As Washington’s concerns over China’s state-subsidised financing grew, the Export-Import Bank of the United States was reopened with an emboldened mandate. ( read original story …)
FINANCE
Biometrics Banking Market Is Booming Worldwide : Biolink Solutions, Ample Trails, Digital Persona, Authentik Solutions
Stay up-to-date with Biometrics Banking Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. ( read original story …)
Bitcoin’s mainstream charge raises stakes for central bank digital cash
As cryptocurrencies increasingly go mainstream, pressure is growing on the world’s biggest central banks to move forward with their plans to issue … ( read original story …)
China congratulates former Nigerian finance minister Dr. Ngozi Okonjo-Iweala on her appointment as new WTO head
AFP “China congratulates Ngozi Okonjo-Iweala on her appointment as the new director-general of the WTO,” says an official from China’s commerc … ( read original story …)
‘Let’s think big’: Germany wants to work closely with Biden on trade, China, climate
BERLIN: Germany wants Europe and the United States to strengthen transatlantic ties with a trade deal to abolish industrial tariffs, a WTO reform … ( read original story …)
Ex-Im Bank: Reimagine, Don’t Exit
Though often maligned, the Ex-Im Bank makes the U.S. more competitive in international markets. Few federal agencies attract as much derision and contempt from free-market conservatives as the … ( read original story …)
China Expands its Political Control in the South China Sea
China has earned itself a reputation as a bully in the South China Sea. Its relentless coast guard patrols, frequent maritime militia operations and regular naval deployments are well documented. ( read original story …)
China’s overseas investment is falling just when the global economy needs it most
Chinese investment, in physical infrastructure especially, has been a key driver of global growth alongside its GDP contribution. Its decrease over the past few years is bad news for a global economy … ( read…
China’s top 5 infrastructure projects set to cost US$131 billion, but overall investment set to drop amid debt fears
China turned to its old playbook to drum up growth amid the coronavirus outbreak by boosting investment spending on infrastructure projects, but that has also added to overall debt levels. ( read original story …)
CDB loans to Beijing-Tianjin-Hebei region hit 628.7 bln yuan in 2020
The China Development Bank CDB one of the country policy banks has issued 6287 billion yuan about 974 billion US dollars … ( read original story …)
China Fintech 50 Report Updated to Reflect Financial Tech Industry’s Rapid Growth, includes AirWallex, JD Digits, OneConnect, WeLab, Others
China Fintech 50 Report updated to reflect financial tech industry’s rapid growth, includes AirWallex, JD Digits, OneConnect, WeLab, others. ( read original story …)
Biden aims to isolate China on coal — but it could blow back on the U.S.
The U.S. wants to stop new coal projects, but risks losing poor countries to Beijing’s “Belt and Road” agenda. ( read original story …)
Taiwan’s opposition KMT seeks foothold in US, but is it too Beijing-friendly?
Kuomintang aims to court US support by reopening its Washington office, closed after it last won power in Taiwan, but anti-Beijing sentiment there has hardened. ( read original story …)
