China’s biggest state-owned banks are considering lowering deposit rates for at least the third time in a year, according to people familiar with the matter, as they ramp up efforts to boost the …
Tagged By financials
China extends tax breaks for foreign workers until 2027
BEIJING, Aug 29 (Reuters) – China will extend preferential tax policies for foreign nationals working in the country through to the end of 2027, the finance ministry said on Tuesday, in a boon to …
China’s central bank conducts 385-bln-yuan reverse repos
BEIJING, Aug. 29 (Xinhua) — China’s central bank conducted 385 billion yuan (about 53.58 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday. The move aims to …
China to conduct central bank bills swap Tuesday
BEIJING, Aug. 29 (Xinhua) — The People’s Bank of China, or the central bank, will conduct a central bank bills swap (CBS) operation on Tuesday to improve the liquidity of perpetual bonds. The …
How China’s Debt Problem Could Trigger a Financial Crisis
Charlene Chu, senior analyst at Autonomous Research and a former Fitch Ratings analyst, doesn’t see an easy fix for the world’s second-largest economy.
China’s shadow-banking industry threatens its financial system
The shadow lender’s demise was an early warning: the same forces that brought it down are now ripping through China’s 21trn yuan trust industry. The country’s economic growth has been weaker than …
These financial market signals are telling a different story about China’s economy
“The curious thing, though, is that such doom and gloom is not reflected in what the market is signaling,” Gavekal’s Louis-Vincent Gave wrote.
Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions to shore up confidence
“The change in global capital flows is seismic,” Robin Brooks, chief economist at the Institute of International Finance, wrote in a Sunday post on X.com. “For the past decade, China attracted the …
China’s Debt Problem Could Trigger a Financial Crisis, Analyst Says
China’s property developers are under duress again, re-igniting concerns about a debt crisis. But with a faltering economy and diminished confidence among households and companies, China debt watcher …
China makes 1st tax cut on stock trading since 2008 to boost investor confidence
The Chinese government has reduced the stamp duty on stock trading for the first time since 2008 in an effort to restore investor confidence in the economy, CNN reported.According …
Will China’s Recent Financial Policy Patchwork Mend Alibaba And Tencent?
China’s Ministry of Finance reduced its “stamp duty” on securities transactions to 0.05% over the weekend — an effort to spur market activity and boost sentiment.
China’s financial players turn to Guandan card game amidst shifting investment landscape
China’s financial professionals and corporate leaders have increasingly turned to domestic sources of funding in recent times due to a decline in foreign investment.
Why China Slashed Stock-Trading Costs—And Why the Market Wasn’t More Excited
That’s how much Chinese stock investors could save per year in total trading costs, Citigroup analysts say, after authorities halved the tax on share transactions to spur market activity and boost …
