China’s latest move to boost lending to the economy’s weakest links highlights the tightrope the central bank is walking to both shore up growth and cut leverage, according to analysts. On the eve of the…
Tagged By finance
Accelerating fintech in China
Joshua Bateman is based in Greater China and covers finance, entrepreneurship, technology, consumption trends, agriculture, gaming, sports and art. More posts by this contributor: Banking the unbanked in emerging markets Fintech is stimulating Chinese ……
Industrial Bank set ups inclusive finance department to bolster small business lending
Beijing has been eager to steer lending and financial services from big companies to smaller business and underprivileged consumers as part of a broader aim to shore up the economy. The People’s Bank of China…
A report coauthored by a People’s Bank of China researcher says China’s economy is about to hit a wall
China’s economy may soon start feeling some negative payback for stimulus policies that have helped growth to rebound but at the cost of rising corporate debt levels, according to a new paper from the Federal…
China’s central bank chief makes reform appeal: please free up the yuan
China must press on with a “trinity” of reforms to fully realise an open economy, Zhou Xiaochuan, the country’s central bank chief for the last decade-and-a-half, told influential financial magazine Caijing in what could be…
A report co-authored by a People’s Bank of China researcher says China’s economy is about to hit a wall
China’s economy may soon start feeling some negative payback for stimulus policies that have helped growth to rebound but at the cost of rising corporate debt levels, according to a new paper from the Federal…
China’s central bank could adjust policy again
The People’s Bank of China (PBOC) headquarters in Beijing, China. Photographer: Qilai Shen/Bloomberg China’s central bank could adjust monetary policy again in the coming months, in response to changes in the economy or the shifting…
Quick Take: China’s Weakest Province Will Have Its First Privately Owned Bank
China is trying to leverage private capital to revive the worst-performing provincial-level economy. On Monday, Liaoning Zhenxing Bank Co. Ltd. won approval to operate as the first privately owned bank in the northeastern province, the…
‘Reasonable, legal and rational’: Legislature’s Finance Committee chief defends plan to change meeting rules
Pro-Beijing lawmaker Chan Kin-por has defended his proposed initiative to curb filibustering at the Legislative Council’s Finance Committee. Chan, who chairs the committee, said he has prepared documents to enact “chairman directives” to cut short…
London Finance Show: China ‘another growth opportunity waiting to happen’
Tim Harrison, head of wealth management at Linear Investments, says investors should switch their focus to China if the US starts to slow down. “It looks as though China is starting to gather pace. It…
Bank of Montreal, CaixaBank, Commerzbank, Erste Group, IBM and UBS Collaborate to Advance an Open, Blockchain-based Trade Finance Platform
The Bank of Montreal (BMO), CaixaBank … Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester … ( read…
Sino-Japanese thaw: Beijing expects concessions
hand-carried to Beijing by Nikai Toshihiro, secretary general of the Liberal Democratic Party. In the letter, Abe expressed interest in joining the Asian Infrastructure Investment Bank. Japan and the US are the only two major…
Shanghai Shares Rise as China Markets Reopen; Banks Lead Advance
The Shanghai Composite Index gained 1.1 percent to 3,386.47 at 9:57 a.m. local time. Industrial & Commercial Bank of China Ltd. advanced 2.8 percent after the central bank said it will reduce the amount of…
