That followed an annual financial dialogue led by German Finance Minister Olaf Scholz and China’s economy czar, Vice Premier Liu He. The initiatives reflect Beijing’s determination to make its state-d… ( read original story …)
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Germany, China pledge to open markets, deepen financial cooperation
BEIJING (Reuters) – Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen cooperation t… ( read original story …)
China, German promise closer financial cooperation
That followed a regular annual meeting between German’s finance minister and China’s economy czar. The initiatives reflect Beijing’s determination to press ahead with changes aimed at making its state … ( read original story …)
China, Germany to boost financial sector cooperation
China and Germany on Friday signed a series of agreements to strengthen cooperation in banking and financial sector supervision, as Beijing moves to open up the country’s financial markets. The agreem… ( read original story…
BEIJING | China, German promise closer financial cooperation
BEIJING—Jan 18, 2019—China and Germany promised Friday to open their markets wider to each other’s banks and insurers, giving Beijing a burst of positive trade news amid conflicts with Washington and … ( read original…
Bank of China gets first approval of issuing perpetual bonds
BEIJING, Jan. 17 (Xinhua) — China’s top banking watchdog on Thursday gave the Bank of China (BOC) the first approval of issuing perpetual bonds by commercial banks. The BOC will be allowed to issue b……
Germany, China pledge to deepen pragmatic financial cooperation
BEIJING (Reuters) – Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen their pragmat… ( read original story …)
Germany, China to sign pacts during finance minister’s Beijing visit
BEIJING (Reuters) – Germany welcomes progress in cooperation with China, especially in the financial sector, and aims to spur further development, its finance minister, Olaf Scholz, said in Beijing on … ( read original story…
China Injects Record $83 Billion to Counter Economic Decline
China’s economy is facing some of its toughest challenges in years. On Wednesday, a day after several Chinese government institutions vowed further stimulus to aid its financial sector, the People’s B… ( read original story…
Germany pushes China to open its financial sector
BEIJING (Reuters) – Germany and China are working on ways to improve market access for each other’s banks and insurers, the German finance minister said on Thursday, and he welcomed plans by China and ……
U.S. Farm Credit CEOs see more financial pain if no China trade deal
WASHINGTON, Jan 16 (Reuters) – Lenders supporting tens of thousands of American farmers on Wednesday warned White House officials that 2019 could cause more producers financial losses if the trade dis… ( read original story…
China central bank’s record $83 billion injection heightens worries over ailing economy
SHANGHAI (Reuters) – China’s central bank injected a record $83 billion into the country’s financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakenin… ( read original…
China just injected a record amount of money to stimulate its economy
China’s central bank on Wednesday pumped a net 560 billion yuan ($83 billion) into its banking system — a record amount of money injected in one day — in a sign that the economy may…