MILAN — Premier Giuseppe Conte pledged Tuesday to make Italy the first Group of Seven nation to join China’s ambitious Belt and Road initiative, despite objections from the United States and concerns … ( read…
FINANCE
China’s tit-for-tat detention of two Canadians is a test
Years ago, as a UN official, I watched China’s long coming out. After focusing in the early years of Deng Xiaoping’s leadership on economic reform and development, China shifted to a focus on … (…
European foreign policy: a new realism on China
“China has discovered it can pick off different EU members … Most northern member states have distanced themselves from the initiative, under which Beijing seeks to finance and build infrastructure … ( read original story…
China state investment giant drops coal
A SDIC spokesperson confirmed his comments, which have not previously been reported outside China, when contacted by The Australian Financial Review. SDIC’s investment focus was now on healthcare, … ( read original story …)
China banks face huge capital hole as stimulus spurs lending
China’s bank regulator has forcefully implemented the global Basel III rules on bank capital adequacy as it seeks to fortify lenders against financial risks from a decade of rapid debt growth, which … ( read…
U.S. Negotiators See China Pushing Back on Trade Vows
(Bloomberg) — Some U.S. negotiators are concerned that China is pushing back against American demands in trade talks as progress slows toward a deal that could give President Donald Trump a boost for … (…
China Southern Financial Theme Flexible Allocation Mixed Fund
China Southern Financial Theme Flexible Allocation Mixed Fund is an open-end Fund incorporated in China. The fund aims to achieve long-term capital appreciation. The Fund invests 0%-95% of total … ( read original story …)
China’s $9.1T Shadow Lending Sector On The Decline
China’s $9.1 trillion shadow banking industry is on the decline, which has led to a rise in private corporate defaults. The country’s regulators have gotten tough on the shadow banking market in … ( read…
Bank of China aims big in little Sri Lanka
BoC has only just opened its first Sri Lankan branch, but already it wants to be the biggest foreign player in the market. In an exclusive interview, Asiamoney sits down with the lender’s senior local…
Tencent-ByteDance Altercations, Apps Consolidation, Shadow Banking’s Reprieve
A bigger driver for stock gains in China could come in the form of relaxation on the shadow banking clampdown. In an interview by South China Morning Post on the sidelines of the annual National…
Bank of Beijing Co Ltd
Bank of Beijing Co., Ltd. operates as a commercial bank. The Company offers deposits, loans, settlement, bill discounting, government bonds underwriting, trade finance, investment banking, wealth … ( read original story …)
China’s banks required to disclose net stable funding ratios: regulator
BEIJING (Reuters) – China’s banking and insurance regulator on Tuesday issued rules requiring commercial banks to disclose their net stable funding ratios to help strengthen their liquidity risk … ( read original story …)
Australian Coal Is Diverted From China After Imports Were Stalled, Miner Says
(Bloomberg) — Coal from Australia is being diverted from China as the top buyer slows custom clearance, and is instead making its way to countries including Japan and South Korea, according to miner … (…
