Tuesday, May 18, 2021
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Tag: IMF

IMF Lifts GDP Forecasts for China Following Supply Side Structural Reforms

The International Monetary Fund's latest "World Economic Outlook" has raised its forecasts for China's economic growth for both the current year and next year. The...

IMF Says China’s Central Bank Needs More Independent Sway Over Rates

The International Monetary Fund said that the Chinese central bank should be granted independent control over interest rates, as well as make monetary policy...

China’s Debt Fuelled Growth Imperils Mid-Term Health for Short-Term Gain: IMF

The International Monetary Fund has said that the Chinese government's focus on shoring up short-term growth could be putting it on a "dangerous" path...

We Have the Ability to Maintain China’s Financial Stability: Li Keqiang

The Chinese premier has reassured the head of the International Monetary Fund about China's ability to maintain the health and stability of its finance system. Premier Li...

IMF Does Not Foresee Financial Crisis in China Anytime Soon

The IMF does not foresee a financial crisis in China or the Asia-Pacific region anytime soon, despite strong concern over soaring debt levels. Markus Rodlauer, IMF deputy director...

China’s Central Bank Backs Use of SDR’s for Domestic Debt

One of PBOC's senior-most officials has voiced strong support for the expand use of IMF's Special Drawing Rights in several areas, including for the issuance of...

IMF Says China’s Breakneck Credit Growth Still a Risk

  The Global Financial Stability Report issued by the International Monetary Fund (IMF) on 19 April has expressed strong concerns about the risks associated with ongoing excessively rapid growth...

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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...