Regulators downplayed their decision to take over troubled Baoshang Bank, just as another small lender with over $100 bln in assets said auditor EY quit. Officials can rescue banks, or not, but … ( read…
FINANCE
China’s ambassador to Canada to leave post later this month
In a speech at an event sponsored by BMO Financial Group and The Globe and Mail in late May, he lashed out at allegations that China is “an ’autocracy’ with ’no freedom’ and ’violating human…
China coordinates laws to combat global financial crime
Money laundering and global financial crime could undermine trade and investment in major financial markets, offshore centers, and emerging markets. The global phenomenon could put China at risk as … ( read original story …)
China wants to end impasse with Canada by meeting halfway: envoy
China’s ambassador to Canada says his government … since the December arrest of a Chinese telecom giant’s chief financial officer in Vancouver. The arrest of Huawei’s Meng Wanzhou was … ( read original story …)
Prepare for the 100-year war between the US and China
The rise of China is not an important cause of western malaise. That reflects far more the indifference and incompetence of domestic elites. Financial Times Anybody who believes a rules-based … ( read original story…
China wants to solve ‘serious difficulties’ with Canada by meeting halfway: envoy
And on China’s blocking Canadian canola imports, Lu considers the matter closed. Canada’s relationship with Beijing has deteriorated rapidly since the December arrest of a Chinese telecom giant’s … ( read original story …)
China warns citizens over US travel
The US and China are in the midst of an escalating war over trade that … The detention of the two Canadians came shortly after Huawei’s chief financial officer Meng Wanzhou was arrested in Vancouver…
China decades behind achieving economy goal
This shift is challenging a banking industry that hasn’t had the assessment of credit risk at the core of its business. Looking more broadly, the allocation of credit is just one part of a triumvirate…
Rare earth company Neo flies under the radar amid U.S.-China tensions
As fears take hold that China may restrict the flow of rare earths metals to the U.S., at least one Canadian company that uses the critical minerals may see a big upside. Toronto-based Neo ……
China manufacturing data suggests some damage from trade war
Most of Trump’s ire over trade has been directed at China, given its lion-sized importance to global manufacturing and its growing technological prowess. But last week the president heaped more … ( read original story…
Beijing, Berlin and the two 1989s
The 30th anniversary of that bloody event falls this week. Watching from the west at the time, the dramatic events in Berlin seemed more globally significant than what had happened in Beijing five … (…
Financial risks generally controllable in China: central bank
Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, on Sept 28, 2018. [Photo/VCG] BEIJING – The liquidity of China’s financial market has been sufficient with … ( read original…
China to offer financial support to sow farms to rebuild pig herd
* China urged provincial authorities on Monday to offer financial support to sow farms and large-scale pig farms to help stabilise pork production after African swine fever caused a sharp decline in … ( read…
ADVERTISEMENT
