(Bloomberg) — China will allow international investors to access its interest-rate derivatives market through Hong Kong, bolstering the city’s status as a financial gateway to Asia’s largest …
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China’s central bank upgrades currency swap with HKMA, expands size
Upgraded agreement could provide long-term liquidity support to Hong Kong market. Read more at straitstimes.com.
China cetral bank upgrades currency swap with HKMA, expands size to 800 billion yuan
China’s central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a standing swap agreement and expanded the size to 800 billion yuan ($119.40 billion) from 500 …
China central bank upgrades currency swap with HKMA, expands size to 800 billion yuan
China’s central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a standing swap agreement and expanded the size to 800 billion yuan ($119.40 billion) from 500 …
Oil Dragged Lower Amid Recession Concerns, China’s Virus Fight
Oil retreated as investors weighed concern a global slowdown will erode demand and China reported widening Covid-19 outbreaks. West Texas Intermediate declined toward $107 a barrel after jumping 2.5% …
China’s equities more attractive for foreign investors
China’s equities are increasingly attracting international investors due to the prospect of the country’s stabilizing economic growth when the capital market is overcast elsewhere. A glimpse at the …
China casts giant shadow over emerging nations’ chase for debt relief
LONDON: From a US$360 million project to expand Zambia’s international airport in Lusaka to a US$1.4 billion city port in Sri Lanka’s capital of Colombo, China is the missing piece in the puzzle of a…
Tesla Q2 deliveries hit by China shutdowns; says June was best month ever
Tesla released its Q2 production and delivery figures, which came roughly inline with street estimates. Tesla produced 258,580 vehicles and delivered 254,695 vehicles in Q2. Deliveries, which the …
In China’s capital, mass testing becomes new normal
The approach is now being followed in most Chinese cities, all of which requires an enormous infrastructure to process millions of daily samples …
Amb. Zhou Pingjian: The So-called ‘Debt trap’ is pure disinformation, don’t tarnish China-Africa cooperation
Kenya’s largest creditor? Not China. Kenya owes less than 10% of its public debt, or, less than 20% of its foreign debt, to Chinese creditors. Labeling China as the main creditor of Kenya is clearly…
‘Hong Kong will survive a US-China financial war’
Executive Councillor and former head of the Hong Kong Monetary Authority, Joseph Yam, said on Sunday that he doesn’t think the US will wage a …
China ratchets up efforts to ease burdens on enterprises
Ministries in China have rolled out a raft of supportive policies to keep enterprises and self-employed businesses afloat amid the COVID-19 epidemic, with a focus on cutting fees and taxes. The number …
China move banks on greater use of yuan
Liquidity arrangement at the Bank for International Settlements not only counters US global monetary dominance, but also is natural evolution for currency of world’s second largest economy The yuan’s …
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