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...Zhu Hexin, PBoC vice-governor and head of the State Administration of Foreign Exchange, the manager of China’s FX reserves, warned markets this week that “the central bank is determined and unwavering in...
...The unit relied on earning fees by attracting young online clients to take out loans from smaller Chinese banks....
...Robin Zhu, a gaming sector analyst with Bernstein in Hong Kong, described Friday’s sell-off in a note as “The Nightmare Before Christmas”, and warned that the impact on smaller game developers could be worse...
...Hong Kong has always attracted entrepreneurs, but its hyper-expensive property market has rarely been hospitable to those running scrappy young galleries....
...ByteDance insourcing its domestic cloud workloads,” said Zhu....
...Cheng Li-chun, a former culture minister and Lai confidante, will be Cho’s deputy and in charge of implementing reform proposals from Lai’s campaign platform which she helped draft....
...Analysts said Yi was still a relatively young official at 59 and a member of the Communist party central committee, so another job might be found for him....
...“Our baseline scenario is that there will be no LGFV default, because the government will provide a strong implicit guarantee,” said Zhu Haibin, chief China economist with JPMorgan....
...target — that would usually come during China’s annual parliamentary meeting in March — economists believe the government could target 5 per cent again, which would be “challenging but deliverable”, said Zhu...
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...“Debt swaps are actually credit-positive for banks, as the borrowers’ credibility profiling is enhanced and the debt becomes obligations of higher provincial governments,” said Nicholas Zhu, banking analyst...
...They are trying to attract young people.”...
...Zhu at China Europe International Business School noted the government was limited by downward pressure on the exchange rate....
...With additional reporting by Cheng Leng in Hong Kong, Ryan McMorrow in Beijing and Sun Yu in New York...
...It feels very young and energised at this particular moment. I really want people to come and visit....
...ByteDance insourcing its domestic cloud workloads,” said [Bernstein analyst Robin] Zhu....
...The young Taiwanese visitors to the winter camp in Jilin province got a taste of that....
...Unlike many Chinese people of her generation, Zhu Xiangjuan does not believe in saving money, nor does she like formal schooling....
...No country for young grads For many young students in China today, the joy of graduation is overshadowed by worries about their future careers, write Nikkei Asia’s Marrian Zhou and CK Tan....
...Zhu warned this month that the ministry would step up its campaign and set up a “high-tension wire” to eliminate accounting wrongdoing and fraud....
...Zhu took other roles in rival Bank of China and in the local government in western Sichuan province before he was appointed as vice-governor at the PBoC in 2018....
...Five top stories from the world of work Quit-Tok: Why young workers are refusing to leave their jobs quietly The FT’s Josh Gabert-Doyon and Dan Thomas go behind the viral trend for young (predominantly...
...Zhu Jiangnan, an expert in Chinese corruption at the University of Hong Kong, said the leadership genuinely saw a “serious problem” in the risks of financial sector corruption damaging stability....
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