United States

Steven Bian

UPDATE 3-China's Peking Founder races for funds as dollar debt defaults loom

Dec 03 2019

* Peking Founder seeking state-owned strategic investor - sources

Peking Founder in talks for strategic investment after default - sources

Dec 03 2019

HONG KONG/BEIJING/SHANGHAI, Dec 3 China's Peking University Founder Group is looking for strategic investment from a large state-owned enterprise after defaulting on an onshore bond, three sources told Reuters on Tuesday.

China regional banks' funding costs rise after Baoshang takeover

May 27 2019

SHANGHAI Chinese regional banks had to pay more for funds through China's interbank bond market on Monday, and their share prices came under pressure, following a rare takeover of a troubled lender by the country's banking and insurance regulator.

China boosts liquidity, set for more policy easing as trade war threatens economy

Jul 19 2018

SHANGHAI Chinese policymakers are pumping more liquidity into the financial system and channeling credit to small and medium-sized firms, and Beijing looks set to further loosen monetary conditions to mitigate threats to growth from a heated Sino-U.S. trade war.

As economy slows, China seeks subtler monetary tools

Aug 29 2012

SHANGHAI China's central bank is experimenting with more delicate tools to support bank liquidity and lending, showing an apparent reluctance to resort to blunter monetary policy instruments such as cutting the amount of cash banks must hold as reserves despite abundant signs of weakening growth.

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