Central government support for local financing vehicles helped lift debt sales in August to near-record levels …
Tagged By finance
China’s yuan bounces on state bank support, offshore tightness
SHANGHAI/BEIJING: China’s yuan bounced against a buoyant dollar on Friday, underpinned by state bank support, further strong fixing guidance by the central bank and signs of liquidity tightness in the …
China Is in Trouble, but It’s Not as Bad as Some Think
Investors ready to write off China underestimate the resources of policy makers and the power of an $18 trillion economy that is home to 1.4 billion people.
China’s economic woes embolden calls for deeper reforms
China’s economic slowdown is polarising government advisers over the best way forward, with advocates of structural reforms now emerging from the shadows in a challenge to others calling for more …
China Construction Bank Celebrates 25th Anniversary in Singapore
Singapore Branch (“CCB Singapore” or the “Branch”) celebrated its 25th anniversary with the classical concert “Rhapsody Melody – CCB Night of Classics”. The concert was performed by the Shanghai …
Does China’s fear of floating exceed its fear of deflation?
In response, China’s central bank has eased its monetary stance, even as interest rates have risen dramatically in America and elsewhere. It lowered reserve requirements for banks on September 15th …
China should step up policy support for economy, ex-People’s Bank of China head says
China should step up policy support for the economy while promoting reforms to help achieve the annual growth target of around 5%, Yi Gang, former governor of the People’s Bank of China (PBOC), said …
China sets yuan midpoint at 1-month high, basket index recovers 2023 losses
China’s central bank set the yuan’s daily midpoint fixing at the highest level in over a month on Thursday, while its value against a basket of currencies recovered. The People’s Bank of China (PBOC) …
China Stocks Set for 10-Month Low as Economic Pessimism Persists
Chinese stocks are extending their poor run, with a key gauge heading for its lowest level since November as a foreign selloff worsens amid persistent concerns about the economy.
China’s Asian Infrastructure Investment Bank opens first overseas office in Abu Dhabi
The China-backed Asian Infrastructure Investment Bank (AIIB) has set up its first overseas office at the Abu Dhabi Global Market (ADGM).
Starving zoo animals and cucumber fines. China’s indebted cities are desperate for cash
The Endangered Species Fund called for volunteers to donate food to hungry animals kept at a zoo inside Dongshan Park in the northern province of Liaoning. The zoo is run by the local government, …
China hits back at economic fatalists during gathering of policy heavyweights
During a briefing on the state of China’s economy, officials from multiple government departments presented a united front against criticism of the country’s recent showing.
Starbucks: Why Howard Schultz’s departure could ‘open the door’ for expansion in China
[that] they felt they didn’t need need to have a partnership any longer,” Georgetown professor Arthur Dong told Yahoo Finance. Starbucks has continued to invest in China and research the demand for …
