Invest in infrastructure for post-Covid growth, IMF urges

Invest in infrastructure for post-Covid growth, IMF urges

The International Monetary Fund on Monday said member governments should seize a low interest rate opportunity to invest in infrastructure to drive recovery from the coronavirus pandemic and a shift toward greener energy. The IMF said in chapters from it fiscal monitor that its research shows public investment in infrastructure, ...

Continue reading

The incredible shrinking world economy and G-3 central bankers

The incredible shrinking world economy and G-3 central bankers

WASHINGTON - The world's top central bankers have opened the taps with trillions of dollars in promised credit to prevent a global pandemic from causing a global economic depression. On Tuesday they will update their plans in presentations that could begin to signal just how much more they feel they ...

Continue reading

PBoC quarterly survey shows Chinese consumers ready to invest

PBoC quarterly survey shows Chinese consumers ready to invest

(ATF) The People's Bank of China has said a recent survey shows that 67% of residents believe that their income is “basically unchanged” this quarter, and just under 16% of residents believe that their income has “increased”. In fact, this was the case in the last quarter, when 64.5% of ...

Continue reading

China’s top financial brass outline all reforms of 2020

China’s top financial brass outline all reforms of 2020

(ATF) The association of Interbank Market Dealers has called to give full play to the advantages of the interbank bond market to provide strong financing support for market entities. On September 29 and 30, the Central Bank held a series of press conferences on "Financial Support to Market Entities." Cao ...

Continue reading

China accelerates launch of REIT projects

China accelerates launch of REIT projects

(ATF) The pilot public offering of Real Estate Investment Trusts - better known as REITS - has “quietly entered the countdown period" in China, according to the China Securities Journal. At the China REITs Forum 2020 meeting, jointly hosted by the Shanghai Stock Exchange and others on September 27, Chen ...

Continue reading

China needs to step up global financial integration: FX regulator 

China needs to step up global financial integration - FX regulator 

SHANGHAI: China needs to further open its capital markets and financial industry to avoid being globally isolated, a senior foreign exchange regulator has said. China will conform to international rules to promote further integration of its capital markets, and continue interest rate and exchange rate reforms in a steady and ...

Continue reading

Chinese liquor giant Moutai bailing out its struggling brothers

Chinese liquor giant Moutai in home province rescue  

(ATF) The holding company of China’s most valuable listed company, liquor giant Kweichow Moutai, plans to issue up to 15 billion yuan ($2.2 billion) in bonds to help a state-owned highway operator pay off its debts. This is not the first time that impoverished Chinese local governments have asked wealthy ...

Continue reading