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Leading Chinese economist Mao Zhenhua says China should consider issuing additional long-term treasury bonds following last week’s raft of measures.
Analysts suggest China could sell at least 1 trillion yuan (US$142 billion) of special treasury bonds and lift its budget deficit ratio.
Some analysts see ‘panicking’ among China’s policymakers, others point to a rising sense of urgency in fighting deflation.
Cuts by the Federal Reserve have prompted exporters to convert their US dollar assets into yuan, strengthening China’s currency.
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Continued diversification of reserve portfolio may be in order, but into what, and at what speed, are pressing questions.
‘The risk of intensifying trade wars is very real’.
US Federal Reserve expected to lower its benchmark borrowing rate, which could give China room to ease.
S&P Global Ratings global chief economist Paul Gruenwald says China is under no external or market pressure to deal with the property market.
Firing up the grills boosted Zibo’s national profile and lured millions, but it has done little to economically transform the heavily indebted city.
China has reaffirmed its aid and loan commitments to Africa even as its economy slows, showing its eye remains on the bigger picture.
Former tax official Xu Shanda also urged Beijing to prioritise boosting consumption and the confidence of China’s private sector.
Growth of virtual currencies such as bitcoin and ether used in crimes has been ‘phenomenal’, law professor says.
China’s yuan gained 1.9 per cent against the US dollar in August, which represented the largest monthly change since November.
China’s yuan has become more acceptable to foreign countries, but authorities still maintain tight control of fund flows under its capital account.
Barter trades have emerged as an alternative way for China to continue to expand its exports and to circumvent payment issues.
PBOC governor Pan Gongsheng says local debt has fallen and number of high-risk small and medium banks has ‘nearly halved’ from peak.
China’s Ministry of Industry and Information Technology on Friday suspended a steel industry upgrade programme amid slowing demand.
China’s highest judicial bodies on Monday made 13 revisions to its money-laundering law.
Financial Working Group met in Shanghai last week, with officials from China and the US discussing a wide range of issues over two days.
With tax evasion costing China tens of billions of yuan a year, authorities are looking to plug leaks and shore up oversight in the 30-year-old system.
A senior researcher has encouraged China to expand the use of its interbank transfer protocol, warning of risks inherent in the use of Western systems like Swift.
Local-level authorities across China are discussing how to do more business with Russia while avoiding banking systems monitored the West, and agriculture deals could come this autumn.
Onshore yuan rallied to a high of 7.1150 per US dollar during morning trading, the strongest level since January 2.
Chinese economist Mao Zhenhua, who was among the first to spot weaknesses in the country’s real estate sector, says the era of large-scale construction which fuelled the property crisis has ended.
Nomura’s chief China economist Lu Ting also urged an ‘appropriate’ amount of interest rate reductions and efforts to stabilise the property market.
Live-streaming was one of several new fields added to China’s registry of officially recognised professions, indicating the growing status of the digital economy in the country’s long-term outlook.
Vice-Premier He Lifeng says there is not a single model, and participants should not ‘blindly’ follow trends as China seeks to develop new quality productive forces’
After years of rapid debt growth from local government financing vehicles, some of China’s struggling regions are finding it difficult to reverse course.
China cuts one-year medium-term lending facility and allocates 300 billion yuan (US$41.3 billion) in ultra-long-term treasury bonds on Thursday.
China’s top economic planner has encouraged qualified firms to borrow medium- and long-term debt abroad amid a slowdown of US dollar fundraising.
