China’s consumer prices rose at a faster-than-expected rate in July, while producer deflation persisted, as Beijing ramps up support for its frail consumer sector in the face of a sputtering economic …
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China’s State-backed banks under fire over alleged market manipulation in bond trading
The National Association of Financial Market Institutional Investors said in a statement on Wednesday the banks – all based in eastern Jiangsu province – “were suspected of manipulating prices and …
China state-backed banks named and shamed for manipulating prices as bond rally takes toll
The central bank is seen trying to counteract forces suppressing Chinese bond yields. But in the absence of monetary tightening, a ‘short-term pause’ to the rally may be the best outcome.
China ramps up fight against record bond rally as targets widen
China widened its battleground against bond speculators, targeting everything from fund companies to rural banks to one of traders’ favorite parts of the debt market.Most Read from BloombergAfrica’s R …
Russia And China Plan Barter Trading To Dodge US Banking Surveillance: Report
The governments of Russia and China are reportedly planning to initiate barter trading systems. This move is seen as an effort to avoid banking systems that are under the surveillance of the United …
Taiwan July exports misses forecasts on weak China demand, but U.S. soars
Taiwan’s exports rose less than expected in July as weak demand from China offset record orders from the United States which underscored the island’s essential role as a supply hub for the booming …
Facing budget crunches, Chinese tax collectors descend on companies
Finance Minister Li Fo’an told the official Xinhua News Agency … senior fellow at the Peterson Institute for International Economics. Beijing has been reluctant to rescue struggling local …
China’s central bank conducts reverse repos Thursday
BEIJING, Aug. 8 (Xinhua) — China’s central bank conducted 7.1 billion yuan (about 993.6 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.7 percent Thursday. The move aims to …
China’s last boomtowns show rapid growth is still possible
Perhaps, as Yueqing demonstrates, the best way it can assist China’s firms is by doing less. For more expert analysis of the biggest stories in economics, finance and markets, sign up to …
China’s Big Banks Rush to Issue Debt to Plug $224 Billion Gap
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
Beijing Review: A Tapestry of Civilizations
BEIJING, Aug. 7, 2024 /PRNewswire/ — In March 2019, Chinese President Xi Jinping received the original French version of An Introduction to The Analects of Confucius, published in 1688, from his …
China, Saudi, UAE Agree To Roll Over Pak’s $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan’s $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout …
Beijing’s top man on Hong Kong says Xi Jinping’s letter ‘a call to action’ for business sector
In a rare move, Xi Jinping wrote a letter replying to Hong Kong business leaders who are descendants of pioneering Ningbo-born entrepreneurs in the city …
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