BEIJING — Chinese Premier Li Keqiang appealed to Washington … duties by appointing himself to lead ruling party bodies that oversee economic reform and finance policy. ( read original story …)
Tagged By finance
China’s oil futures: frazzle or dazzle for foreign traders?
It’s all very different.” So far, China has opened more than 6,000 trading accounts, including the country’s oil majors and about 150 brokerages. Ten foreign intermediaries have registered, including J.P.Morgan, Bands Financial, Straits Financial Services…
China paper says Beijing should prepare for military action over Taiwan
A widely read Chinese state-run newspaper said on Thursday China should prepare for military action over self-ruled Taiwan, and pressure Washington over cooperation on North Korea, after the United States passed a law to boost…
China raises a key market interest rate, following Fed’s move
SHANGHAI (Reuters) – China gingerly raised a key short-term interest rate on Thursday following the U.S. Federal Reserve Bank’s move overnight, in a symbolic reminder that Beijing is keeping an eye on global market trends…
China names financial heavyweight Guo to head new banking, insurance regulator
BEIJING (Reuters) – Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Financial News, the official newspaper of the central bank, said in…
China names CBRC chief Guo as head of new banking, insurance regulator: Caixin
BEIJING (Reuters) – China has named Guo Shuqing as the head of the newly formed regulator for the banking and insurance sectors, financial publication Caixin reported on Wednesday without citing a direct source. Guo had…
How one reporter’s question in Beijing led to demands for a US investigation
It all started with a video that quickly went viral. And now that video has sparked an online petition in the United States to investigate a California news outlet’s links to Beijing. Two Chinese television…
China will push ahead ‘resolutely’ with financial sector fight, says Li Keqiang
China said it will continue to “resolutely” tackle financial irregularities, after several officials and tycoons were punished last year in a crackdown on market manipulators and fraud. “Some unlawful and [risky] conduct has been making…
China is not after ‘trophy-type’ investments, economist says
Prudence, on the other hand, is what China is aiming for, he said. This comes as China committed to financial reforms in an annual work report. Delegates of the National People’s Congress have voiced the…
US tariffs, China trade tensions overshadow G20 finance meeting
Malpass told an Institute of International Finance forum in Buenos Aires that countries were increasingly concerned by Beijing’s move away from market liberalization, its reliance on state subsidies and its use of restrictive investment policies.…
Yi Gang Picked to Take Helm of People’s Bank of China
BEIJING—President Xi Jinping has picked an American-trained economist known for pushing pro-market overhauls to run the central bank, according to people with knowledge of the matter, adding to an economic team strong on proponents of…
China’s New Central Banker Is Just as Important as the Fed’s
The announcement on Monday of Yi Gang as the new governor of the People’s Bank of China, China’s central bank, received somewhat less notice. The world should pay more attention. This choice is as important…
Yi Gang named head of People’s Bank of China
His appointment is being seen as an attempt to ensure continuity at the bank as Beijing continues to try and rein in growing debt and limit risky financial practices. He will take over a central…
