Global equities look overall fragile as we are entering the winter period. Chances of a second lockdown are gradually increasing, which would lead to a complete disaster for economic fundamentals. ( read original story …)
FINANCE
To green China’s overseas energy finance, the US must offer cleaner alternatives
If the United States wants to green China’s overseas energy finance, it must compete by offering attractive funding for cleaner alternatives, such as solar and wind power. China’s overseas energy … ( read original story…
After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year
The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like … ( read…
China’s ‘golden week’ consumer spending fails to help Beijing put its best foot forward
A joyful atmosphere during the holiday in turn helps to shore up consumer confidence and public trust in the country’s government, sentiment that Beijing needs to prepare for what officials see as … ( read…
Fintech, green finance to boost transformation of banking sector: report
The development of fintech, green finance and new business forms will help boost the business transformation of the banking sector, a report released by the Bank of China said. Beefing up green … ( read…
China changes investing rules for foreign institutions
Chinese authorities will integrate separate investment quotas for foreign institutional investors as they continue to open up the market, starting Nov. 1. The China Securities Regulatory Commission, … ( read original story …)
Thousands of companies sue US over China tariffs
More than 3,500 companies have filed lawsuits against the US government over its tariffs on China in recent weeks … was the top trade counsel for the Republican-controlled senate finance committee … ( read original…
U.S. Takes Stake in Battery-Metals Firm to Wean Itself Off China
The U.S. government has taken an equity stake in a battery-metals company in a move that undercuts dependence on China for a key material used in electric vehicles. ( read original story …)
Tom Jurkowsky: Wake up America, we must stop investing in China | COMMENTARY
There’s a funding stream that supports China’s military growth that most Americans are unaware of — American citizens and Wall Street. ( read original story …)
Placating US and China holds no fear for me, says WTO candidate
Former Nigerian finance minister is confident of getting the US and China to play ball with one another Ending the US-China trade war will be nothing compared to the experience of her mother being ……
Bank of China approved to set up branch in demonstration zone of Yangtze River Delta integration
(Xinhua) — The Bank of China (BOC), one of the country’s biggest state lenders, said it has been given the nod to set up a branch in the demonstration zone of the Yangtze River Delta…
China’s SMIC Says Has Undertaken ‘Preliminary Exchanges’ With Washington Regarding Export Restrictions: Filing
Chinese chipmaker Semiconductor Manufacturing International Corporation has undertaken “preliminary exchanges” with the U.S. Bureau of Industry and Security regarding export restrictions, the company … ( read original story …)
How the history of financial bubbles can help us prepare for what’s next
Investors have a long history of getting carried away by stories. 4️⃣ The resulting retail trading boom is rooted in a business model invented by Bernie Madoff. 5️⃣ We should be vigilant, as … (…
