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About 29 results for "yu yongding"

China: escaping an impending doom

»China's fire next time

By Yu Yongding BEIJING - Earlier this year, rumors of China's impending financial doom - triggered by either a housing-market crash or local-government debt defaults - were rampant. But, in recent months, the economy has stabilized, leaving few ... Al Ghad, 1 week ago
China: escaping an impending doom, 1 week ago

The secret life of the renminbi

Leonid BershidskyWhen discussing whether the renminbi may eventually supplant the U.S. dollar as the dominant reserve currency, it's useful to keep in mind that we don't know how much Chinese currency the world's central banks already hold. That's ...
 Joins.com1 week ago The secret life of China’s renminbi  The Financial Chronicle1 week ago How much yuan is out there?  Futures1 week ago

China Swap Rate Drops to Six-Week Low on Net Cash Injections

China's one-year interest-rate swaps declined to the lowest level in six weeks as the central bank added cash to the financial system after a report showed a drop in lending last month. The People's Bank of China sold 30 billion yuan ($4.9 ...
 Bloomberg2 weeks ago

Credit Outlook Worsens For Chinese State Banks

The credit portfolios of the big four Chinese state banks are worsening thanks to a weaker housing market, and now the major lenders are getting serious about the non-performing loans on their books. The Bank of Communications, China's ...
 Forbes.com3 weeks ago
Reuters UK

Beijing expected to push back timetable to free yuan

There has never been a hard target date for a freely traded yuan, although the central bank had outlined a goal of making it basically convertible by 2015. That rhetoric has been toned down recently, and now analysts are looking to 2020, a deadline ...
 Business World3 weeks ago China seen pushing back timetable to free yuan  Global Times3 weeks ago Risk-averse China seen pushing back plans to free yuan  Sharenet3 weeks ago China seen pushing back plans to free yuan  Reuters UK3 weeks ago

China pushes back plan to free yuan

These arbitrage trades intensified in early 2013 as some firms falsified export invoices to funnel cash, mainly from Hong Kong, into the mainland, inflating export figures and triggering an official crackdown last June. "The full opening of the ...
 CNBC3 weeks ago
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