China may fully open investment banking sector

Wall Street banks may soon be able to establish wholly owned investment banking business on the mainland as China is reportedly considering fully opening the country's investment banking sector. The China Securities Regulatory Commission has not issued an ... ( read original story ...)

China forex reserves hit lowest value since 2011

The US$45.727 billion drop was the fourth consecutive monthly decline and took China’s overseas-currency warchest to US$3.121 trillion, according to the People’s Bank of China. The consumption of non-fossil energy must accounts for 15% of primary ... ( read original story ...)

China c.bank to keep liquidity ample, curb asset bubbles

BEIJING Nov 8 China's central bank said on Tuesday that it will maintain ample liquidity and achieve reasonable growth in money supply and credit, while taking steps to control asset bubbles and financial risk. The People's Bank of China would maintain a ... ( read original story ...)

China central bank to keep liquidity ample, curb asset bubbles

BEIJING (Reuters) - China's central bank said on Tuesday that it will maintain ample liquidity in the country's financial system while taking steps to prevent asset bubbles in an increasingly leveraged economy. In its third-quarter monetary policy ... ( read original story ...)

China’s New Finance Minister Faces a Juggling Act

China’s new finance minister Xiao Jie inherits from his reformist ... to reduce the cost of a record amount of debt run up by provinces after the global financial crisis. But his plans to clamp down on spending ran into opposition as they collided ... ( read original story ...)

Financial risk may be China's gift to next president

Back in 2008, incoming President Barack Obama inherited a US financial crisis that was to some degree made in China. The next US president may well confront a Chinese financial crunch with its origins in the US, as China unwinds the credit imbalances built ... ( read original story ...)