The much-touted policy of the Modi government to crack down on Chinese business relationships with India stands exposed, the Congress said at a press conference here on Wednesday, pointing out the … ( read original…
FINANCE
India borrowed from Beijing-headquartered bank month after Galwan clash
Sitharaman had urged AIIB to lend more at board of governors meeting Even as the External Affairs Ministry blamed the Chinese for the flare-up on the Line of Actual Control (LAC), the government again ……
China’s WTO win over US offers no concrete reward but Beijing gets moral high ground, experts say
The Chinese government may feel vindicated by a World Trade Organisation (WTO) ruling that some of US President Donald Trump’s trade war tariffs flouted international rules, but in reality gains … ( read original story…
China Tightens Funding Sources for Micro Lenders Such as Ant
China is stepping up regulations over small loan companies, including those run by Jack Ma’s Ant Group, to control risk in the country’s burgeoning online lending industry.China’s banking watchdog sai … ( read original story…
Standard Chartered CEO says Hong Kong is ‘very, very safe’ as banking center
“The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That’s only become more clear,” said StanChart’s CEO Bill Winters. ( read original story…
Baidu (BIDU) Expands Apollo Go Robotaxi Service to Beijing
Baidu (BIDU) launches Apollo Go Robotaxi service in Beijing in a bid to expand its share in the self driving space. ( read original story …)
China’s central bank stresses its central role in new sovereign digital currency
China is developing a sovereign digital currency with the primary goal of defending the state’s monopoly on minting money, meaning the central bank will play a central role in the issuance and … ( read…
Beijing Enterprises Holdings Limited — Moody’s assigns Baa1 to Beijing Enterprises Holdings’ proposed Euro bond
Moody’s assigns Baa1 to Beijing Enterprises Holdings’ proposed Euro bondRead the full article at Moody’s … ( read original story …)
China makes progress in regulating banking sector
China’s continuous efforts to crack down on illegal activities in the banking industry have achieved desired effects, an official with the country’s top banking authority said Monday. The market order … ( read original story…
Senior HSBC mainland China banker defects to Bank of America
Former senior HSBC mainland China banker Zhang Wenjie has jumped to Bank of America as a managing director and president of China, helping the Charlotte, North Carolina-headquartered bank navigate the … ( read original story…
Chinese banking sector’s new yuan loans up in first 8 months
(Xinhua) — The Chinese banking industry’s new yuan-denominated loans hit 14.4 trillion yuan (about 2.11 trillion U.S. dollars) in the first eight months of the year, according to the China Banking … ( read original…
China braces for a wave of financial distress
A lot of the mergers that are happening are not even making the news Alicia Garcia-Herrero, Natixis It was the second time in 12 months that a bank linked to Xiao was seized by the…
HICOOL Global Entrepreneur Summit and Entrepreneurship Competition Concludes with Business Fest in Beijing
After rounds of intense contests starting from May 15, the HICOOL Global Entrepreneur Summit and Entrepreneurship Competition (HICOOL) concludes on September 12 in Beijing. ( read original story …)
