After China’s property market implosion, there are growing fears its banking and financial system may be impacted too. It’s further proof that China’s economy is unravelling at a pace previously …
Tagged By finance
US Chamber of Commerce chief visiting China this week, spokesperson says
Meetings between U.S. Treasury and Chinese financial officials in Beijing in January concluded … that Treasury Secretary Janet Yellen looked forward to a return visit to China at an “appropriate …
Beijing attaches ‘great importance’ to Hong Kong as country’s global finance hub, Xia Baolong tells local regulators
Treasury minister Christopher Hui says Xia Baolong, Beijing’s point man for Hong Kong affairs, also called for greater focus on city’s offshore renminbi market Xia also used meeting with finance …
Chinese investment bank joins chorus of experts as calls for fiscal stimulus intensify
In a recent research report, China International Capital Corporation determined a direct fiscal stimulus is the best course of action for economic growth this year, after several rounds of credit …
Beijing attaches ‘great importance’ to Hong Kong as country’s global financial hub, Xia Baolong tells local regulators
Treasury minister Christopher Hui says Xia Baolong, Beijing’s point man for Hong Kong affairs, also called for greater focus on city’s offshore renminbi market.
Jack Ma vs. Ken Griffin: Ant Group outbids Citadel for the remains of Credit Suisse’s China investment bank venture
The bid from Ant Group for Credit Suisse’s investment bank in China will likely be scrutinized closely by Beijing. CFOTO—Future Publishing via Getty Images Ant Group Co. outbid Citadel Securities LLC …
China Is Stockpiling for the Next Phase of the Chip Wars
Ahead of real conflicts, countries stockpile ammunition and fuel. Chinese companies are busy stockpiling chip-making equipment parts. That has brought huge bounty to Western and Japanese vendors—but …
China’s latest market crackdown shows it hasn’t learned any lessons
China isn’t the first to curb stock market activities — the US also cracked down on short-selling during the 2008 financial crisis. But Beijing’s already heavy-handed oversight over much of the …
China State Firm Sells Bonds to Help Fund LGFV in Rare Move
A state-owned firm in China’s Guizhou province is selling bonds to help repay debt issued by a local government financing vehicle, a rare move that highlights the region’s liquidity strains.Most Read …
Beijing attaches ‘great importance’ to Hong Kong as country’s global finance hub, Xia Baolong tells local financial regulators
Beijing attached “great importance” to Hong Kong’s role … “Hong Kong, as an international financial centre, has a very bright record, and representatives of banking and securities could just speak …
Russia finance minister says in talks with China on yuan loans
Russia’s finance ministry has been discussing with its Chinese counterparts the possibility of taking out loans in yuan, but there has been no decision yet, Russian Finance Minister Anton Siluanov …
Ant Group outbids Citadel for Credit Suisse’s China unit, Bloomberg reports
Fintech giant Ant Group has outbid billionaire Ken Griffin’s Citadel Securities for Credit Suisse’s investment bank venture in China, Bloomberg News reported on Sunday, adding it was unclear whether …
Economic Watch: Revitalization of NE China provinces fueled by 1st net resident inflow in over a decade
“The meeting indicated that northeast China will embrace more favorable policies, which is conducive to the further consolidation of the resident inflow in the region,” said Li Kai, vice president of …
