CSI300’s financial sector sub-index was higher by … up board ChiNext Composite index was higher by 0.8 percent. ** China will not let economic growth slip out of a reasonable range amid … ( read…
FINANCE
Italy eyes loans from China’s development bank for BRI projects
China’s BRI plans aim to finance and build infrastructure … used to further Beijing’s strategic and military influence. The plans, revealed by the Financial Times last week, triggered outcry in … ( read original story…
America’s top defense officials say Google’s work in China benefits Beijing’s military
WASHINGTON — America’s top two defense officials slammed Google’s work with China on Thursday saying it has “indirectly benefited” Beijing’s military. “We watch with great concern when industry … ( read original story …)
PINTEC Partners with China UMS to Enable Efficient Financing for Small and Micro-sized Enterprises
BEIJING, March 15, 2019 /PRNewswire/ — Pintec Technology Holdings Ltd. (“PINTEC”; NASDAQ: PT), a leading independent technology platform enabling financial services in China, today announced a … ( read original story …)
China leads the world in digital financial inclusion advances
China is taking the global lead in digital financial inclusion and could introduce its best practices to other countries, said a senior fintech practitioner. “I am looking forward to seeing China … ( read original…
China Promises to Treat All Firms Equally. Foreign Businesses Remain Wary
China has always been a complex operating environment for global businesses — but that mattered less when astronomic growth and access to its vast consumer pool were the trophies for those who … ( read…
Boasting A 20% Return On Equity, Is Beijing Tong Ren Tang Chinese Medicine Company Limited (HKG:3613) A Top Quality Stock?
Beijing Tong Ren Tang Chinese Medicine has … and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. ( read original story …)
Growing debt loads weighing on growth, opening up vulnerabilities, Bank of Canada deputy warns
The U.S.-China trade war and expanding global geopolitical unrest have been key worries for the Bank of Canada, she noted. “The global development that concerns me the most, though, is rising debt,” … ( read…
China’s Slowdown Already Hit Its Factories. Now Its Offices Are Hurting, Too.
Alexandra Stevenson is a business correspondent based in Hong Kong, covering Chinese corporate giants, the changing landscape for multinational companies and China’s growing economic and financial inf… ( read original story …)
China’s Tab at World Bank May Get Squeezed Under Trump’s Nominee
Curtailing World Bank lending to China would fit with the administration’s efforts to contain Beijing’s economic power. Even before the trade war, there were experts arguing that it’s time for Beijing … ( read original…
Deutsche Bank betting big on China
Deutsche Bank plans to capture more market share in China as the country continues to open its financial sector to foreign players, said Werner Steinmueller, the bank’s Asia-Pacific CEO. Steinmueller … ( read original story…
China orders banks to boost financial support to small firms
BEIJING (Reuters) – China’s banking and insurance regulator on Wednesday urged banks to continue increasing lending to smaller firms and further cut their financing costs, as policymakers work to aver… ( read original story …)
After Italy, Malta says it’s considering joining China’s Belt and Road investment scheme
The White House has previously said Italy’s intention to potentially join with Beijing on the scheme could hurt its international reputation, according to the Financial Times. Another European country … ( read original story …)
