A gauge of Chinese stocks in Hong Kong slid to the verge of a correction, as a selloff spurred by geopolitical tensions and doubts over the nation’s economic recovery extended.Most Read from …
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Exclusive-G20 host India to propose China, other creditors take haircuts on loans – sources
India is drafting a proposal for G20 countries to help debtor nations badly hit by the economic fallout from the pandemic and Ukraine war, by asking lenders including China, the world’s largest …
China Wants Its Currency to Have Global Influence. U.S. Sanctions Are Paving the Way.
Xi said on a trip to Saudi Arabia in December that China would start paying for oil with Chinese currency. The Saudi finance minister said his government is open to the idea. Those moves signal…
China central bank ramps up medium-term liquidity injection via policy loans, rate unchanged
With 300 billion yuan worth of MLF loans set to expire, the operation resulted in a net 199 billion yuan of fresh fund injection into the banking system.
UPDATE 1-China c.bank ramps up medium-term liquidity, keeps MLF rate steady
SHANGHAI, Feb 15 (Reuters) – China’s central bank ramped up medium-term liquidity injections as it rolled over maturing policy loans on Wednesday, while it kept the interest rate unchanged, matching …
China Bolsters Liquidity Support to Meet Surge in Loan Demand
China’s central bank added more cash into the financial system to meet a rapid rebound in loan demand after the nation eased Covid restrictions.
China c.bank ramps up medium-term liquidity injection via policy loans, rate unchanged
China’s central bank ramped up medium-term liquidity injections as it rolled over maturing policy loans on Wednesday, while keeping the interest rate unchanged, matching market expectations. The …
Singapore’s GIC says still exploring China investment opportunities
SINGAPORE, Feb 14 (Reuters) – Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China, looking at a wide range of industries, adding that it …
China c.bank set to inject more cash via medium-term policy loans
SHANGHAI, Feb 14 (Reuters) – China’s central bank is widely expected to inject more liquidity when rolling over maturing medium-term policy loans on Wednesday, while keeping the interest rate …
Deutsche Bank taps ex-BNP Paribas, Credit Suisse China leads as North Asia wealth heads
King joins Deutsche Bank’s International Private Bank (IPB) in March, whilst Lau will join in April. King joins from BNP Paribas, where he was head of the China market. He had also served as the…
Beijing’s pivot to growth puts onus on local governments to deliver
With business confidence remaining weak, Beijing may have no alternative than to rely on local governments and state-owned firms to drive investment A shared understanding has emerged among local …
China’s Belt and Road to Nowhere
In 2022, 60 percent of China’s overseas lending went to borrowers in financial distress, compared to just 5 percent in 2010, said Bradley Parks, the executive director of the AidData research group at …
China, U.S. to Participate in First Meeting of New Debt Roundtable on Feb. 17
WASHINGTON (Reuters) – Officials from China, India, Saudi Arabia and Group of Seven wealthy … the current leader of the Group of 20 finance officials, and comes a week before G20 finance officials …