The People’s Bank of China has revised the way it calculates TSF by adding financial institutions’ asset-backed securities and loan write-offs. It has also added local government special bonds issuanc… ( read original story …)
Tagged By financials
China Shanghu Builds Itself into an International Health Demonstration Zone
CHANGSHU, China — On October 25, 2018, the 13th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands declared that Changshu was put on the list of the first ……
China consults on rules for financial holding companies: sources
BEIJING (Reuters) – China’s central bank has started seeking internal feedback on draft rules regulating financial holding companies, targeting big-name conglomerates that hold multiple financial lice… ( read original story …)
China’s Financial Virus
Why does U.S financial expert Jim Rickards care about China? This is a question I get asked a lot. So what if the People’s Republic has racked up $38 trillion in debt in the last…
Briefing: China’s central bank governor says STOs are ‘illegal financial activities’
Pan Gongsheng, deputy governor of the People’s Bank of China (PBoC), clarified the institution’s stance at a forum in Beijing on Saturday (Dec. 8). He said that virtual forms of money had become an ac……
Trump’s trade war with China is causing CEOs to make one risky change
Fearing a prolonged trade battle with China — and a barrage of negative headlines and unknown retaliatory tariffs — numerous CEOs Yahoo Finance have talked with lately are moving quickly to get produc… ( read…
The Finance 202: China sends warning to U.S. businesses with iPhone ban
A Chinese court’s decision to ban the sale of older iPhones raises a nightmarish specter for American companies doing business in the country: They could find themselves exposed in the crossfire as tr… ( read…
China, US discuss plans for trade talks
BEIJING — China’s economy czar and U.S. trade envoys discussed plans … negotiate over American complaints about Beijing’s technology policy. The Huawei chief financial officer, Meng Wanzhou, was arr… ( read original story …)
China’s central bank skips reverse repo for 33 trading days
BEIJING – The People’s Bank of China, the central bank, on Tuesday skipped reverse repo for the 33th trading day, the longest stretch since early 2016, citing sufficient liquidity in the banking syste… ( read…
Central bank deputy governor: STO business ‘essentially an illegal financial activity in China’
Pan Gongsheng, a deputy governor of the People’s Bank of China, the country’s central bank, told an internet finance forum in Beijing that “illegal” financing activities through STOs and ICOs were sti… ( read original…
Why China’s sales ban of Apple iPhones isn’t as bad as it sounds
But the ban isn’t as bad as it sounds. Apple was informed of the injunctions granted by Fuzhou Intermediate People’s Court in China last week, Yahoo Finance learned. And since then Apple sales in Chin……
China’s Central Bank Demonizes Cryptos and STOs at Recent Summit in Beijing
China has banned all Security Token Offerings and all activities linked to them. The government wants to regulate the new tokens before legalizing them to eliminate cases of fraud. The emerging crypto… ( read original…
China Says Canada Violated Bilateral Agreement in Huawei Arrest
(Bloomberg) — China accused Canada of violating a bilateral agreement by failing to speedily inform its consulate of the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou, as ten… ( read original story…
