(Bloomberg) — The U.S. and China are edging closer to resolving differences on currencies that have bogged down economic talks for nearly two decades. The only question is how meaningful the deal wil… ( read…
Tagged By finance
Central bank taking steps for multilevel capital market
China’s central bank will take further steps to encourage equity financing and facilitate capital market reforms to diversify financing services in the banking sector, a senior official said on 26 Feb… ( read original story…
China to slash taxes, boost lending as it cuts growth forecast
“If you are not sick you will not take so many medicines at one time,” said Iris Pang, Greater China Economist at ING Wholesale Banking. “It means the headwinds have not gone away, they are…
China and US still have work to do but both ‘certain’ deal on opening financial sector can be achieved
China and the United States are “certain” to reach an agreement on opening up the financial sector, China’s top banking regulator said on Tuesday. Guo Shuqing, chairman of the China Banking and Insura… ( read…
UPDATE 1-China’s key financial leverage ratio fell in 2018 – c.bank vice governor
BEIJING, March 5 (Reuters) – China’s ratio of outstanding liabilities to gross domestic product fell in 2018 after rising in previous years, a sign of initial success in the government’s deleveraging … ( read original…
China to slash taxes, boost lending to prop up slowing economy
“If you are not sick you will not take so many medicines at one time,” said Iris Pang, Greater China Economist at ING Wholesale Banking. “It means the headwinds have not gone away, they are…
China says can ‘absolutely’ reach deal with U.S. on financial opening
BEIJING (Reuters) – China can “absolutely” reach an agreement with the United States on opening up its financial sector, China’s top banking regulator said on Tuesday, even as the country’s commerce m… ( read original…
China and US ‘certain’ to reach deal on opening up financial sector
China and the United States are “certain” to reach an agreement on opening up the financial sector, China’s top banking regulator said on Tuesday. Guo Shuqing, chairman of the China Banking and Insura… ( read…
China can ‘absolutely’ reach agreement with U.S. on financial opening, banking regulatory chief says
BEIJING (Reuters) – China can “absolutely” reach an agreement with the United States on opening up its financial sector, China’s top banking regulator Guo Shuqing told reporters on Tuesday on the … ( read original…
UPDATE 1-China can ‘absolutely’ reach deal with U.S. on financial opening
China’s top banking regulator said on Tuesday, even as the country’s commerce minister admitted talks with Washington had been difficult. The two countries have been working to resolve a bitter trade … ( read original…
China to slash taxes, boost lending to shore up slowing economy
The special bond issuance quota for local governments has been set at 2.15 trillion yuan, the finance ministry said in a report on Tuesday, as China ramps up infrastructure investment. This year, the … (…
Ex-New Zealand PM to step down from China Construction Bank unit
Ms Shipley intends to focus on personal and legal matters related to the Mainzeal case and spend more time on her private business and philanthropic interests, the statement said. Ms Shipley served as … (…
JP Morgan Chase Joins Swiss Banks in Looking to Increase China Presence
UBS and Credit Suisse are planning to increase their presence in China, even as CEO Jamie Dimon has vowed to bring JP Morgan Chase into a dominant position in the region. Part of the plan…
