With tensions running high, Washington and Beijing have pushed to decouple technology and trade. But American financial firms including JPMorgan and Goldman Sachs are doubling down on investing in … ( read original story …)
FINANCE
China Sept FX reserves fell unexpectedly as pandemic pressured global economy
China’s foreign currency reserves unexpectedly fell in September, official data showed on Wednesday, as the global economy was pressured by the coronavirus pandemic. ( read original story …)
China Finance Online (NASDAQ:JRJC) Stock Passes Above Two Hundred Day Moving Average of $6.84
China Finance Online Co. (NASDAQ:JRJC)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.84 and traded as high as $8.98. ( read…
Martha McSally rips Mark Kelly on China but won’t condemn Donald Trump’s deep ties. Why?
Martha McSally and her financial supporters are spending a lot of time and money trying to paint her Democratic opponent, Mark Kelly, as a beholding shill financially tied to China. McSally also has … (…
China Central Bank Official Reveals Results of First Digital Yuan Pilots
An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities. Speaking virtually at the Sibos 2020 … ( read original story …)
Hong Kong will stay a key financial hub say experts
Hong Kong’s status as a key Asian financial hub will remain intact according to business experts. Speaking to the BBC they said new security laws and protests are unlikely to scare off investors to ……
How China Merchants Bank conquered its competition
China Merchants Bank is the primary bank in its market. Its success has been down to a long-term vision as much as a long-term perspective on its assets under management. ( read original story …)
Western companies pouring big money into China
World-famous firms investing big in the People’s Republic Tesla Leading the way is California’s Tesla. CEO Elon Musk has been described as having a love affair with China and is pushing ahead with a ……
China Bank shortens bond offer period due to oversubscription
China Banking Corp. ended its P15-billion fixed rate bond offering ahead of the originally scheduled October 14 closing, citing overwhelming demand for the issuance. ( read original story …)
Hong Kong will stay key financial hub say experts
Hong Kong’s status as a key Asian financial hub will remain intact according to business experts. Speaking to the BBC they said new security laws and protests are unlikely to scare off investors to ……
China’s ‘three red lines’ strike delicate balance between curbing real estate debt and local government finances
As China moves to tackle excessive borrowing in the real estate sector, it is walking a tightrope between providing cash-strapped local governments with revenues from land sales and keeping a lid on … ( read…
China Liquidity May Not Be Enough To Fight Winter Depression
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 …)
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…
