People's Bank of China May Skip Weekly 3-Month Bill Sale
Word came Wednesday that the People’s Bank of China may cancel a scheduled weekly Thursday sale of three-month bills.
Does China Currency Manipulation Hurt Us or Them?: News Analysis
As the largest foreign holder of U.S. government debt, China has made a killing on its portfolio of U.S. bonds, but it could have done a lot better if its broker had not manipulated the exchange rate on its transactions.
China Stops FX Swaps With Some European Banks
Bank of China and another Chinese bank have stopped interest rate swaps and foreign exchange trading with a number of foreign banks, reducing their exposure to the euro zone.
China Adjusts Reserve Ratio Again to Fight Inflation
The Chinese government moved again on Monday to battle inflation, but instead of an outright increase in the required reserve ratio (RRR), this time it clarified policy on margin deposits.
China Banks Seek Overseas Expansion
Chinese banks, in an effort to grow beyond the mainland's borders, have plowed large amounts of capital into acquisitions, new branches overseas and joint ventures. Although analysts are critical of their efforts, calling them pricey and poorly directed, banks see opportunity beckoning.
China Weighs In on Strauss-Kahn’s IMF Successor
As the quest to replace Dominique Strauss-Kahn as head of the International Monetary Fund (IMF) continues, China has entered the fray, saying that the U.S. should reduce its voting share in the financial body so that emerging economies can have more of a voice in the selection process.
China Agbank Forecasts More Rate Hikes, Reserve Increases
China's Agbank foresees another increase in the country's benchmark interest rate and reserve ratios plus consumer inflation and faster yuan appreciation.
China Raises Rates Again; Speculation on Inflation Heightened
China signaled Tuesday that its inflation figures, due out on April 15, might be higher than expected when it raised interest rates for the fourth time since October.
China Raises Reserves Again
On Friday China’s central bank announced another increase in required reserve ratios (RRR) for the nation’s banks of 50 basis points, as a further step against inflation that continues to stress the economy.
Chinese Inflation Still Rising, Topping Expectations
China’s inflation rate for February rose above expectations on Friday, coming in at 4.9% and clearing the way for further monetary tightening by Beijing.