1. Chinese banks' profits will weaken even more in the second half of 2020, says Fitch Ratings  CNBC
  2. China to relax rules for foreign investors in onshore bond market  South China Morning Post
  3. China Allows Stronger Yuan as President Xi Turns Focus to Home  Yahoo Finance
  4. Is Wall Street winning in China?  The Economist
  5. Why is Wall Street expanding in China?  The Economist
  6. View Full coverage on Google News

China is drafting new rules to make it easier for foreign institutional investors to buy onshore bonds, as Beijing steps up efforts to lure overseas investment.China is drafting new rules to make it easier for foreign institutional investors to buy onshore bonds, as Beijing steps up efforts to lure overseas investment.

Update: China Moves to Ease Foreign Access to $15.4 Trillion Bond MarketDraft regulations propose to simplify applications for foreign bond investors and unify investment rules as part of a long-pursued opening-up strategy

Update: China Moves to Ease Foreign Access to $15.4 Trillion Bond Market - Caixin Global

As America tries to cut links, China is opening its door to foreign capital and firmsAs America tries to cut links, China is opening its door to foreign capital and firms

Present tense, future market - Is Wall Street winning in China? | Finance & economics | The Economist

(Bloomberg) -- Beijing is allowing faster gains in the yuan as it seeks to cheapen imports and bolster weak consumer spending.That’s one theory touted by DBS Bank Ltd. and Mizuho Bank Ltd., who say a stronger yuan is ideal for Beijing at a time when Chinese President Xi Jinping is pushing for a more(Bloomberg) -- Beijing is allowing faster gains in the yuan as it seeks to cheapen imports and bolster weak consumer spending.That’s one theory touted by DBS Bank Ltd. and Mizuho Bank Ltd., who say a stronger yuan is ideal for Beijing at a time when Chinese President Xi Jinping is pushing for a more

China Allows Stronger Yuan as President Xi Turns Focus to Home

China Bank sets up $2-billion euro note program | BusinessWorld

The economic gloom cast by the virus has given banks a reason to bring out the worst of their assets. Under new accounting rules, they need to provision more upfront if they expect things to deteriorate. It appears they do.The economic gloom cast by the virus has given banks a reason to bring out the worst of their assets. Under new accounting rules, they need to provision more upfront if they expect things to deteriorate. It appears they do.

View: Chinese banks have a problem that even $96 billion can't fix - The Economic Times

SHANGHAI: Foreign investors in August raised their holdings of China bonds for the 21st month in a row, lured by a rising yuan and attractive yield premiums.SHANGHAI: Foreign investors in August raised their holdings of China bonds for the 21st month in a row, lured by a rising yuan and attractive yield premiums.

Foreign investors buy China bonds for 21st straight month | The Star