Standard Bank, Africa’s largest bank by assets, has processed more than CNY8 billion ($1.2 billion) through China’s Cross-Border Interbank Payment System (CIPS), highlighting the growing role of the …
Tagged By finance
China’s Fang Xinghai Probe Pushes Finance Cases to Over 400
China’s investigation into former securities regulator Fang Xinghai has pushed the number of financial-sector officials and executives ensnared in the country’s anti-corruption campaign to more than …
China’s Fang Xinghai Probe Puts Finance Discipline Cases at 400
China’s investigation into former securities regulator Fang Xinghai has pushed the number of financial-sector officials and executives ensnared in the country’s anti-corruption campaign to more than …
China’s PBOC to conduct overnight reverse repos, inject a total of 2.1 trillion yuan
SHANGHAI, July 24 (Reuters) – China’s central bank said on Friday it would conduct overnight reverse repo operations via the open market from July 29 to 31 and on August 3 to better meet short-term…
OpenLux: How Luxembourg became China’s financial gateway to Europe
Beijing has used Luxembourg to invest tens of billions of euros on a massive scale. By acquiring leading technology companies and strategic real estate, it has woven a network that challenges European …
China’s Central Bank Adds CNY800 Billion Net Liquidity in July, Ending Four-Month Drain
The People’s Bank of China has added a net CNY800 billion (USD118.12 billion) of liquidity into the market this month, ending four straight months of net withdrawals. The bank carried out a CNY500 …
China places former deputy of top financial regulator under investigation
Fang Xinghai, former vice-chairman of the China Securities Regulatory Commission, is undergoing a disciplinary probe, according to state media reports China has placed one of its top former financial …
CHINA YUCHAI INTERNATIONAL TO ANNOUNCE UNAUDITED 2026 FIRST-HALF FINANCIAL RESULTS ON AUGUST 7, 2026
China Yuchai International Limited (NYSE: CYD) (“China Yuchai International” or the “Company”), announced today that it will be releasing its 2026 unaudited first-half financial results on Friday, …
China places former deputy chief of securities regulator under investigation
BEIJING, July 24 (Reuters) – China’s anti-graft watchdog has started investigating Fang Xinghai, a former vice chairman of the China Securities Regulatory Commission (CSRC), as Beijing widens its …
China to lose World Bank borrower benefits by 2031: How Beijing shifts from borrower to lender
The World Bank will phase out lending to China by 2031, marking Beijing’s shift from a major borrower to an increasingly important global lender and development finance contributor …
World Bank confirms plan to phase out China lending by 2031
The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organization’s new country partnership framework (CPF) for the world’s second-largest …
China to conduct 500b-yuan MLF operation to sustain banking liquidity
BEIJING – The People’s Bank of China on Thursday announced that it will carry out a 500-billion-yuan ($73.6 billion) one-year medium-term lending facility (MLF) operation on Friday, aiming to maintain …
Trump DOJ probing Harvard over ‘China-based’ financial aid programs
The Department of Justice said Monday it has opened a review into Harvard University‘s alleged China-linked financial aid programs to determine whether they unlawfully discriminate against students …
