May 23 (Reuters) - The People's Bank of China (PBOC) injected 128 billion yuan ($20.88 billion) into the banking system on a net basis this week. The PBOC has drained a net 461 billion yuan from the market so far in 2013. It injected a net total of 1

SHANGHAI, May 23 (Reuters) - China Railway Corporation, the new commercial entity created out of the restructured Ministry of Railways, auctioned its first issue of debt on Thursday, selling 20 billion yuan ($3.26 billion) of five-year medium-term no

By Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in recent months and bankers expect more firms to seek

By Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in...

By Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in recent months and bankers expect more firms to seek

By Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in recent months and bankers expect more firms to seek

By Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in...

China's four largest banks issued 233 billion yuan ($38 billion) new loans in the first 21 days of May, up 30% from the same period a month earlier, the 21st Century Business Herald reported Wednesday, citing unnamed sources.

China's four largest banks issued 233 billion yuan ($38 billion) new loans in the first 21 days of May, up 30% from the same period a month earlier, the 21st Century Business Herald reported Wednesday, citing unnamed sources.

SHANGHAI, May 22 (Reuters) - China's four major banks issued new loans of 233 billion yuan ($37.98 billion) by May 21st, 21st Century Business Herald reported on Wednesday, citing industry sources, adding that total loans for the month could reach 90

SHANGHAI, May 22 (Reuters) - CITIC Securities Co Ltd , China's biggest brokerage, plans to spend up to 2 billion yuan ($325.97 million) to acquire a 10 percent stake in China Asset Management, the country's top fund management company, it said late o

By AlphaVN Research:China is aiming to increase foreign trade by 8% in 2013 amid a slow recovery in the world economy and rising trade protectionism. The Yuan (CYB) has been steadily appreciating versus the dollar since last September and accounted f

* Domestic premiums at around 500 yuan/T over Shanghaifront-month contract

* Key 7-day money rate rises 2 bps to 4.40 pct * One-day repo rate jumps 34 bps to 3.39 pct * C.bank injects 101 bln yuan via open market on Tuesday By Chen Yixin and Kazunori Takada SHANGHAI, May 21...

HONG KONG, May 21 (Reuters) - Chinese state-controlled insurer PICC Property and Casualty Co Ltd (PICC P&C) is raising 5.76 billion yuan ($938 million) to bolster capital, expecting strong growth and amid signs that profitability of Chinese insurers

HONG KONG, May 21 (Reuters) - Chinese state-controlled insurer PICC Property and Casualty Co Ltd (PICC P&C) is raising 5.76 billion yuan ($938 million) to bolster capital, expecting strong growth and amid signs that profitability of Chinese insurers

HONG KONG, May 20 (Reuters) - Chinese state-controlled insurer PICC Property and Casualty Co Ltd said on Monday it plans a rights issue of shares in Shanghai and Hong Kong to raise a combined net 5.76 billion yuan ($938.28 million) to strengthen its

* Underground banking network remits billions of yuan daily

* Underground banking network remits billions of yuan daily

* Underground banking network remits billions of yuan daily

* Underground banking network remits billions of yuan daily

For the third year in a row (since the crisis) average pay at private companies in China surge by greater than double digits - far outstripping GDP growth. 2012 saw a 17.1% nominal rise in average wages for private companies to Yuan 28,752 per annum

In response to the sudden death of 24-year-old Ogilvy & Mather employee Li Yuan (aka Gabriel Li) at the agency's Beijing PR office, O&M China Director Sarah Guldin tells Business Insider that the rumors Li had worked excessive overt

May 16 (Reuters) - The People's Bank of China (PBOC) drained 35 billion yuan ($5.69 billion) from the banking system on a net basis this week. The PBOC has drained a net 589 billion yuan from the market so far in 2013. It injected a net total of 1.43

* Key 7-day money rate jumps 42 bps to 3.20 pct * C.bank drains 35 bln yuan via open market operation * Data shows money inflows increase By Chen Yixin and Pete Sweeney SHANGHAI, May 16 (Reuters) - China's money rates jumped on Thursday after the Peo

Thirty seven people have been arrested in a crackdown on fake condoms, China Daily reports. According to the state-run newspaper, more than 4.6 million fake contraceptives, worth around 47.7 million yuan ($7.8 million), were seized in raids

Guggenheim Investments, the eighth-largest U.S. ETF issuer, announce it will close the Guggenheim Yuan Bond ETF (NYSE: RMB), an ETF that represents just .01 percent of the firm's more than $14 billion in ETF assets under management.

May 15 (Reuters) - For a full statement on the results ofParkson Retail Group Ltd, which operates a network ofdepartment stores across China, please click on: http://www.hkexnews.hk/listedco/listconews/sehk/2013/0515/LTN20130515393.pdf (Reporting by

China's central bank and financial institutions bought a net 294.4 billion yuan ($47.48 billion) of foreign currency in April, compared with a net purchase of CNY236.3 billion in March, according to Dow Jones Newswires' calculations based on data iss

* Benchmark 7-day money rate falls 10 bps to 2.8 pct * PBOC conducts net drain of 21 bln yuan from money markets * Ample liquidity to keep money rates low * PBOC set to continue draining money from...

The notion of “too big to fail” helps explain why China struggles so much with the vexed question of opening its capital account and setting the yuan free, writes Craig Stephen.

SHANGHAI (Reuters) - Investors convinced China's currency is once again a one-way bet upward should think again: signs of slowing economic growth could cut short the yuan's rally.

SHANGHAI (Reuters) - Investors convinced China's currency is once again a one-way bet upward should think again: signs of slowing economic growth could cut short the yuan's rally.

Investors convinced China's currency is once again a one-way bet upward should think again: signs of slowing economic growth could cut short the yuan's rally.

Chinese financial institutions issued 792.9 billion yuan ($127.9 billion) of new yuan loans in April, down from CNY1.06 trillion in March and slightly below economists' expectations of CNY800 billion, data from People's Bank of China showed Friday.

BEIJING, May 10 (Reuters) - China extended 1.75 trillion yuan ($285.44 billion) worth of total social financing in April, central bank data showed on Friday, down from 2.54 trillion yuan seen in...

May 9 (Reuters) - The People's Bank of China (PBOC) injected 84 billion yuan ($13.68 billion) into the banking system on a net basis this week. The PBOC has drained a net 554 billion yuan from the market so far in 2013. It injected a net total of 1.4

* Seven-day repo rate rises 12 bps to 3.11 pct * PBOC sells 10 bln yuan bills, first sale since late 2011 * Its bill yield appears to signal stable interest rates * Market cautiously watches next...

* Economists suspect trade data conceals speculative inflows

* Economists suspect trade data conceals speculative inflows

* Economists suspect trade data conceals speculative inflows

China's four biggest banks extended 245 billion yuan ($39.7 billion) in new loans in April, down from the CNY330 billion they issued in March, the 21st Century Business Herald reported Tuesday, citing unnamed sources.

* Key 7-day money rate drops 1.73 bps to 3.1809 pct * Central bank injects net 85 bln yuan on Tuesday * Market expects net injection this week By Chen Yixin and Pete Sweeney SHANGHAI, May 7 (Reuters)...

* Key 7-day money rate drops 1.73 bps to 3.1809 pct * Central bank injects net 85 bln yuan on Tuesday * Market expects net injection this week By Chen Yixin and Pete Sweeney SHANGHAI, May 7 (Reuters) - China's money rates extended their declines on T

In the long run, China's currency's is a one-way bet. But Beijing gets nervous when events move too fast.

BEIJING, May 6 (Reuters) - China's cabinet has called for the drafting of detailed plans to help achieve full convertibility of the yuan, raising the prospect of accelerating reforms to free up the...

* Rules limit use of forex borrowing to speculate on yuan

SHANGHAI, May 6 (Reuters) - China Vanke the country's largest real estate developer said on Monday it sold 12.4 billion yuan ($2 billion)of property for the month of April, up 67.6 percent from the previous year.

* April new loans seen at 800 bln yuan vs March's 1.06 trln yuan * April M2 growth forecast +15.5 pct y/y vs +15.7 pct in March * April outstanding loan growth seen steady at 14.9 pct y/y * Data due...