China will further improve inclusive financial services as part of efforts to bolster financial development, an official said Wednesday. Some 99 percent of the Chinese population has access to basic … ( read original story…
FINANCE
Finance and Foreign Policy Mix When China and Japan Lock Horns
Though much discussion about geopolitical influence in Asia centres on U.S.-China conflict, Tokyo is the real financial challenger to Beijing. ( read original story …)
Are China’s Bonds as Safe as Treasuries? Not Quite. But They’re Closer Than You Think.
and the Institute of International Finance, which tracks the data, forecasts another $49 billion by year’s end. Market dynamics are driving some of those flows. China’s stocks are still lumped in with … ( read…
Obama Says Fox News Would Call Him ‘Beijing Barry’ If He Had ‘Secret Chinese Bank Account’ Like Trump
Former President Barack Obama believes he would have gotten very different treatment from Fox News if he had a “secret Chinese bank account” like Trump.“Listen, can you imagine if I had had a secret ……
Citigroup Beefs Up China Expansion With Investment Bank Plan
Citigroup Inc. is planning to include an investment banking unit in China to take advantage of an expected steady stream of big stock deals as the nation opens up and liberalizes its financial markets ……
Obama jokes about Trump’s taxes, Chinese bank account: Fox News ‘would have called me Beijing Barry’
Former President Barack Obama had a little fun on Wednesday during his drive-up rally for Democratic presidential nominee Joe Biden, telling the crowd in Philadelphia that he doesn’t think a certain … ( read original…
Trump’s Taxes Show the President Has an Awful Lot of China-Linked Financial Interests
President Donald Trump’s compulsion to accuse others of what he himself stands accused of continues unabated in the 2020 race, with Trump trying to tar Joe Biden as somehow in the pocket of China. (…
China Has a Few Things to Teach the U.S. Economy
Even after decades of hypergrowth, and despite having a huge economy in terms of total size, China was and is still much poorer than the U.S. on a per capita basis. The typical Chinese family…
The Capital Note: What to Expect from China’s 19th Party Congress
China’s 19th Party Congress, vaccine diplomacy, insider trading from home, and a look at the Microsoft antitrust case. ( read original story …)
Pelosi: Trump bank account in China a national security issue’
Speaker Nancy Pelosi (D-Calif.) on Wednesday hammered President Trump over a new report that he has an undisclosed bank account in China, calling it a serious “national security issue” since the gover … ( read…
China to balance stable growth and risk prevention – PBOC
China will strike a balance between stabilising economic growth and preventing risks, even as debt was allowed to temporarily rise this year to support the coronavirus-hit economy, the head of the … ( read original…
Trump attacks his Democratic rival as “Beijing Biden.” He owns a mysterious bank account in China
President Donald Trump, who has frequently attacked his Democratic challenger Joe Biden as “Beijing Biden,” owns a bank account in China, where he has chased development deals for years — a pursuit … ( read…
Tax records reveal Trump’s bank account, business dealings in China: report
China, where he holds a previously unknown bank account, according to a report by The New York Times on Tuesday. An analysis of Trump’s tax records by The Times showed he maintained bank accounts in…