At the policy meeting held in Beijing on June 25, the central bank said it was necessary to strengthen the implementation of existing monetary policy, maintain a reasonable supply of liquidity, guide …
Tagged By finance
Beijing Review: Fairness Reigns
Chinese President Xi Jinping quoted this old Chinese proverb when delivering a keynote speech titled Work Together to Build a Community of Shared Future for Humankind at the United Nations Office at …
China’s central bank stresses implementation of prudent monetary policy
BEIJING, June 28 (Xinhua) — China’s central bank said that this year it had sought progress while giving the stability of macro policies top priority, pursued a prudent monetary policy that is …
China ramps up financial support for SMEs to spur economic vitality
The ICBC and the Bank of China have launched technology finance centers to bolster support for technology-driven SMEs. Apart from bank loans, China also encourages SMEs to take advantage of direct …
S&P Global Ratings’ affirmation on China outlook reflects recognition of China’s economic resilience: finance ministry
A view of the Huangpu River in Shanghai. [Photo/VCG] BEIJING — China’s Ministry of Finance said Thursday that S&P Global Ratings’ report affirming an A+ rating for China sovereigns with a stable …
Bank of New York Mellon sues to liquidate Sino Ocean for US$400 million debt and interest
The Bank of New York Mellon has sued in Hong Kong to liquidate the Beijing developer Sino-Ocean Group, becoming the latest in a string of cases in the city’s courts to push for financial restructuring…
Tencent Rides Hit Game for China’s Biggest Gain in Market Value
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US Export-Import Bank seeks more latitude to counter Belt and Road Initiative
Testifying before a supportive Congressional panel, the agency’s president asks for loosened restrictions to respond to Beijing’s export subsidies and finance The US agency primarily tasked with …
China Market Update: Pullback Before Plenum Could Catalyze Policymakers
Overnight, the dates for the Third Plenum, China’s big economic meeting, were released, starting on July 15 th. Today’s market action should catalyze policymakers to implement monetary policies. Such …
Chinese banks ask staffers to return some of their pay to comply with Beijing’s drive for ‘common prosperity’
Vilified by Beijing as “hedonists” over their lavish lifestyles … a new round of anti-graft inspections of some of its largest state lenders, the central bank and key regulators, the first broad …
China’s financial elite face 2.9 million yuan pay caps, bonus clawbacks
at a time when they are trying to stabilise the world’s second-largest economy and prevent systemic financial risks. The proposed caps mark a drastic shift from the era where companies doled out big …
China’s financial elite face 2.9 million yuan pay caps, bonus clawbacks
at a time when they are trying to stabilise the world’s second-largest economy and prevent systemic financial risks. The proposed caps mark a drastic shift from the era where companies doled out big …
China’s financial elite face $542,000 pay caps, bonus clawbacks
at a time when they are trying to stabilise the world’s second largest economy and prevent systemic financial risks. The proposed caps mark a drastic shift from the era where companies doled out big …
