Banks and financial service companies in China are recruiting more educated and tech-literate personnel for their debt collections, a reflection of new rules that have professionalised the industry.
Tagged By finance
China’s central bank moves to address bond frenzy
China’s central bank plans to intervene directly in bond markets in a sign of officials’ growing discomfort with a rally that has pushed borrowing costs to the lowest level in two decades. The …
China to borrow treasury bonds from primary market to keep yields stable
China’s central bank, concerned about a decline in long-term bond yields, will borrow treasury bonds from primary market traders to maintain liquidity in the market.
China’s Central Bank Could Embrace Federal Reserve Model In A Major Reform Under Governor Pan Gongsheng
The People’s Bank of China is contemplating a major overhaul of its monetary policy, aligning it more closely with the U.S. Federal Reserve’s model. What Happened: PBOC Governor Pan Gongsheng has …
China’s twin PMI figures reveal mixed economic health
China’s manufacturing PMIs for June painted a mixed picture for the world’s second-largest economy, prompting calls for additional stimulus.
Why China’s Central Bank Could Become More Like the Fed
(Bloomberg) — A bold step forward looms in the decades-long reform of how China conducts monetary policy, with Governor Pan Gongsheng leading the central bank to explore changes that would move it …
China’s AI Startups Head to Singapore in a Bid for Global Growth
(Bloomberg) — When Wu Cunsong and Chen Binghui founded their artificial intelligence startup two years ago in Hangzhou, China, they quickly ran into obstacles, including dearth of venture capital.
The People’s Bank of China Is Taking a Stand. Investors Should Keep an Eye on Chinese Stocks.
That, combined with geopolitical tensions and an ongoing U.S.-China trade war, made it even harder for the Chinese economy to recover. But we are now four years into this. And the People’s Bank of …
3 China Stocks to Buy on the Dip: June 2024
Here are three China stocks to buy based on my analysis. Source: zhu difeng / Shutterstock.com Alibaba Group Holding (NYSE:BABA) is a Chinese multinational conglomerate specializing in e-commerce, …
Dhaka looks to Beijing for fresh loans
Talks on Chinese loan proposals will be at the fore during Prime Minister Sheikh Hasina’s upcoming visit to Beijing. During her visit … to loans for a number of large projects, said a finance …
China unveils plan to boost development of technology finance
China has unveiled a plan to boost the development of science and technology finance amid efforts to support technological innovation. The country will take targeted measures to support major national …
China Market Update: What’s On The Horizon For China Stocks, Week In Review
After a nearly 40% rise into overbought territory, China growth stocks have fallen -15%. After the challenging three years, this pullback feels a lot worse to me. There are positives on the horizon, …
China issues plan to support science and technology finance
China will support banking financial institutions to build an exclusive organisational structure and risk control mechanism for science and technology finance, the People’s Bank of China (PBOC) said …
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