The regulator added that financial institutions should “effectively promote … People close to Chinese policymakers say that Beijing has low expectations for Mr Wang’s talks this week with US Treasur… ( read original story …)
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China regulator asks financial institutions to support infrastructure investment
BEIJING (Reuters) – China’s banking and insurance regulator has asked financial institutions to give more support to infrastructure investment, import and export firms, and companies experiencing “tem… ( read original story …)
Financial sector to be opened further
made the remarks on Friday during the Shanghai-based China Financial Futures Exchange’s launch of two-year treasury bond futures. The treasury bond future contracts are agreements allowing investors t… ( read original story …)
China orders bad-loan managers to help failing P2P lenders
China’s banking regulator has instructed the country’s four state-owned bad loan managers to deal with failing peer-to-peer lending platforms, a sign of Beijing’s concern about possible financial and … ( read original story …)
China orders bad debt managers to help failing P2P lenders
China’s banking regulator has instructed the country’s four state-owned bad loan managers to deal with failing peer-to-peer lending platforms, a sign of Beijing’s concern about possible financial and … ( read original story …)
This is how China controls its currency
Another reason is stability. China escaped the worst of the Asian Financial Crisis in the late 1990s, which battered the currencies of nearby countries, because it was largely shut off to foreign inve… ( read…
China wants to build robots to overtake its rivals — but it’s not there yet
China’s affinity for robots has created a booming industry, but its companies aren’t overtaking their global competitors, a senior partner at consulting firm McKinsey & Company told CNBC. A decade ago … ( read original…
Google CEO: We’re ‘not close’ to launching search in China
At an internal meeting on Thursday, Google CEO Sundar Pichai expressed interest in continuing to expand the company’s services in China , but told employees that the company was “not close” to launchi… ( read…
This is China’s most dangerous trade-war weapon
Americans, in various forms, own the other 70%. Still, an unexpected selloff of China’s Treasury holdings would undoubtedly rattle financial markets. “If China sells U.S. Treasuries as part of its res… ( read original story…
China to send vice-ministerial trade delegation to US
China, in return, is attempting to appeal to Wall Street and US companies by rolling out long-sought investment liberalisation measures, especially in the financial services sector. It has pointedly p… ( read original story …)
China’s finance ministry goes back to old playbook with move to spur bond sales
China is expected to see a bond-selling spree after the finance ministry asked local governments to issue bonds as soon as possible as it tries to boost growth, a move that will push lenders to…
Exclusive: China central bank bars some offshore lending in latest move to support yuan
The move comes as nervous global financial markets wait to see how much further China will allow the yuan to fall, after it weakened against the dollar for nine straight weeks, reviving memories of it……
Exclusive: China central bank bans some offshore yuan deposits and lending via FTZ scheme – sources
SHANGHAI (Reuters) – China’s central bank has restricted commercial banks from using some interbank accounts to deposit or lend yuan offshore through free trade zone schemes, two sources with direct k… ( read original story…
