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China’s central bank vows supportive monetary policy but dismisses dramatic easing measures

by Ron Morgan
China’s central bank vows supportive monetary policy but dismisses dramatic easing measures

“It should be noted that incorporating bond trading into the policy toolbox does not mean quantitative easing,” the governor said at the forum, which is regarded as an influential finance …

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China’s central bank backs Beijing’s property destocking plan as housing sales crawl

by Anas Siddiqui
China’s central bank backs Beijing’s property destocking plan as housing sales crawl

China’s central bank has backed the government’s plans to use public resources to absorb the nation’s unsold homes as it moves to remove an inventory overhang in the world’s largest …

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Janet Yellen in China: how far did trip move the ball for US-China relations as presidential election looms?

by Walter Watson
Janet Yellen in China: how far did trip move the ball for US-China relations as presidential election looms?

The week-long trip to China by US Treasury Secretary Janet Yellen sidestepped core economic disputes, and without headway, analysts said the pressure of November’s presidential election could force the Biden …

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China’s central bank head dissuades real estate woes as Vanke teeters towards default

by Anas Siddiqui
China’s central bank head dissuades real estate woes as Vanke teeters towards default

The governor of China’s central bank talked up the country’s property market and the resilience of its financial system on Monday, as the debt pressures weighing on a leading developer …

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Ant Group-backed credit scorer Qiantang closer to licence in China after two-year wait, as PBOC to ‘guide’ application

by Anas Siddiqui
Ant Group-backed credit scorer Qiantang closer to licence in China after two-year wait, as PBOC to ‘guide’ application

Qiantang Credit Rating, backed by Alibaba Group Holding’s fintech arm Ant Group and Zhejiang Tourism Investment Group, appears to be headed for official approval to begin operations after a wait …

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