Asia Pacific
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IMF efforts to win back Asian nations will continue as it seeks to persuade them to take out “insurance” in the form of expanded IMF facilities, rather than holding foreign exchange reserves, Fund deputy managing director Naoyuki Shinohara has said -
China is moving fast to create an offshore renminbi currency market. The redback finally seems willing to take on the greenback
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China's top banking regulator Liu Mingkang argues that recent efforts at global financial reform have fallen short
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The IMF is working with the Chinese government to improve access to financial services, as a means of boosting domestic consumption, Anoop Singh, the Fund director for Asia and the Pacific, said yesterday.
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Following last year’s credit binge, China’s banks are now entering a new and exacting phase of life. But even if regulators demand more prudence, it’s unlikely to be at the expense of economic growth
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The symbolism of dropping to third place behind China in the global economic league table might be the wake-up call that Japan’s leaders need to focus on reviving growth. Not everyone is betting on it
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If Beijing raises interest rates too quickly, debt and bankruptcy will surge and growth could collapse. But failure to hike rates will delay a much-needed rebalancing of China’s economy, argues Peking University's Michael Pettis
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Macau’s central bank has given permission to the local unit of Industrial Commercial Bank of China (ICBC) to sell bonds denominated in Macanese pataca — and heralded the subsidiary’s Hong Kong dollar bond last week as a big step in the development of Macau’s financial system.
