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China finance

As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

by Ron Morgan
As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases, S&P Global Ratings said in a report on Tuesday – …

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China is rolling out the red carpet for venture capital in tech – and foreign funds are welcome

by Anas Siddiqui
China is rolling out the red carpet for venture capital in tech – and foreign funds are welcome

China plans to roll out new measures to coax venture capital (VC) – including funds based overseas – into the country’s technology sector, according to a notice from the State …

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China unveils plan to keep officials’ noses clean in campaign to control financial risk

by Anas Siddiqui
China unveils plan to keep officials’ noses clean in campaign to control financial risk

China’s Politburo – a high-level decision-making body of the country’s Communist Party – reviewed a pilot accountability mechanism for financial de-risking on Monday, the latest offensive in Beijing’s campaign to …

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China wants ‘patient capital’ to fund its tech drive. Will slow and steady win the race?

by Anas Siddiqui
China wants ‘patient capital’ to fund its tech drive. Will slow and steady win the race?

China will mobilise what the country’s leaders have referred to as “patient capital” – funds oriented towards the longer term with greater risk tolerance – to bankroll its strategy to …

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China’s exporters shun the yuan, embrace alternatives as depreciation fears build

by Anas Siddiqui
China’s exporters shun the yuan, embrace alternatives as depreciation fears build

“Perhaps, on the one hand, it is because the economy and exports are not that good, and everyone is earning fewer dollars. On the other hand, companies like us that …

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China’s Communist Party finance organ draws institutional road map for sector

by Anas Siddiqui
China’s Communist Party finance organ draws institutional road map for sector

China’s 461-trillion-yuan (US$63.7 trillion) financial industry and its regulatory regime will be heavily prioritised in a broad economic reshuffle engendered by the country’s top leadership, with the sector remoulded to …

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China’s new financial regulator pledges transparency to bring investors back from the brink

by Anas Siddiqui
China’s new financial regulator pledges transparency to bring investors back from the brink

China’s new financial regulator has made fresh pledges to increase regulatory transparency, stability and predictability, the latest of several attempts to restore investor confidence following a stock meltdown and high-profile …

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China stocks slide, US stocks glide – will reform work to stem the tide?

by Walter Watson
China stocks slide, US stocks glide – will reform work to stem the tide?

As economic trends drive stock markets in the US and China onto wildly divergent paths, analysts said China needs to address systemic issues and loosen capital controls to change course …

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China wants to build ‘first-class’ investment banks – but isn’t telling the industry how

by Ron Morgan
China wants to build ‘first-class’ investment banks – but isn’t telling the industry how

“The basic structure of the domestic capital market is different from that of foreign countries,” said the manager, who requested not to be named as he was not authorised to …

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