Chinese banks extended 990 billion yuan ($135 billion) in new yuan loans in December, up from November and outpacing analysts’ forecasts as government stimulus measures slowly spur credit demand.
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Beijing Promise, Bank of Japan Outlook Roil Asian Stock Markets
Asian stock markets were choppy on Tuesday, as traders weighed a promise from Beijing to assist equities, but also viewed odds for a rate hike from the Bank of Japan. Hong Kong and Shanghai gained,…
Chinese Central Banker Warns of Government Bond Risks as Yields Slide
BEIJING/SHANGHAI (Reuters) – Investments in governments bonds are not risk-free, a Chinese central bank official said on Tuesday, warning of a potential market bubble and resulting turbulence if bond …
China Will ‘Try Very Hard’ to Slow Yuan’s Fall, UBS’ Wang Says
A weaker yuan against the dollar may only give China’s exports a modest boost and Beijing will push to moderate the currency’s decline, according to UBS Group AG.Most Read from BloombergThese Homes …
China’s central bank is focused on stimulating the economy probably at the cost of the yuan, says UOB
Qi Wang, a CIO for wealth management at UOB Kay Hian, says he is “not that pessimistic” about the Chinese economy.
China Reins In Its Once-Freewheeling Finance Sector With Purges and Pay Cuts
Xi’s campaign against capitalist excess ushers out internationally experienced financiers for a new generation of loyal functionaries.
China boosts yuan support with warning, capital control tweaks
BEIJING: China ramped up its support for the yuan with a warning and tweaks to its capital controls after the currency dropped close to a record low against the US dollar in offshore trading.
China still hopes to stabilize market, ideally before Trump inauguration
China’s leaders are reportedly still scrambling to stabilize their economy before Donald Trump takes office. The pressure is on, and Beijing knows it. With a housing market crisis, a plummeting yuan, …
China ‘confident’ in 2025 economic rebound, Hong Kong is key: central bank chief
Mainland’s property market is improving, PBOC governor Pan Gongsheng says, reiterating importance of special-purpose bonds for buying idle land and unsold homes.
China hits record $1T trade surplus: Chart of the Day
China has reached a record-breaking trade surplus of $1 trillion, with exports outpacing imports by 21% compared to last year. In today’s Chart of the Day, host Madison Mills analyzes what this …
China unveils US$13 billion trade finance facility in boost to yuan hub in Hong Kong
New measures will enhance Hong Kong’s role as an offshore yuan hub as well as deepen the city’s bond market with more institutional players.
China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan
Chinese regulators reiterated a pledge to defend the yuan as the currency comes under renewed pressure amid the prospects of U.S. trade tariffs.
China, UK restart economic and financial talks after 6-year hiatus
China and Britain restarted economic and financial talks on Saturday after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing, as the U.K.’s Labour government seeks to reset …
