Foreign investors are still increasing their holdings of Chinese financial assets, International Financial News reported on Monday. Foreign investors value long-term economic growth and capital market …
FINANCE
Beijing Embraces ‘Moral Hazard’ – The Huarong Bailout Was The Right Move
Sometimes, there are reasons to backstop a failing enterprise. A Huarong default in the dollar bond market would have risked wider damage to China’s strategic agenda in Global Finance.
Hong Kong must speed up economic development and integration with nation, Beijing officials warn lawmakers
After losing so much time to political infighting, Hong Kong needs to roll up its sleeves and focus on moving forward, Huang Liuquan of the State Council’s office overseeing the city’s affairs tells …
China’s War on Social Inequality Could Actually Lift Emerging Markets
A plan to bolster the Chinese middle class signals a shift away from corporate profitability. That means some investors could look for other places to put their money.
China Hints At Giving Financial Aid To Afghanistan Amid Global Pushback
China on Monday hinted at stepping up financial assistance to the Taliban-controlled Afghanistan, saying it will play a “positive role” in helping the war-ravaged country amid global pushback to stop …
China Isn’t An Economic Superstar
Long-time readers know that I periodically pour cold water on the notion that China is an economic superstar.Yes, China did engage in some economic liberalization late last century, and those reforms …
Global Tax Reform and China
The concept of two pillars has gathered momentum worldwide. China may get more tax revenues from the first reform, and the second will have minimal impact. Global tax reform will also have a …
New Chair of 205-Year-Old Swire Looks to China for Future Growth
As chairman of Swire Pacific Ltd., Merlin Swire steered the 205-year-old Hong Kong business empire through some of its worst crises in recent times, including the pandemic that almost sank its …
China hints at providing financial aid to Taliban controlled Afghanistan
In his media briefing on Monday, Chinese Foreign Ministry spokesman Wang Wenbin hit out at the US saying it is “main perpetrator” for the Afghan crisis and Washington cannot leave without doing …
China’s growth, oil demand is reverting back to pre-COVID times: Vandana Insights CEO
Vandana Hari, Vandana Insights Founder & CEO, joins Yahoo Finance Live to discuss why an oil prices have recently rebounded amid the pandemic as well as weigh in on the outlook for China’s economic …
China Ramps Up Supervision of Accountants to Check Financial Fraud
The Chinese government has brought out new rules to stiffen oversight of accounting firms in a bid to curb financial fraud in the industry. The document the State Council, or cabinet, issued today was …
CNFinance Announces Second Quarter and First Half of 2021 Unaudited Financial Results
CNFinance Holdings Limited (NYSE: CNF) (“CNFinance” or the “Company”), a leading home equity loan service provider in China, today announced its unaudited financial results for the second quarter …
Fitch Revises China Huarong’s Rating Watch to Positive, From Watch Negative
Fitch Ratings has revised the Rating Watch on China Huarong Asset Management Co., Ltd.’s ‘BBB’ Long-Term Issuer Default Ratings (IDR) and the notes issued under its subsidiaries – Huarong Finance II …
