Tag: cicc

As China's currency hits its highest levels since 2015, analysts say it’s not about to end there. That's already leading to steep foreign exchange losses for some Chinese exporters.

Chinese lenders could undergo a liquidity crunch as the central bank incorporates wealth management products as part of its regular credit assessment, CICC warns.

The discrepancy between China’s trade surplus and bank FX receipts in 2015 raises questions, says CICC. It predicts more intense scrutiny, with a focus on trade-based capital outflows.

The People’s Bank of China wavered on the renminbi’s fixed rate in the first week of 2016, leaving many puzzled as to its stance on the currency and questioning the transparency of its policies.

The latest in treasury, tax, audit, compliance and transaction banking positions posted on our website in the last seven days*.

While analysts generally believe China’s latest cuts would release more liquidity into the renminbi market, it is still too early to get excited, CT warns.

The latest in treasury, tax, audit, compliance and transaction banking positions posted on our website in the last seven days*.