China’s central bank is using its daily reference rate to temper the yuan’s rally as the currency’s outperformance during the Iran war fuels further bullish sentiment.
Tagged By financials
China Raises Overseas Loan Leverage Ratio for Banks
China has raised the leverage ratio for banks’ overseas loans to strengthen the role of financial services in supporting the real economy and facilitating trade and investment. Overseas loans’ …
China’s US$51 trillion savings help bonds to outperform during war
CHINA’S US$51 trillion savings glut has fuelled demand for its debt, entrenching its role as a haven as the Iran war drives global volatility. A basket of yuan-denominated high-grade debt, spanning …
China Considers Financial Aid for Airlines Hit by Oil Shock
China is considering financial relief and other measures for its struggling state-run airlines as the Iran war sends fuel costs soaring, according to people familiar with the matter, in what could be …
China to conduct 500-billion-yuan outright reverse repo operation
BEIJING, 15th April, 2026 (WAM) — The People’s Bank of China on Tuesday announced that it will carry out a 500-billion-yuan (about US$72.89 billion) outright reverse repo operation on Wednesday to …
2026 Global South Financiers Forum held in Beijing
Pan Qingzhong, executive dean of Schwarzman College of Tsinghua University, speaks at the 2026 Global South Financiers Forum in Beijing, capital of China, March 25, 2026. The forum opened in Beijing …
Many of China’s Big Banks Stop Reporting Private Banking Figures as Focus Moves Beyond AUM
Several of China’s major state-owned banks have started to omit data on private banking, once regarded as the ‘crown jewel’ of their retail banking business, from their annual reports as they reshape …
The next financial crisis like 2008 has already begun, and China wrote the script
Gold reserves at record highs, rare earth controls tightening, and EV exports surging. Beijing’s decade-long preparation is now paying off as the world scrambles.
Exclusive – China finance ministry to meet underwriters on special treasury bond issuance plan
SHANGHAI, April 14 (Reuters) – China’s finance ministry will meet government bond underwriters on Thursday, and the agenda is expected to cover this year’s issuance of ultra-long special treasury …
China starts bankruptcy liquidation of shadow bank Zhongzhi
The move signals regulators’ determination to draw a line under years of opaque shadow banking practices Read more at The Business Times.
China March new loans jumps less than expected, no sign of fresh policy easing
BEIJING, April 13 (Reuters) – New bank lending in China jumped less than expected in March, while broad money and financing growth remained sufficient to support economic expansion, signalling the …
China court orders bankruptcy liquidation for Zhongzhi Group and 316 affiliates
BEIJING, April 13 (Reuters) – A Beijing court has ordered the liquidation of Zhongzhi Enterprise Group and more than 300 related entities, in a major step towards resolving one of China’s biggest …
China Automotive Systems to Announce Unaudited 2025 Fourth Quarter and Audited 2025 Year Financial Results on April 22, 2026
China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial …
