Edition:
United States

Zheng Li

Chinese vice premier urges more support for economy amid trade war

Jun 13 2019

SHANGHAI Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing would soon unveil more policies to bolster growth amid rising U.S. trade pressure.

RPT-UPDATE 1-China's central bank won't let yuan weaken past 7 to the dollar-sources

May 19 2019

* C.bank eyes steps to slow yuan decline to 7/dollar -sources

China's central bank won't let yuan weaken past 7 to the dollar: sources

May 17 2019

SHANGHAI/BEIJING China's central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with the central bank's thinking said.

China's cbank will not let yuan decline past 7 to the dollar - sources

May 17 2019

SHANGHAI/BEIJING, May 17 China's central bank will use foreign exchange intervention and monetary policy tools to ensure the yuan does not weaken past the 7-per-dollar key level in the immediate term, three people familiar with the central bank's thinking said.

Exclusive: China central bank bars some offshore lending in latest move to support yuan

Aug 16 2018

SHANGHAI China has banned banks in its ground-breaking free trade zones from certain lending activities to ease pressure on the yuan currency in offshore markets, two sources with direct knowledge of the matter said on Thursday.

HNA misses early payment on $272 million trust loan under liquidity pressure - sources

Feb 06 2018

BEIJING/SHANGHAI An HNA Group company has failed to make an early payment it had agreed to on a 1.7 billion yuan ($271.9 million) trust product that falls due next week, two sources with direct knowledge of the situation said, the latest indication of financial stress at the highly leveraged conglomerate.

China launches emergency probe on banks to check risky lending: sources

May 12 2017

SHANGHAI China's banking regulator this week launched emergency risk assessments of lenders' new business practices, sources told Reuters, as Beijing deepens its crackdown on shadow banking.

China orders banks to clear hurdles slowing private sector lending: sources

May 14 2016

SHANGHAI, May 14 - China's banking regulator has sent an urgent notice to banks telling them to clear bottlenecks slowing lending to private firms, sources with direct knowledge told Reuters, highlighting rising concern in Beijing about torpid private investment.

Exclusive - Chinese regulator asks banks to cut wealth management yields: sources

Jan 12 2016

SHANGHAI/BEIJING China's banking regulator and main bond clearinghouse have asked commercial banks to reduce rates they offer on high-yielding wealth management products (WMPs), five sources told Reuters, an apparent back-pedalling on commitments to let markets price credit.

Exclusive: Chinese regulator asks banks to cut wealth management yields - sources

Jan 12 2016

SHANGHAI/BEIJING China's banking regulator and main bond clearinghouse have asked commercial banks to reduce rates they offer on high-yielding wealth management products (WMPs), five sources told Reuters, an apparent back-pedalling on commitments to let markets price credit.

World News