China wants qualified foreign-invested firms to list on its domestic stock markets, but Beijing will have to address some fundamental issues before such listings can really take off. [more]
The China Peoples Congress opens with Prime Minister Wen Jiabao declaring inflation the major enemy. Colin Chapman examines whether the Chinese and other Asia-Pacific economies are now de-coupling from that of the United States. [more]
China’s social security fund says it could begin to assume control of the government’s shares of public state-owned companies. This could be a huge gamble for Beijing. [more]
Beijing is moving in to prop up Chinese investor confidence. If Chinese stock markets take a severe dive, the life savings of the middle to upper-middle class could vaporize overnight. [more]
Domestic consumption has overtaken investment as the top driver of Chinese economic growth, although the government -- more than private shoppers -- is the reason. [more]
The U.S. Securities and Exchange Commission is set to sign a memorandum of understanding with the China Banking Regulatory Commission allowing Chinese banks to buy shares in U.S. stock exchanges on behalf of Chinese investors within a matter of days. [more]
The share prices of Chinese firms listed in the Singapore exchange rose 7.6 percent after the Beijing Daily reported Jan. 24 that the China Banking Regulatory Commission has given Chinese banks the green light to buy equity shares in the Singapore stock exchanges. [more]
China's most internationally exposed state-owned commercial bank, the Bank of China, is planning a significant write-down at the end of 2008 to cover for botched investments in the U.S. subprime mortgage securities market, the South China Morning Post reported Jan. 21. [more]
China’s National Development and Reform Commission said Jan. 17 that new curbs on food prices will not impact the country's market-based pricing system. [more]
The Chinese government appears to be on the brink of buying a chunk of American financial house Citibank. This move is all about domestic Chinese concerns, not gaining influence over the U.S. financial scene. [more]
The vice governor of China's southern province of Guangdong said that, in support of the central government’s fight against inflation, Guangdong might divert profits away from its state-owned power grid company in order to subsidize household and industrial electricity users. [more]
Chen Qichang, vice president of the Hong Kong-based Bank of East Asia, said that the bank plans to become the first foreign company to be listed in China's domestic A-share market. [more]
The Financial Times reported Jan. 4 that a Hong Kong-based subsidiary of China's State Administration of Foreign Exchange has snapped up stakes of less than 1 percent in three of Australia's four largest banks. [more]
China is working to set up a banking system similar to its existing one, specifically to cater to its rural economy. This is part of Beijing's broader plan to decrease the wealth and development gaps between China's rural and urban areas. [more]
