist at financial advisory and asset-management …
Xi Jinping tightens control over China’s financial system
Financial analysts are concerned that, even as Beijing welcomes foreign business, such transactions will be subject to strict government oversight. Politics will “further dictate China’s finance,” a …
China Focus: “Big Four” banks in full drive to build China into a financial powerhouse
Exclusive interviews with heads of the four state-owned lenders — Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), Bank of China (BOC) and China Construction Bank …
Punish Chinese money-launderers and banks who finance the trade in fentanyl
Yet, rather than holding Xi and the Chinese Communist Party accountable, the Biden administration appears to be bending a knee to Beijing once again. Biden welcomed Xi to San Francisco last month, …
China’s real estate crisis is coming for its massive shadow banks
Moody’s surprise downgrade of China’s credit outlook this week has reinforced concerns that the crisis in the country’s real estate market is spilling over into the wider economy.
China capable of defusing debt risks, experts say
China is expected to completely defuse hidden local government debt risks in around four to five years, and the debt stress is unlikely to trigger systematic financial risks that would derail China’s …
Assessing the Health of China’s Banking, Property Sectors
Shujin Chen, head of China financial & property research at Jefferies, discusses the prospects for the country’s lenders and property developers. On Wednesday, Moody’s Investors Service cut its …
Moody’s cuts Hong Kong, Macau and bank rating outlooks following China move
Moody’s put Hong Kong, Macau and swathes of China’s state-owned firms and banks on downgrade warnings. Read more at straitstimes.com.
China’s push to internationalize the yuan and reduce dependence on the US dollar is working, economist says
The yuan has seen a boost in the share of global payments using the currency this year, which could be a sign of momentum in the dedollarization trend.
China lays out contrasting vision for financial system, rejects ‘predatory’ Western outlook
In a departure from the West’s view on the role of finance, China has made the case for its own perspective on the industry, primarily as a tool for achieving policy goals and a buttress…
Xi Jinping is asserting tighter control of finance in China
The Communist Party expects banks, pension funds, insurers and other financial organizations in China to follow Marxist principles.
China Year-End Funding Stress Comes Early in Parts of Market
China’s financial firms are trying to get ahead of the traditional year-end scramble for cash, triggering some early signs of pressure in the country’s money market.
