President Xi Jinping is readying a rejig of the financial bureaucracy, having already replaced members of the country’s dwindling reform camp – namely Premier Li Keqiang, economic tsar Liu He and …
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Favoring continuity, China reappoints Yi Gang as central bank governor
China on Sunday reappointed Yi Gang as head of the central bank in an effort to reassure entrepreneurs and financial markets by showing continuity at the top while other economic officials change …
Beijing banks on continuity
Opting for continuity in these critical economic roles suggests an emphasis on credibility and stability,” said Mattie Bekink, China director at the Economist Intelligence Corporate Network. “It is …
Beijing retains its central bank chief in surprising move
China yesterday retained its central bank governor in a surprise move, as the country appointed a Cabinet focused on fighting economic headwinds. At a meeting of the Chinese National People’s Congress …
‘Steady Hand’: China Surprisingly Retains Central Bank Chief
Yi Gang attends a news conference on China’s economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo Reuters BEIJING (Reuters) – …
China has reappointed its central bank governor, when many had expected a change
China on Sunday reappointed Yi Gang as head of the central bank in an effort to reassure entrepreneurs and financial markets.
Xi Jinping retains China’s central bank head in boost to markets
Xi Jinping has kept the country’s central bank governor Yi Gang in his post and retained his finance and commerce ministers, as the Chinese president defied expectations of a large-scale overhaul of …
WRAPUP 1-China chooses continuity, retaining central bank chief, finance minister
However, further announcements are expected in coming weeks as China implements a reorganisation of its financial regulatory structure and other government bodies. “Opting for continuity in these …
China chooses continuity, retaining central bank chief, finance minister
BEIJING (Reuters) – China kept its central bank governor and finance minister in their posts on Sunday, an unexpected move at the annual session of the rubber-stamp parliament prioritising continuity …
China unexpectedly taps central bank chief, finance minister to stay on
China’s central bank governor and finance minister were nominated on Sunday to retain their posts, an unexpected move at the annual session of the rubber-stamp parliament that had been expected to …
‘Money Machine’ Is Missing the Juicy Details of Chinese Banking
Review: ‘Money Machine’ Is Missing the Juicy Details of Chinese Banking Create an FP account to save articles … Shan’s Money Machine: A Trailblazing American Venture in China promises to explain the …
Silicon Valley Bank’s collapse sends shivers through China startups
Chinese tech firms have long relied on SVB for venture capital funds after traditional US banks turned them away.
Analysis-China’s debt-laden local governments pose challenges to economic growth, financial system
China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 …