Its LGFVs also pay the highest yields, at 6.14 per cent. High interest costs prompted local officials to seek cheaper refinancing from China Development Bank (CDB), the biggest so-called policy bank, … ( read original…
FINANCE
Here’s Where China’s Debt Iceberg Shows the Biggest Risk
(Bloomberg) — In China’s financial system, the bigger the role of the state, the cheaper the funding costs. As a rule. But in one corner of the country’s $13 trillion bond market, something different ……
China Warns About ‘Unwavering Resolve’ to Fight U.S. ‘Bullying’
(Bloomberg) — China could retaliate against the U.S. after President Donald Trump blacklisted Huawei Technologies Co., the Chinese ambassador to the European Union said. Trump upped the ante in his … ( read original story…
Jack Ma Is Selling Cancer Coverage for Pennies a Month in China
“They wouldn’t attempt it.’’ Call it crowdfunding for health care – an emerging industry in China that itself is becoming crowded. Ant Financial is one of at least 50 companies, including ride hailing … (…
Can We See Significant Insider Ownership On The China Goldjoy Group Limited (HKG:1282) Share Register?
China Goldjoy Group isn’t enormous … which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual ……
Morgan Stanley: More tariffs on China could trigger a global recession
China would again upsize its fiscal stimulus to 3.5% of GDP, Ahya said. “But, a reactive policy response and the usual lags of policy transmission would mean that we might not be able to avert…
Velotrade completes first cross border trade financing transaction into Mainland China with QEX
It is one of the financial asset exchanges with the strongest capital power, standardized operation and outstanding business characteristics in China. The main business of the former exchanges … ( read original story …)
Does ‘Impeach Trump’ Amash Have Financial Interests in China?
Republican Representative from Michigan Justin Amash’s calls for President Trump’s impeachment may be motivated by his own financial interests in China, it has been revealed. Republican Representative … ( read original story …)
As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain
China has spent nearly two decades building a digital wall between itself and the rest of the world, a one-way barrier designed to keep out foreign companies like Facebook and Google while allowing … (…
Bloomberg’s economic forum invited to Beijing
Mr Bloomberg, owner of the eponymous financial information provider and former mayor of … That risk remained “a real possibility”, he told the FT on Monday, but Beijing’s invitation to the forum was … (…
Bloomberg and the China Center for International Economic Exchanges to Host New Economy Forum in Beijing in November 2019
“I am looking forward to this year’s meeting in Beijing, where we will discuss harnessing technology and innovation to improve the global economy.” Bloomberg, the global business and financial … ( read original story …)
Ke Finance & Ke.com Jointly Launch One-stop Housing Renovation Services
According to the “2018 Beijing Big Data Report on Renovation Trends” released in March by Ke Finance together with Lianjia Research Institute, 60% of customers are willing to borrow money … ( read original story…
China in ‘no rush’ to restart trade talks
Beijing is in “no rush” to resume trade talks between the U.S. and China, according to the South China Morning Post. Chinese analysts said China is prepared to suspend talks if President Trump wasn’t ……
