The U.S. has been locked in trade battles with the Chinese Communist Party for the last several years under the Trump administration. ( read original story …)
FINANCE
China overtakes U.S. as top foreign-investment destination, more big banks beat expectations, and new investors rise in India: This Week in Finance
Welcome to This Week in Finance, your weekly roundup of the conversations trending among financial professionals on LinkedIn. Click Subscribe to be notified of each edition. ( read original story …)
UN agency reports China surpassed US in foreign direct investments in 2020
A United Nations trade agency reported that China surpassed the U.S. as the largest recipient of foreign direct investments (FDI) in 2020. ( read original story …)
China takes new foreign investment top spot from US
China has overtaken the US as the world’s top destination for new foreign direct investment, according to UN figures released on Sunday.New investments into America from overseas companies fell by … ( read original story…
Transformation and Internationalization of China bond market
Tectonic shifts in technology and the transformation of global finance over the past two decades have dramatically changed the way investors trade bonds. Nowhere is this more evident than in the … ( read original…
China: Firm financial performance good sign for international revival
China managed to manage the coronavirus early on, and record a positive economic expansion in 2020, which are good signs for global economy, a scholar stated here in a new interview with Xinhua. … (…
China Evergrande New Energy Vehicle Company Attracts 6 Investors To Raise $3.4 billion
The electric vehicle unit of property developer China Evergrande Group said on Sunday it would bring in six new investors and will raise $3.4 billion to repay debt and fund research, Reuters has … (…
Chinese banking sector assets up 10.1 pct in 2020
The total assets of China banking sector saw steady expansion in 2020 data from the country top banking and insurance regulator sh … ( read original story …)
Pandemic Lockdowns in China Loom Amid Weak Consumer Spending
China’s retail sales remain a weak spot, and spending during the coming Chinese New Year will be curtailed by pandemic restrictions. ( read original story …)
China, Kenya agree repayment holiday on US$245 million worth of debt
Deal was struck just hours before Nairobi was due to make its first repayment on a US$1.48 billion loan from the Export-Import Bank of China. ( read original story …)
U.S. Doesn’t Need Europe’s Help in China Trade War
With an economic showdown between the U.S. and China looming over the new Biden administration, it’s increasingly clear that the European Union wants to sit this one out. That presents the U.S. with a ……
China Says Crackdown on Fintech Not Aimed at Specific Firms
China’s banking regulator said recent measures to rein in financial technology firms that have hit hard at giants such as Jack Ma’s Ant Group Co. weren’t aimed any specific company and have been well ……
UPDATE 1-China’s antitrust moves not aimed at private sector, specific firms, regulator says
China’s recent antitrust measures are not aimed at private firms, and will not hinder their development, a senior banking and insurance regulator said on Friday. ( read original story …)
