China’s top regulators are signaling that they’re not about to go soft on overseeing the nation’s $40 trillion financial industry, even as an economic slowdown gives them reason to relax their campaig… ( read original…
Tagged By finance
Beijing is more worried about domestic issues than its trade war with Washington, research firm says
The elevation in trade tensions between the U.S. and China may have dominated headlines in recent months, but a tariff war is not the most pressing concern for Beijing, according to one research firm. ……
China’s monetary policy is complex and shifting. Here’s what you need to know
China’s central bank, the People’s Bank of China, doesn’t have a single primary monetary policy tool like the U.S. Federal Reserve. The PBOC instead uses multiple methods to control money supply and i… ( read…
China should not reopen the spigot of easy money
In 2009 China launched probably the biggest ever peacetime stimulus, issuing debt to fund an investment programme amounting to 12.5 per cent of gross domestic product. It aimed to offset the impact of … (…
China Biologic Reports Financial Results for the Second Quarter of 2018
— 2Q18 Total Sales Up 25.5% YoY and Non-GAAP Adjusted Net Income Down 2.8% YoY in RMB terms, or Total Sales Up 34.8% YoY to $120.4 Million and Net Income Down 7.7% YoY to $28.6…
China says it will retaliate with tariffs on $60 billion in US goods
China’s Ministry of Finance also released a statement to the same effect. Here is a corrected Google translation of the statement: A spokesperson of the Ministry of Commerce made a statement on China’ … (…
China announces $60B of US goods for tariff retaliation
BEIJING — China on Friday announced a $60 billion list of U.S. goods including coffee, honey and industrial chemicals for retaliation if Washington goes ahead with its latest tariff threat. The Financ… ( read original…
Kudlow Says Trump Won’t Back Off as China Expands Trade War
analyst at the Bank of China’s Institute of International Finance in Beijing. “Any talks in the future, should they happen, should be conducted on an equal and faithful basis.” Story Continues Beijing … ( read…
The Finance 202: Trump team ramps up China trade fight on currency claims
Robin Brooks, chief economist at the Institute of International Finance, tells me he is “strongly of the … Erica Werner (@ericawerner) August 2, 2018 Talks between Washington and Beijing have stalle… ( read original story…
China says it wants to resolve differences with U.S. ‘on equal footing’
SINGAPORE (Reuters) – China is willing to resolve differences with the United States on an equal footing, the Chinese government’s top diplomat said on Friday after meeting U.S. Secretary of State Mik… ( read original…
China’s Didi, Ant Financial weigh joint $2 billion Ofo buyout: source
HONG KONG (Reuters) – Chinese ride-hailing giant Didi Chuxing and Alibaba’s (BABA.N) Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 ……
China’s Didi, Ant Financial weigh joint $2 bln Ofo buyout -source
Chinese ride-hailing giant Didi Chuxing and Alibaba’s Ant Financial are in talks with bike-sharing startup … Load Error A deal would mark the latest stage of consolidation in China’s once-booming bi… ( read original story…
China’s indebted conglomerates pile into anti-poverty push
The amounts of money being pledged are unlikely to affect the companies’ financial positions materially … Property developer Evergrande, one of China’s most indebted companies, whose bonds are rated … ( read original story …)
