Latest from Karen Yeung
If United States decides to block top Chinese firms from dollar financings, everyone will have to stop trading their bonds immediately, analyst says.
If United States decides to block top Chinese firms from dollar financings, everyone will have to stop trading their bonds immediately, analyst says.
China’s yuan exchange rate pulled back slightly on Monday after the central bank reduced the reserve requirement for foreign exchange forwards to zero.
China’s yuan exchange rate pulled back slightly on Monday after the central bank reduced the reserve requirement for foreign exchange forwards to zero.
Despite China being a world leader in testing its own digital sovereign currency, the People’s Bank of China was conspicuously absent from an international group discussion on global digital currency principles.
Despite China being a world leader in testing its own digital sovereign currency, the People’s Bank of China was conspicuously absent from an international group discussion on global digital currency principles.
A drop in China’s foreign exchange reserves could mean that there were money outflows from the country, or it could reflect a strengthening US dollar.
A drop in China’s foreign exchange reserves could mean that there were money outflows from the country, or it could reflect a strengthening US dollar.
The offshore yuan extended its rally against the US dollar on Tuesday after US President Donald Trump lost ground to Democratic nominee Joe Biden in new polls ahead of November’s election.
The offshore yuan extended its rally against the US dollar on Tuesday after US President Donald Trump lost ground to Democratic nominee Joe Biden in new polls ahead of November’s election.
China is strengthening supervision of cross-border flows at the same time the country is trying to generate investment and internationalise the yuan by opening capital markets.
China is strengthening supervision of cross-border flows at the same time the country is trying to generate investment and internationalise the yuan by opening capital markets.
US dollar bond defaults by Chinese firms have jumped threefold to US$12 billion so far this year from US$4 billion for all of 2019, shaking market confidence.
US dollar bond defaults by Chinese firms have jumped threefold to US$12 billion so far this year from US$4 billion for all of 2019, shaking market confidence.
China’s Ministry of Commerce announced details of its long-awaited blacklist over the weekend, but did not provide a list of names or a timetable for its release.
China’s Ministry of Commerce announced details of its long-awaited blacklist over the weekend, but did not provide a list of names or a timetable for its release.
The US Department of Commerce is due to release its findings next week on whether China’s yuan is undervalued and so constitutes an economic subsidy.
The US Department of Commerce is due to release its findings next week on whether China’s yuan is undervalued and so constitutes an economic subsidy.
Bringing the coronavirus under control quickly with strict lockdown measures has ensured that China will see a ‘stable environment for the continued recovery of the domestic economy’.
Bringing the coronavirus under control quickly with strict lockdown measures has ensured that China will see a ‘stable environment for the continued recovery of the domestic economy’.
Overall gross domestic product growth for developing Asia will contract by 0.7 per cent this year, marking its first negative economic growth since 1962, according to the Asian Development Bank.
Overall gross domestic product growth for developing Asia will contract by 0.7 per cent this year, marking its first negative economic growth since 1962, according to the Asian Development Bank.
Chinese leaders are seemingly shifting toward a stronger yuan exchange rate policy to develop the domestic consumption market under its new dual circulation plan.
Chinese leaders are seemingly shifting toward a stronger yuan exchange rate policy to develop the domestic consumption market under its new dual circulation plan.
White House considers adding manufacturer to blacklist that would force US suppliers to apply for an export licence.
White House considers adding manufacturer to blacklist that would force US suppliers to apply for an export licence.
In talks in Moscow, Wei Fenghe tells Indian counterpart that China cannot lose ‘one inch of its territory’.
In talks in Moscow, Wei Fenghe tells Indian counterpart that China cannot lose ‘one inch of its territory’.
Beijing may gradually decrease its holdings of US Treasury bonds if tensions with Washington continue to escalate, according to the state-backed Global Times.
Beijing may gradually decrease its holdings of US Treasury bonds if tensions with Washington continue to escalate, according to the state-backed Global Times.
Ministry of Commerce is drafting ‘negative lists’ that will provide a breakdown of sectors and industries that are off limits to foreign firms, but analysts say more information is needed to gauge effectiveness.
Ministry of Commerce is drafting ‘negative lists’ that will provide a breakdown of sectors and industries that are off limits to foreign firms, but analysts say more information is needed to gauge effectiveness.
Testing of digital yuan will expand in coming months as China also seeks to internationalise its currency to help offset threat of US sanctions cutting Chinese financial institutions off from dollar payment system.
Testing of digital yuan will expand in coming months as China also seeks to internationalise its currency to help offset threat of US sanctions cutting Chinese financial institutions off from dollar payment system.
Recent spate of cryptocurrency adverts across both Eastern and Western media outlets look to capitalise on concerns over restricted access to the US dollar payment system.
Recent spate of cryptocurrency adverts across both Eastern and Western media outlets look to capitalise on concerns over restricted access to the US dollar payment system.
More than US$50 billion in cryptocurrency assets have been moved abroad from China-based addresses in the last 12 months, according to a report.
More than US$50 billion in cryptocurrency assets have been moved abroad from China-based addresses in the last 12 months, according to a report.
China imposes strict controls to stem capital outflows and stabilise the yuan, but analysts say the measures come with ‘side effects’ that are becoming harder to undo.
China imposes strict controls to stem capital outflows and stabilise the yuan, but analysts say the measures come with ‘side effects’ that are becoming harder to undo.
The US dollar’s dominance in international financial transactions gives Washington a powerful tool that it uses to sanction people and institutions on a global scale.
The US dollar’s dominance in international financial transactions gives Washington a powerful tool that it uses to sanction people and institutions on a global scale.
Beijing has called for increased focus on ‘domestic circulation’ to boost self-reliance.
Beijing has called for increased focus on ‘domestic circulation’ to boost self-reliance.
The ‘dominant position of public ownership cannot be shaken’, general secretary of Chinese Communist Party says.
The ‘dominant position of public ownership cannot be shaken’, general secretary of Chinese Communist Party says.
Entry by American Express into China’s ‘previously untouchable’ payment market creates opportunity for finances to flow between China and the United States as bilateral relations deteriorate.
Entry by American Express into China’s ‘previously untouchable’ payment market creates opportunity for finances to flow between China and the United States as bilateral relations deteriorate.
US President Donald Trump has downplayed the importance of the phase one trade deal with China as top negotiators prepare to discuss progress on the pact in coming days.
US President Donald Trump has downplayed the importance of the phase one trade deal with China as top negotiators prepare to discuss progress on the pact in coming days.
Coronavirus pandemic has chilled global financial markets by shrinking volume of currency trading. Tokyo and Singapore are early winners as Hong Kong slips.
Coronavirus pandemic has chilled global financial markets by shrinking volume of currency trading. Tokyo and Singapore are early winners as Hong Kong slips.
China’s Ministry of Commerce has warned United States to stop using claims of alleged yuan undervaluation to justify the imposition of anti-dumping and countervailing duties on the imports of cheap twist ties from China.
China’s Ministry of Commerce has warned United States to stop using claims of alleged yuan undervaluation to justify the imposition of anti-dumping and countervailing duties on the imports of cheap twist ties from China.
While the US Federal Reserve’s aggressiveness in easing financial conditions has succeeded in halting a further decline in the US economy, companies could still go bankrupt.
While the US Federal Reserve’s aggressiveness in easing financial conditions has succeeded in halting a further decline in the US economy, companies could still go bankrupt.
Analysts say the long-term outlook for Hong Kong’s dollar peg is uncertain, as tensions between China and the US heat up following Beijing’s imposition of a security law on the city.
Analysts say the long-term outlook for Hong Kong’s dollar peg is uncertain, as tensions between China and the US heat up following Beijing’s imposition of a security law on the city.
Two Hong Kong women are examples of female professionals who have chased their career dreams and recognise the importance of seeking career-advancement opportunities even during the ongoing coronavirus pandemic.
Two Hong Kong women are examples of female professionals who have chased their career dreams and recognise the importance of seeking career-advancement opportunities even during the ongoing coronavirus pandemic.