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Global Central Bank Shift Eases Drag on Chinese Currency

The yuan is trading at about 6.86 a dollar ... under enormous political pressure to manage the people’s money well” and not incur losses, said David Loevinger, who oversees emerging market bonds and ...
Posted: June 24, 2019, 8:25 am

PBOC’s ‘Tremendous Room’ to Act in Focus as Economy Decelerates

We anticipate two rate cuts as an intensifying trade war hits already-fragile growth” -- David Qu and Tom Orlik, Bloomberg Economics Whatever levers China pulls in response to a slowdown, it must ...
Posted: June 15, 2019, 2:00 pm

China needs nearly $440 billion to clean up rural environment: report

It plans to make around 90% of its contaminated farmland fit for crops by the end of 2020. ($1 = 6.8686 yuan) (Reporting by David Stanway; Editing by Tom Hogue) ...
Posted: June 22, 2019, 3:16 am

Beijing orders brokerages to lift fundraising quota, eases liquidity for smaller financial firms

The quota at GF Securities was earlier set at 12.4 billion yuan, according to previous filings ... medium sized financial institutions," said David Yin, analyst with rating agency Moody's. ...
Posted: June 24, 2019, 8:58 am

China Bond Rally Seen Withstanding Muni Debt Issuance Surge

Some 328 billion yuan ($47 billion) of local government bonds will be issued ... Sofia Horta e Costa at shortaecosta@bloomberg.net, Philip Glamann, David Watkins ...
Posted: June 17, 2019, 9:46 pm
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