Chinese banks extended 1.22 trillion yuan ($189.51 billion) in new yuan loans in August, up from July but falling short of analysts’ expectations as markets debate over whether more stimulus is needed …
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China launches wealth management product pilots for retirement in four cities
China’s banking and insurance regulator said on Friday it will launch wealth management product pilots in four cities aimed at retail investors looking to boost their retirement savings.
China stocks rise after Sino-U.S. ‘candid’ talks; Hong Kong gains
China stocks rose on Friday after U.S. President Joe Biden and his Chinese counterpart Xi Jinping’s “candid” conversation, with Hong Kong shares gaining after a rebound in tech companies.
Why Beijing Wants BlackRock but Not Capitalism
Economists know China needs financial reform, but the Party won’t loosen political control.
China Development Bank vice-president detained in corruption probe
He Xingxiang is the third senior CDB executive to face a corruption probe during President Xi Jinping’s anti-corruption drive.
China’s Central Bank Turns to Niche Policy Tool to Boost Growth
China’s central bank is increasingly making use of one of its lesser known monetary policy tools to support the economy, a move that analysts say suggests less need for broad policy action like …
44 China ETFs Ranked For 2021
All three stocks were down more than 40% from their 2021 highs as recently as a couple weeks ago. China ETFs have also taken a beating. MCHI is still roughly 25% off of its earlier…
Minerals, drugs and China: How the Taliban might finance their new Afghan government
Afghanistan relies on informal money changers more than banks. AP Photo/Massoud HossainiNow that the Taliban have reportedly taken full control of Afghanistan and begun forming a government, a looming …
China probes top bank VP for ‘severe law violations’
BEIJING: China’s top graft buster is investigating He Xingxiang, vice-president of China Development Bank (CDB), in the latest investigations into top officials at state-owned financial institutions.
BlackRock-Soros Feud Is a Microcosm of Wall Street’s China Dilemma
BlackRock is making a big bet on the hunger of China’s individual investors for professional asset management—and on the fraught politics of the U.S.-China relationship.
China probes vice president of China Development Bank for suspected discipline and law violations
China’s top graft buster is investigating He Xingxiang, Vice President of China Development Bank (CDB), in the latest of a series of investigations into top officials at state-owned financial …
Pressure on China’s Larger Banks Is Easing
The latest stress test on Chinese banks shows that capital pressure on large and medium-sized banks is easing as th …
Greater Bay Area: Beijing officials join with representatives from Hong Kong, Macau to tout Qianhai expansion plan
Senior Beijing officials and representatives from across the Greater Bay Area are holding a rare joint press conference touting the central government’s latest plan to vastly expand the Qianhai …
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