Lending rates in China swung on Wednesday after the country’s central bank pumped the most cash into the financial system in almost four months. Authorities are facing the tricky task of increasing regulatory scrutiny of…
FINANCE
China tries to calm investors with words, cash amid tougher market regulations
Beijing: China is breaking out its mouthpieces—and wallet—as it seeks to soothe investors in the face of tighter financial market regulations. The central bank-run Financial News urged stock investors not to overreact to tougher regulations…
China slowing to target
for increased efforts to ward off systemic risks to help maintain financial security. The People’s Bank of China (PBOC) have also been working towards this goal by lifting short term interest rates – 7-day, 14-day…
Ambassador Lu Shaye: Why Canada-China free trade is a win-win for both countries
Last week, officials and experts from both China and Canada held in Ottawa the second round of exploratory discussions on a bilateral free-trade agreement. Both sides enjoyed in-depth and fruitful discussions. The Chinese premier and…
Rona Ambrose: For better trade with Washington, Canada can’t be cozying up to China
We should be doing everything we can to focus the conversation on this common ground. That’s why we should be talking about China. President Trump has been very open about his plans to get tough…
Former Unicorn China Rapid Finance Goes Public at a $350M Valuation
Two weeks ago I wrote about China Rapid Finance and their plans to go public. I shared information about their target borrowers which they call the Emerging Middle Class Mobile Active (EMMA for short) and…
We haven't heard JPMorgan CEO Jamie Dimon go this dark on China in a long time
Something dark is happening in China’s banking system. It hasn’t been able to penetrate our noisy news cycle here on the other side of the world. But Jamie Dimon, the CEO of JPMorgan, knows about…
China A shares suffer amid finance sector deleveraging
Deleveraging in the financial sector is a hot topic in China. It’s one of the key factors behind the recent decline in A shares. China’s economy has over-expanded in the past couple of years, in…
China, Japan to hold sixth finance minister dialogue
BEIJING, May 2 (Xinhua) — China and Japan plan to hold the sixth dialogue between their finance ministers in Yokohama, Japan on May 6, China’s Ministry of Finance said on Tuesday. The talks may cover…
China Rapid Finance Hopes Its U.S. IPO Will Grow Chinese Customers
As only the second Chinese online lender to go public in the U.S. (first was Yirendai in 2015), China Rapid Finance is confident its new listing on the New York Stock Exchange will lead to…
Mountain China Resorts Reports 2016 Financial and Operational Results
For the year ended December 31, 2016, the Company generated revenues from resort operations of $14.76 million and a net loss of $11.39 million or $0.04 per share compared to revenue of $13.61 million and…
We haven't heard JPM CEO Jamie Dimon go this dark on China in a long time
NEW YORK – Something dark is happening in China’s banking system. It hasn’t been able to penetrate our noisy news cycle here on the other side of the world. But Jamie Dimon, the CEO of…
China Bank Investors Should Think Big
Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. There is some good news for Chinese…
