China will start selling an initial batch of long-dated bonds this week, the Ministry of Finance announced Monday, as Beijing looks to increase support for the world’s second-largest economy.
Tagged By finance
China Kicks off Ultra-Long Debt Sale in Bid to Boost Economy
China plans to start selling the first batch of its 1 trillion yuan ($138 billion) of ultra-long special sovereign bonds on Friday as it seeks to raise funds to support the world’s second-biggest …
China’s yuan drops to 2-week low on weak credit growth, US tariff threat
SHANGHAI: China’s yuan slipped to a two-week low against the dollar as weak domestic credit data reinforced the …
RPT-UPDATE 2-China new bank loans fall more than expected in April
New bank lending in China fell more than expected in April from the previous month while broad credit growth hit a record low, the central bank revealed on Saturday, raising the prospect of more …
High-standard financial opening-up planned
“We will continue to stick to the principles of coordinating financial opening-up and security to push forward high-standard opening-up in the industry,” said the official, a bureau head of the …
China to nurture stock rally by masking live foreign flows data
In an attempt to limit the impact of data showing foreign funds selling on market sentiment, Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local …
The US-China rivalry will reshape the landscape for Big Tech earnings
Geopolitical conflict and a “tit for tat” rivalry between US and China is a risk to future tech-earnings growth, sources told BI.
China’s ICBC to kick off TLAC bond sales with issuance of $4.15 bln
Industrial and Commercial Bank of China , said it would issue 30 billion yuan ($4.15 billion) worth of total loss-absorbing capacity (TLAC) bonds on May 15, marking the first issuance of such bonds by …
China-Middle East link is creating an ‘untapped world’ of investment potential, MSCI director says
Two regions can revitalise historical connections through financial collaboration, but more understanding is needed, says a director with index provider MSCI.
How China’s latest government overhaul is shaping up, and what it says about the Communist Party’s priorities
New bodies dedicated to issues such as financial risk and social stability are being established at a central and local level.
Biden administration set to announce new tariffs on electric vehicles from China
The White House is set to announce new China tariffs as soon as next week, with a levy on electric vehicles and other clean energy goods. The full announcement is expected on Tuesday and will…
China new bank loans fall more than expected in April to 730 bn yuan
Chinese banks extended 730 billion yuan ($101 billion) in new yuan loans in April, down sharply from 3.09 trillion yuan in March and falling short of analysts’ expectations, according to bank’s data …
China’s Credit Unexpectedly Shrinks in April Amid Weak Demand
China’s credit unexpectedly shrank in April, reflecting weak borrowing demand as the central bank refrained from easing monetary policy.