The resulting decisions will likely impact financial and monetary policy as well as broader regulatory trends that shape economic growth, the business environment for multinational companies (MNCs) doing business in China, and China’s projection into…
Monthly Archives For October 2017
China close to matching US in foreign aid flow — but often with Beijing’s own interests in mind
While China could be set to usurp the U.S. as the leading donor of foreign aid throughout much of the developed world, AidData researchers stressed the country’s lack of transparency meant its aid activities remained…
Unprecedented trove of data maps China’s growing global reach and self-interest of its aid
On the list of China’s contributions overseas, there is hurricane relief, books and mosquito nets. But it is the grants and loans for building national roads — even a nuclear power plant — that have…
China’s secret aid empire uncovered
They tracked money flows from China to recipient countries using news reports, official embassy documents and aid and debt information from China’s counterparts. Piece by painstaking piece, the information came together to draw a relatively…
China catching up to U.S. in foreign aid flow: report
China gave or lent $354.4 billion in the 15 years ending in … The 5-year-old project used a computerized system to look for information from more than 15,000 sources including news reports, Chinese government offices,…
China to Debtors: Pay Up or Be Shamed
China’s online giants were not mentioned in official news reports about the plans, but experts say they are likely to play a major role in the establishment of nationwide credit-scoring systems. Ant Financial — an…
No Vacancies: Airbnb shutters Beijing rentals ahead of Party Congress
BEIJING (Reuters) – U.S. short-term rental service Airbnb Inc has removed listings in Beijing as the capital prepares to host a five-yearly Party Congress later this month, the most important event on China’s political calendar…
China’s $37 Trillion Problem
According to new data, china’s shadow Banking is now a $37 trillion problem. The global economy is currently in the middle of a period of strength. Business optimism is strong, and most regions are showing…
U.S. Treasury dashes hopes for near-term World Bank capital hike
China is the World Bank Group’s third-largest shareholder, with 4.77 percent of voting power. But China also controls 28.7 percent of the new Beijing-based Asian Infrastructure Investment Bank, which has $20 billion in paid-in capital,…
BMW eyes China joint venture with Great Wall: source
“Our business development with the joint venture BMW Brilliance Automotive will continue as planned, and we will carry on to invest and develop our joint venture.” A Great Wall official declined to comment. BMW’s China…
China’s Communist Party makes final preparations for key congress
BEIJING (Reuters) – China’s Communist Party opened a meeting on Wednesday to make final preparations for a key party congress later this month, state media said, a five-yearly event where President Xi Jinping is expected…
Is funding drying up for China’s internet finance on tighter scrutiny?
Chinese online lending platforms mostly declined on Wednesday morning in the A-share market, after data showed that the amount of funds raised for China’s internet finance platforms fell for a third straight month in September…
China appoints new top graft-busters at key financial regulators
BEIJING (Reuters) – China’s Communist Party has named new top officials to lead anti-corruption agencies at the country’s banking and insurance regulators as it makes final preparations for a twice-a-decade party congress later this month.…
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