BEIJING • People’s Bank of China (PBOC) governor Zhou Xiaochuan made a fresh call to open up the country’s financial sector, and warned that reform will become more difficult if the window of opportunity is…
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Chinese central-bank chief talks of reforms aimed at lifting yuan’s status
Once missed, the cost of reform will be higher in the future,” said Zhou Xiaochuan, the governor of the People’s Bank of China … China’s leadership — Zhou’s comments suggest Beijing would be more proactive…
West Bank Blues: Palestine’s Interpol Membership Rattles Israeli Media
AP Photo/ Interpol In this photo provided by Interpol, a Palestinian delegate receives the INTERPOL flag from the president of the International Criminal Police Organization Meng Hongwei second right, during the Interpol General Assembly, in…
China forms closer ties with Luxembourg to help finance Belt & Road
IN LATE September Luxembourg’s minister of finance Pierre Gramegna was in China for meetings with officials including minister of finance Xiao Jie, and governor Zhou Xiaochuan of the People’s Bank of China. Gramegna headed a…
PIMCO: China’s upcoming People’s Congress could have big economic impacts
China’s specific 2018 policy objectives will be set by the new leadership closer to year-end at the annual Central Economic Work Conference. We expect that economic policy in the coming year will be a continuation…
CreditEase Hosted FinTech Themed 2017 Silicon Valley – Beijing Dialogue Conference in San Francisco
SAN FRANCISCO, Oct. 10, 2017 /PRNewswire/ — CreditEase, a Beijing-based financial technology conglomerate with a robust online platform and a broad offline network, announced it recently hosted a FinTech conference, “2017 Silicon Valley – Beijing…
China central bank boss calls for reform amid party congress countdown
BEIJING (BLOOMBERG) – People’s Bank of China Governor Zhou Xiaochuan made a fresh call to open up the nation’s financial sector, and warned that reform will become more difficult if the window of opportunity is…
Prospects for China, South Korea central bank FX swap renewal look positive: source
SEOUL (Reuters) – The central banks of China and South Korea appear to be on track to extend a $56 billion currency swap deal that expires on Tuesday, a senior South Korean source said, describing…
China Central Bank Boss Calls for Reform Amid Congress Countdown
People’s Bank of China Governor Zhou Xiaochuan made a fresh call to open up the nation’s financial sector, and warned that reform will become more difficult if the window of opportunity is missed. In an…
China Lodging Group, Limited (HTHT) Shares Bought by Principal Financial Group Inc.
Principal Financial Group Inc. boosted its holdings in China Lodging Group, Limited (NASDAQ:HTHT) by 65.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional…
China Minsheng Financial Holdg Corp Ltd (0245) Dipped -2.3% on Oct 10
Shares of China Minsheng Financial Holdg Corp Ltd (HKG:0245) last traded at 0.425, representing a move of -2.3%, or -0.01 per share, on volume of 1.42 million shares. After opening the trading day at 0.44,…
Chart of the day: The growth of non-financial debt
China’s recipe for corporate deleveraging can be described as a policy-guided shift in debt mix, according to a recent report by S&P Global Ratings. While debt leverage in the corporate segment may have largely stabilised,…
China’s services sector growth at 21-month low, blurs picture of resilient economy
Activity in China’s services sector grew at its slowest pace in 21 months in September as new orders cooled, a private survey showed, blurring the picture of how the economy is performing heading into a…