“Irrespective of the funding source, less concessional and more commercially oriented types of official finance do not boost economic growth.” China’s secrecy on foreign aid is partly because of “domestic politics,” says Mathieu Duchatel, senior…
Tagged By finance
China moving forward with sale of US dollar denominated bonds
China is moving forward with plans to issue its first sovereign bonds in dollars since 2004 in a deal that will put a symbolic seal of approval on the booming offshore Asian debt market. The…
Turf wars and risk aversion: China’s pro-market central bank boss ‘leaves note’ to next generation
Those stumbling blocks included the central bank’s role as a unit within the cabinet … Zhang Ming, a senior researcher with the Chinese Academy of Social Sciences, said Beijing’s political goal of ensuring financial stability…
(Chinese aid) Beijing’s lending remains unreported
“AidData is the most comprehensive source of information on China’s lending for development projects,” said David Dollar, an economist at the Brookings Institution in Washington and former World Bank country director in Beijing, in an…
China’s plan for a soft landing hinges on bank lending
The People’s Bank of China (PBOC) answered the call of the State Council … Significantly easing policy at this juncture could mislead the market into thinking that Beijing is concerned about the economic outlook. 2)…
China to Flex its Market Muscle With First Dollar Bond Since ’04
China is moving forward with plans to issue its first sovereign bonds in dollars since 2004 in a deal that will put a symbolic seal of approval on the booming offshore Asian debt market. The…
China Spotlight: As National Congress Approaches, Issues for MNCs to Watch
The resulting decisions will likely impact financial and monetary policy as well as broader regulatory trends that shape economic growth, the business environment for multinational companies (MNCs) doing business in China, and China’s projection into…
No Vacancies: Airbnb shutters Beijing rentals ahead of Party Congress
BEIJING (Reuters) – U.S. short-term rental service Airbnb Inc has removed listings in Beijing as the capital prepares to host a five-yearly Party Congress later this month, the most important event on China’s political calendar…
China’s $37 Trillion Problem
According to new data, china’s shadow Banking is now a $37 trillion problem. The global economy is currently in the middle of a period of strength. Business optimism is strong, and most regions are showing…
U.S. Treasury dashes hopes for near-term World Bank capital hike
China is the World Bank Group’s third-largest shareholder, with 4.77 percent of voting power. But China also controls 28.7 percent of the new Beijing-based Asian Infrastructure Investment Bank, which has $20 billion in paid-in capital,…
Is funding drying up for China’s internet finance on tighter scrutiny?
Chinese online lending platforms mostly declined on Wednesday morning in the A-share market, after data showed that the amount of funds raised for China’s internet finance platforms fell for a third straight month in September…
China appoints new top graft-busters at key financial regulators
BEIJING (Reuters) – China’s Communist Party has named new top officials to lead anti-corruption agencies at the country’s banking and insurance regulators as it makes final preparations for a twice-a-decade party congress later this month.…
China Debt-for-Equity Swaps Turn Out More Like Debt-for-Debt
In last month’s operation, Shaanxi Financial Asset Management Co. sold 500 million yuan ($76 million) in six-year bonds in a private placement, China Lianhe Credit Rating said in a Sept. 26 report. The Shaanxi provincial…