(Bloomberg) — China saw an explosive surge in gold trading last week as the metal hit successive records and Sino-US trade tensions rose. Most Read from Bloomberg The Shanghai Futures Exchange saw trading volumes of the precious metal hit the highest level in a year last week. That was thanks to investors and industry players
(Bloomberg) — China has initiated stress tests with financial institutions on their bond investments, to make sure they can handle any market volatility should a record-breaking rally reverse, according to state-run media. Most Read from Bloomberg The People’s Bank of China has made a gradual start to the tests recently, wary that a bull run
BEIJING (Reuters) – China’s central bank will seek to “enrich” its monetary policy toolbox and will gradually increase buying and selling of treasury bonds in its open market operations, its second-quarter monetary policy implementation report said on Friday. The People’s Bank of China (PBOC) will also seek to steadily lower companies’ financing and household credit