China just reminded the United States that Beijing is its banker

CNBC
U.S. bonds sold off on Wednesday — and that may have been the point.

Exclusive: China's Belt and Road Acquisitions Surge despite Outbound Capital Crackdown

Kane Wu and Sumeet Chatterjee
Reuters
Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China’s acquisitive conglomerates to restrict capital outflows.

China Reclaims Spot as World's Biggest Holder of Treasuries

Andrew Mayeda and Katherine Greifeld
Bloomberg
China reclaimed its position as the top foreign owner of U.S. Treasuries after increasing its holdings for the fifth straight month.China’s holdings of U.S. bonds, notes and bills rose to $1.15 trillion in June, up $44.3 billion from a month earlier...

Caixin Media

06.05.17

China to Boost Checks on Overseas Spending

China is stepping up supervision of the use of bank cards overseas, a move the foreign-exchange regulator says is needed to fight money laundering, terrorist financing, and tax evasion.Starting September 1, banks will be required to report on a...

How China Lost $1 Trillion

Keith Bradsher
New York Times
It’s a lot of money—but it’s shrinking.

China’s Forex Reserves May Beat Expectations: Analyst

Leslie Shaffer
CNBC
China’s foreign-exchange reserves data for January, due on Tuesday, may surprise on the upside after a long downtrend, an analyst said.

China Challenged to Keep Yuan Stable as Dollar Rises

Lingling Wei
Wall Street Journal
PBOC must support growth while keeping currency valuable enough to stem flood of wealth abroad.

Media

02.22.16

Leave China, Study in America, Find Jesus

Shelly Cai was 18 years old when she left the southern Chinese metropolis of Nanjing to enroll in the University of Wisconsin-Madison. In August 2010, after a 13-hour flight from Shanghai to Chicago and a three-hour bus ride, Cai finally arrived in...

Top 10 China Dependent Countries

Kenneth Rapoza
Forbes
A list of the top 10 countries exporting to China and the year-to-date performance of their corresponding exchange traded funds.

Media

11.18.15

Chinese Students in America: 300,000 and Counting

Bethany Allen-Ebrahimian
In 1981, when Erhfei Liu entered Brandeis University as an undergraduate, he was only the second student from mainland China in the school’s history. “I was a rare animal from Red China,” Liu said in a September 1 interview with Foreign Policy, “an...

Conspiracy Theories Abound About China’s Gold Purchases

Tom Holland
South China Morning Post
Huge imports of gold have fueled speculation about the mainland’s intentions, including an alleged bid to launch a global monetary system.

Caixin Media

06.03.13

Trading Companies and the Business of Illusion

Last year, the owner of an export-processing company whom we will call Lin Minyao learned of an easy way to make money in Shenzhen, the port city next to Hong Kong.Like his fellow traders, Lin said he could set up two shell companies, one in Hong...

Conversation

03.01.13

Is America’s Door Really Open to China’s Investment?

Daniel H. Rosen, Orville Schell & more
Daniel Rosen:There have not been many new topics in U.S.-China economic relations over the past decade: the trade balance, offshoring of jobs, Chinese holding of U.S. government debt, whether China’s currency is undervalued and intellectual property...

Reports

02.20.12

China’s Banking System: Issues for Congress

Michael F. Martin
Peony Lui
Congressional Research Service
China’s banking system has been gradually transformed from a centralized, government-owned, and government-controlled provider of loans into an increasingly competitive market in which different types of banks, including several U.S. banks, strive...