China escalated a battle against investors betting on an extended rally in government bonds, hinting the central bank may sell some of its own holdings to cool the advance. The People’s Bank of China …
Tagged By finance
World Bank finds Chinese company committed violations in Bolivian infrastructure project
China State Construction Engineering Corporation, a key exponent of Beijing’s Belt and Road Initiative, is cited for water pollution and non-compliance with labour laws.
China’s central bank vows to speed up yuan internationalization, high-level financial opening-up
The People’s Bank of China (PBC), the central bank, has vowed to further strengthen coordination between the yuan and foreign currencies and improve basic institutional arrangements for the …
China mulls record fine for PwC over Evergrande auditing, Bloomberg News reports
China is weighing a record fine for PricewaterhouseCoopers LLP (PwC) and suspending some of the auditor’s local operations over its role in auditing troubled property developer China Evergrande Group, …
China’s Central Bank Wraps Up Biggest USD34.5 Billion Reverse Repo Operation in May
(Yicai) May 30 — The People’s Bank of China conducted about CNY250 billion (USD34.5 billion) of seven-day reverse repos, the largest replenishment of liquidity of this kind this month.
China Vanke in Advanced Talks With Banks for $6.9 Billion Loan
China Vanke Co., the Chinese state-backed developer that’s become the latest flashpoint in the nation’s property crisis, is in advanced talks with major banks for a loan of about 50 billion yuan ($6.9 …
Trade With China Is Getting Harder. New Rules Could Hit Tech, Pharma, and Finance.
The latest proposals could further reshape global trade and create ripples not just in technology but also in healthcare and finance.A hearing last week on managing the relationship between the …
China to expand investment and finance cooperation, promote mutually beneficial trade ties with Arab states: Xi
Chinese President Xi Jinping said on Thursday China is ready to expand investment and finance cooperation, enhance a multifaceted framework for energy cooperation and promote a balanced framework for …
Pressure mounts on Beijing to allow renminbi to weaken
Markets are pushing for a weaker yuan to reflect the gap in bond yields with the US — 10-year Treasury yields trade at 4.57 per cent, while 10-year Chinese government bonds offer just 2.3 per…
China to Be Pioneer in Building New Global Financial System
Originally written by Li Xuanmin published 28 May 2024 on Global Times …
Open, candid US-China dialogue ‘more crucial than ever’ and Hong Kong has key role in bay area ties, finance chief Paul Chan says
Officials sign deals to strengthen exchanges on climate issues and bilateral trade between China’s Greater Bay Area and San Francisco Bay Area.
Some Of What Beijing Has Done Verges On The Humorous
Apple prepares to leave China, while Beijing makes ineffectual efforts to substitute for foreign business by reviving consumers spending.
China to be pioneer in building new global financial system: scholars
China will be a pioneer leading the world into a new and innovative financial and monetary system, as global calls for an overhaul of the Bretton Woods system – which has been in place for…
