The World Bank on Wednesday raised China’s growth forecast for 2017 and 2018, citing an improved external environment and strong domestic demand. The bank now expects China’s economy to expand by 6.7 percent in 2017,…
Monthly Archives For October 2017
China’s Currency: Safer Than Japan’s Yen?
the renminbi’s recent strength is less about investors viewing the currency as a stalwart in troubled times and more about policy changes from the People’s Bank of China (PBOC). I also don’t think the renminbi…
China’s lending tumbles as Belt and Road gets a refresh
Government lending has been inflated in recent years by massive state loans between China and countries such as Pakistan, to which the Chinese government pledged US$46bn in 2015. The latest data from boutique investment banking…
Manufacturers Need Robust Approach to China to Put U.S.-China Relationship on MORE Productive Track
China has been a major focus of the Trump Administration, which is focused on the need to deal with the competitive challenges that China poses for the U.S. economy and to put the relationship on…
Meet the Rising Stars on Wall Street shaking up investing, trading and dealmaking
He holds the Chartered Financial Analyst designation and earned his undergraduate … markets for two years before departing to help build out the firm’s operation in Beijing. As Chinese conglomerates continued to flourish and binge…
China flexes its economic muscles to push green finance on the New Silk Road
China’s “Belt and Road Initiative” is likely to transform trading routes from Asia to Africa, the Middle East to Russia. With the world’s largest foreign reserves and a determination to build political and economic ties…
Bain files for China antitrust approval on $18 billion Toshiba chips deal: source
HONG KONG/TOKYO (Reuters) – The Bain Capital-led consortium that bought Toshiba’s chip unit for $18 billion last week has filed for antitrust approval in China, a source familiar with the matter said, but it may…
China builds world’s longest canal network spanning 1,400 kms, diverts 10 billion cubic metres of water to north
China has diverted 10 billion cubic metres of water from the south to its drought-prone northern regions including Beijing, which are home to 53.1 million people, aided by the world’s longest canal and pipeline network…
Beijing Dance Theater to Tour Outside Asia for the First Time with THE GOLDEN LOTUS
The Beijing Dance Theater presents The Golden Lotus, October 4, 5 and 6 at Mississauga’s Living Arts Centre for its second Canadian stop in its first-ever tour outside of Asia. The contemporary ballet is an…
Sharapova To Face Halep Wednesday In Beijing
In a rematch of their US Open opening round epic, Maria Sharapova and Simona Halep collide Wednesday in Beijing. Sharapova, who leads Halep 7-0, advanced to the third round after consecutive three set wins over…
Halep dumps despairing Sharapova out of Beijing
Beijing (AFP) – Maria Sharapova opened up on the despair she feels in defeat after she was ruthlessly knocked out of the China Open in the third round by Romania’s Simona Halep on Wednesday. The…
China State News Calls for ‘Iron Fist’ Regulation of Bitcoin Exchanges
The Chinese government’s media arm, the Xinhua News Agency, has defended regulators’ recent decision to outlaw token sales, or ICOs, and the voluntary closure of bitcoin exchanges that followed. Heavily critical of cryptocurrency exchanges, Xinhua…
Steve Kerr on China passport snafu: ‘I was not happy’
“You’re not going to like this” before informing Kerr about the news. Related Articles Warriors embrace changes to 2018 NBA All-Star game How Minnesota’s Tom Thibodeau tries to emulate Warriors’ vision Warriors spend first day…