BEIJING – China will stay on course for a proactive fiscal policy and prudent monetary policy in 2018 to foster high-quality development while containing financial risks. “The proactive orientation of fiscal policy will be maintained,…
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Palace banking on China ‘goodwill’
Malacañang on Monday said it was still relying on the “goodwill” of China after a newspaper in the mainland reported that China had “accelerated and enhanced its military presence” in the South China Sea. It…
What Is China Finance Online Co Limited’s (NASDAQ:JRJC) Financial Position?
China Finance Online Co Limited (NASDAQ:JRJC), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is JRJC will have to…
China’s appetite for lithium on display in Canadian takeover
China already has more electric vehicles on its roads than … will reach $42.9 billion this year and hit $103.2 billion by 2026. Bassam Moubarak, chief financial officer of Lithium X, credited his company’s 29-year-old…
Economic Watch: China’s 2018 fiscal, monetary policies aim for high-quality development
BEIJING, Dec. 25 (Xinhua) — China will stay on course for a proactive fiscal policy and prudent monetary policy in 2018 to foster high-quality development while containing financial risks. “The proactive orientation of fiscal policy…
Central bank suspends open market operations on fiscal spending increase
BEIJING, Dec. 25 (Xinhua) — China’s central bank suspended open market operations on Monday due to a fiscal spending increase near the year end. The rising fiscal spending near end of the year is sufficient…
Why China’s Big Step on Carbon Isn’t Bigger Still
China is looking to financial markets to help restrain its emissions of greenhouse gases. It surpassed the U.S. as the world’s biggest polluter more than a decade ago and now is building what will become…
PBOC Official Argues a Detroit-Like Bankruptcy May Benefit China
A Chinese central bank official said China should allow local governments to go bankrupt to help rein in regional authorities’ excessive borrowing. A case like the bankruptcy of Detroit would convince investors that the central…
China needs Detroit-style bankruptcy as debt problems remain – central bank official
China needs to let local governments take responsibility for their finances, including allowing bankruptcies, as part of an effort to defuse their debt risks, a central bank official wrote on Monday. Central government control of…
China’s central bank says will skip OMOs on Monday
SHANGHAI (Reuters) – China’s central bank said it will skip open market operations on Monday. On a net basis, the People’s Bank of China (PBOC) will drain 120 billion yuan ($18.25 billion) from the money…
6 Reasons You Should Own at Least One China Internet Stock
Many investors avoid owning stocks in China due to the greater than average risk. They cite many reasons, including the difficulty verifying information, the potential for fraud, and Chinese government interference as reasons to stay…
Curbing financial risks still a priority for China
A teller counts money at a bank in Taiyuan, capital of North China’s Shanxi province. [Photo/China News Service] BEIJING – When China’s top leaders emphasized efforts to control financial risks last year, few expected policymakers…
World’s largest amphibious aircraft makes maiden flight in China
BEIJING (Reuters) – China’s domestically developed AG600, the world’s largest amphibious aircraft, performed its maiden flight on Sunday from an airport on the shores of the South China Sea, the latest step in a military…
