There are many factors which could hamper economic growth this year, Liu Lei, secretary-general of the Research Center for National Balance Sheet at National Institution for Finance and Development …
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China’s ‘Common Prosperity’ Drive Positive for Wealth Management Industry – UBS
The swelling China onshore wealth has lured foreign firms … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more.
BRI: Have we passed peak China?
“There is definitely evidence of a shift in where finance is going,” adds Chen. “China seems to have a more specific and targeted approach. Its financial institutions are learning, recognising past …
Chinese policy bank increases ecological support in Yellow River
The China Development Bank, one of the country’s primary policy banks, granted 149.6 billion yuan (23.57 billion U.S. dollars) in loans to support ecological protection and high-quality development in …
China’s Inflation Slows, Giving Central Bank Room to Ease Policy
China’s inflation eased in January, providing Beijing with more leeway to shore up the economy ahead of a key political leadership meeting later this year. The producer price index rose 9.1% from a …
Brother of Seoul envoy to Beijing suspended for misselling of funds
South Korea’s financial regulator on Wednesday decided to suspend Jang Ha-won, the chief executive of Discovery Asset Management from his duty, and fine the state-run Industrial Bank of Korea for …
UBS Sees China Private Banking Revenue Pool Hitting $163 Billion
High-net-worth individuals in the world’s most populous nation may have 214 trillion yuan of investable assets by 2030, marking an annual growth of 14% from 2020, May Yan, the bank’s head of Greater …
China to work with Asian neighbours to grow use of local currencies over US dollar in trade, investment
China will work with Asian countries to strengthen the use … which cut demand for the US dollar. Indonesian Finance Minister Sri Mulyani Indrawati said LCS arrangements should be replicated more …
What China means by “high quality” economic growth
Load Error Before attempting to define “high quality” growth, it’s helpful to take stock of what GDP—a measure of economic production and growth—means in China. Michael Pettis, finance professor at …
China’s central bank chief vows support amid ‘weak links’
Governor Yi Gang says China will return to a potential growth rate of between … said in a videotaped speech Wednesday ahead of a meeting of central bank chiefs and finance ministers from the Group…
From Credit Suisse to Goldman Sachs, investment banks say it’s time to buy Chinese stocks
Morgan Stanley, Bank of America and J.P. Morgan Asset Management are neutral on mainland China. BEIJING — More and more international investment analysts say it’s time to buy mainland Chinese stocks, …
China’s inflation slows, giving central bank room to ease
… has scope to cut interest rates and pump liquidity into the financial system People’s Bank of China (PBOC), the central bank, in Beijing, China. A moderation in inflation in recent months has …
Beijing stocks beating US peers on rate worries
On the other hand, economists expect China’s central bank to take further easing measures to spur the economy. “Chinese authorities have recently relaxed rules on property developers, bringing hopes …
