Time for new strategies in the mainland
JPMorgan aims to help domestic, foreign companies across borders As the senior leader-ship of China has articulated the need to encourage market-driven behavior to promote efficiency and economic...
View ArticleLender finds fertile fields in overseas markets
ICBC keeps growth pipeline robust with initiatives to help Chinese firms' business expansion, reports Jiang Xueqing. Like many domestic banks, Industrial and Commercial Bank of China Ltd is facing...
View ArticleStable renminbi benefits China
There are good reasons for the country to avoid pursuing depreciation and to manage currency's fluctuation against the dollar It has been common recently for some analysts and economists to advocate...
View ArticleUS stock futures attempt rally as China wavers
This is breaking news. Please check back for updates. After a tough day of trading that saw the Dow and the Nasdaq fall into a sharp correction , U.S. futures showed modest upside Thursday night as...
View ArticleChina seeks to reassure markets on yuan and transparency ahead of G20
Oil prices and Chinese shares skid amid expectation that finance ministers from the world’s leading powers could set out responses to market turmoil...
View ArticleChina to continue urging moves on Renminbi internationalization
China will continue to push forward capital account liberalization and renminbi internationalization, a senior representative from the People's Bank of China said in London on Friday. The financial...
View ArticleEquities regain lost ground
Share prices recovered on the mainland bourses on Monday after Thursday's sell-off as stable economic data and market-friendly gestures by the People's Bank of China, the central bank, bolstered...
View ArticleSpotlight: China's outbound investment helps boost global economy: experts
NEW YORK, Nov. 17 (Xinhua) -- China's outbound investment strategies such as the Belt and Road Initiative will help stimulate the global economic growth, matching the key objectives of the Group of...
View ArticleChina Hits a Bump, or Two, on Road to an Internationalized Yuan
China’s latest measures to shore up its currency and plug an outflow of capital risk setting back the long-held goal for an internationalized yuan. The People’s Bank of China said Monday that lenders...
View ArticleChina currency swap deals surpass 3t yuan
BEIJING -- The value of currency-swap deals between China and other countries surpassed 3 trillion yuan ($483 billion), highlighting the internationalization of the yuan, or RMB. The People's Bank of...
View ArticleJP Morgan's senior executive bullish on China
Editor's note: Chinese economic growth is under the spotlight during the World Economic Forum's three-day meeting in Dalian, Liaoning province. More than 1,700 participants from 90 countries will...
View ArticleNews Analysis: Economists see no basis for yuan's continued depreciation
BEIJING, Jan. 13 (Xinhua) -- No basis exists for continued depreciation of the renminbi (RMB), or the yuan, and in 2016 China is capable of keeping the currency "basically stable" to a basket of...
View ArticleEconomists see no basis for yuan's continued depreciation
BEIJING - No basis exists for continued depreciation of the renminbi, or the yuan, and in 2016 as China is capable of keeping the currency "basically stable" to a basket of currencies, economists said....
View ArticleQuality growth the focus of China’s next five-year plan, says J.P. Morgan’s...
Steering quality growth driven by consumption and innovation will be the priority of the top policymakers meeting in two weeks to sketch out China’s economic blueprint for the next five years,...
View ArticleFluctuation in China's forex reserves normal: PBOC
BEIJING - Decline in China's foreign exchanges reserves in August was due to its normal market operations and dropping prices of major financial assets on the global market, the central bank said...
View ArticleQuality growth focus of China’s next five-year plan, says J.P. Morgan’s Ulrich
Steering quality growth driven by consumption and innovation will be the priority of the top policymakers meeting in two weeks to sketch out China’s economic blueprint for the next five years,...
View ArticleYuan on the move
IMF backs progress in RMB internationalization by including it in reserve currencies basket The renminbi reached a new milestone in its journey to becoming a global currency on Nov 30 when it was...
View ArticleYuan Gets JPMorgan Imprimatur as Bank Updates Currency Indexes
China’s effort to challenge the hegemony of the U.S. dollar just got a boost from JPMorgan Chase & Co. For the first time in 15 years, the New York-based bank increased the yuan’s weighting in its...
View ArticlePBOC Does It Again: Zhou's Five-Month-Old Speech Whipsaws Stocks
Another surprise from the People’s Bank of China is causing headaches for investors. Less than three months after its sudden yuan devaluation roiled global markets, the central bank sowed confusion...
View ArticleJPMorgan Sees New Normal in Bonds as Slowing China Crimps Yields
China’s slowing economy will suppress global bond yields even as the Federal Reserve considers a rate increase, threatening returns for investors who rely on higher coupon payments, according to...
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