Trump’s policy reversal on China sends a signal to global finance chiefs ahead of next week’s meeting in Washington, D.C., that Trump could soften the aggressive trade positions he staked out during his campaign. (…
Tagged By financials
China and Canada in a game of economic footsie
The two leaders agreed on a 100-day plan to discuss the American trade deficit. China even identified some concessions it was willing to make, the Financial Times reports but the Chinese are pointedly exploring other…
Report shows gap between Asian and Western financial hubs is narrowing
A tourist poses in front of the bull statue at the Bund in Shanghai. The city has progressed in rankings of global financial centers. [Photo by Yan Daming/For China Daily] The wide gap in financial…
China gets tougher on financial market malpractice
Those involved in illegal financial market activities such as insider trading have reasons to be fearful, as Chinese authorities are escalating efforts to put financial markets under stricter scrutiny. Adding to the recent slew of…
China Intensifies Efforts to Curb Financial Market Malpractice, Addresses Banking Risks
authorities are stepping up efforts to crack down on financial market malpractice such as insider trading, while the China Banking Regulatory Commission (CBRC) unveiled new measures aimed at addressing risks in the banking sector, the…
China central bank official urges efforts to boost green financing
China is pushing the development of green finance to support its industrial upgrading and anti-pollution campaign. According to credit rating agency Moody’s, green bond issues worldwide hit a record high of 93.4 billion U.S. dollars…
US, China Visit: Why Trump is in the Driver's Seat
However, China may be the country with more to lose economically, Brian Brenberg, chair of the Program in Business and Finance at The King’s College, told FOX Business. “The United States has the upper hand…
BRIEF-China Finance Online reports about 43 pct fall in Q4 new revenue
* China Finance Online reports fourth quarter and full year 2016 unaudited financial results * China Finance Online Co Ltd qtrly net revenues were $19.2 million, down 42.8% year-over-year * China Finance Online Co Ltd…
China's shadow banking rebounds in March, household loans surge despite curbs
BEIJING (Reuters) – China’s banks unexpectedly extended less credit in March than in the previous month as the government tries to contain the risks from an explosive build-up in debt and an overheating housing market.…
Banking Regulator Puts Kibosh on Nepotism
(Beijing) — China’s banking regulator is taking aim at the industry’s preferential hiring practices, including nepotism and the employment of the regulator’s former employees. A policy document issued April 7 by the China Banking Regulatory…
China bank extend 1.02 trln yuan in new loans in March, less than expected
BEIJING, April 14 (Reuters) – China’s banks unexpectedly extended less credit in March than in the previous month as the government tries to contain the risks from an explosive build-up in debt and an overheating…
The ‘Trilemma’ According to China’s Central Bank
China’s central bank has its own theory on the impossible trinity. In an apparent attempt to justify China’s curbs on capital outflows—part of the People’s Bank of China’s laser focus on slowing the yuan’s decline—scholars…
China cbank resumes cash injections as shadow banking crackdowns spur liquidity worries
SHANGHAI, April 13 (Reuters) – China’s central bank resumed injections into the money market on Thursday after a near three-week absence, in an apparent bid to ease fears of a cash crunch in the financial…
