“It’ll be a great deal for our farmers. Technology, intellectual property theft — everything is covered. There’s not a thing that’s not covered,” he said. Trump is slated to meet with China’s top … (…
Monthly Archives For April 2019
World Bank board approves U.S. Treasury’s David Malpass as next president
This time around, bank board members had said there was little appetite for a challenge to a U.S. candidate from developed economies such as Europe and Japan, and from larger emerging markets such as ……
Japan’s Nomura axing jobs, bank branches to cut costs by $1-billion
The plans include pursuing “strategic growth opportunities” in China, where the bank last week received regulatory approval to set up a majority-owned brokerage joint venture. For the year ended in … ( read original story…
Trump’s pick to head the World Bank wins election
He has complained that the bank was lending too much money to China at the expense of poorer nations that do not have the same access to global capital markets as China. However, in his…
Commonwealth Bank of Australia Purchases 4,884 Shares of Yum China Holdings Inc (YUMC)
Commonwealth Bank of Australia raised its position in Yum China Holdings Inc (NYSE:YUMC) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange … ( read original story…
Donald Trump’s nominee David Malpass, a World Bank sceptic who wants loans to China cut, is elected to lead the global lending organisation
David Malpass, the Treasury official nominated by US President Donald Trump to head the 189-nation World Bank, was elected to the job on Friday. Malpass was approved unanimously by the bank’s … ( read original…
U.S. conducted secret surveillance of China’s Huawei, prosecutors say
U.S. authorities claim Huawei used Skycom to obtain embargoed U.S. goods, technology and services in Iran, and to move money via the international banking system. The charges against the company … ( read original story…
World Bank board elects U.S. Treasury’s Malpass as next president
This time around, bank board members had said there was little appetite for a challenge to a U.S. candidate from developed economies such as Europe and Japan, and from larger emerging markets such as ……
Trump nominee wins job to run World Bank
a priority that could cause friction with the World Bank’s more affluent borrowers, including China. “The poorest countries face the steepest challenges. In sub-Saharan Africa, the number of people … ( read original story …)
Survey: CEOs worry China trade relations could be ‘rocky’ for foreseeable future
A new survey shows executives that do business in the United States and China are “cautiously optimistic” about the future of their businesses — but they worry a trade deal between the two countries ……
China keeps gorging on California pistachios despite tariff threat
Shipments to China fell by about a third in February. It’s too early to tell if that February dip is concerning or just a blip. For now, American farmers are hoping it’s business as usual.…
U.S., China key to GSK’s consumer venture with Pfizer
“U.S. and China are must-win markets … the-counter products – after agreeing the deal with the consumer health business that Pfizer tried, and failed, to sell previously. ( read original story …)
China’s banks defy Beijing by pumping loans into property, despite economic slowdown
Despite Beijing’s push for state-owned banks to lend more to private companies, half of new loans issued by China’s big six banks last year went to individual property buyers. Data retrieved through … ( read…
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