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China Lets Yuan Rise Steadily, Pressuring Exporters 02/25/2021 | 10:16am EDT Send by mail : Message : By Stella Yifan Xie HONG KONG -- Chinas currency has continued to climb in value this year on the back of a strong economic recovery, and Beijing doesnt appear to be in a hurry to weaken it despite the pressure it is putting on exporters. The yuan has risen more than 9% against the U.S. dollar since June on the back of an export boom and massive investment flows. The greenback has w...

More than 170 cities in China have now joined a real-time air quality disclosure scheme, initiated by the Ministry of Environmental Protection.Launched in 2012, more than sixty cities had started publishing data from their monitoring stations by the end of that year. By January 2, 2014, 179 cities were giving real-time disclosure of air quality levels, according to a report

From:ChinaDaily   |  2021-02-18 07:14 It may be a better option for China to pay less attention to its GDP growth target this year or even set no growth target for a second consecutive year as it focuses on a high-quality development agenda, economists said on Wednesday. One of the hottest topics surrounding key annual meetings set for March called the two sessions is whether Beijing will retain its headline GDP growth target, they said. The question may signal key changes in economic poli...

Ex-Jones Day partner launches sustainability-focused boutique in Hong Kong 08 February 2021 Ben McQuhae & Co will choose work based on the UNs Sustainable Development Goals Ben McQuhae Former Jones Day partner Ben McQuhae has launched a boutique law firm in Hong Kong that will be focused entirely on sustainability and innovation. The eponymously named Ben McQuhae & Co says it aims to operate at the intersection of law, ESG and technology, providing advisory services to multinationals, small ...

XE Market Analysis: Europe - Feb 04, 2021 The dollar has clocked new highs for a fourth consecutive day, with the DXY index making a two-month peak at 91.36. This is also set to be the fourth week out of the last five weeks the dollar index has ascended. A near 15 bp rise in the U.S. 10-year note over the last week has been a supportive factor for the dollar, along with the 30-year bond yield posting 11-month highs, combined with the vote in the House of Reps yesterday that opens the partisan p...

The Globe and Mail Chris Flood Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer ALY SONG/Reuters Assets under management in China’s mutual fund industry surged 48 per cent to a record US$3.1-trillion in 2020, but huge demand for new funds is stoking fears that volatile investor inflows could sp...

By Reuters Staff 2 Min Read SHANGHAI (Reuters) - China saw record monthly inflows into new equity and balanced funds in January, as retail investors scramble for exposure to the bullish stock market. FILE PHOTO: Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China, February 15, 2016. REUTERS/Aly Song/File Photo Investors poured 414.8 billion yuan ($64.18 billion) last...

The spike in China’s overnight rate highlights Beijing’s challenge in reining in leverage.

Last week's Chinese Central Bank cash withdrawal, bubble warning sends chills through through China, Hong Kong financial markets.

China's short-term money rates climbed for a fourth straight day on Thursday, with some key tenors approaching the higher end of the interest rate corridor, as tight cash conditions persisted and market worries over a switch in authorities' policy stance mounted.