But among the English language heavyweights, only the Financial Times detailed just how much Beijing has already been doing to tackle environmental problems, and not one acknowledged that Beijing had, in fact, quietly taken ownership…
FINANCE
Ireland set to join China-led investment bank
A wave of about 25 African, European and South American countries, including Ireland, is set to join the China-led Asian Infrastructure Investment Bank this year, reinforcing Beijing’s determination to push a global agenda even as…
China cracks down on bids to bypass online censorship
Beijing (AFP) – China has announced a 14-month campaign to “clean up” internet service providers and crack down on devices such as virtual private networks (VPNs) used to evade strict censorship. The ruling Communist party…
China and Shadow Financing
Of course, concerns about debt and the financial system are not unique to China. In Italy, for example, many banks found themselves saddled with non-performing loans (bad debt), and some small banks faced restructuring. New…
‘Chinese Dragons’ Overtake U.S. in Financial Tech Investment
China has unseated North America as the global investment leader in financial technology, or “fintech,” according to Citigroup’s (c) latest report on “digital disruption.” The researchers attribute the power shift to the rise of what…
China Rapid Finance Named a Finalist for LendIt “Innovator of the Year” Award
China Rapid Finance Limited (“CRF” or “the company”), China’s largest consumer lending marketplace in terms of number of loans facilitated, was named a finalist for “Innovator of the Year” honor at the first annual LendIt…
China central bank's temporary liquidity support a new tool, sends neutral policy signal – paper
SHANGHAI A move by China’s central bank to provide temporary liquidity support marks the creation of a new policy tool designed to ease seasonal cash shortages, while sending the signal that monetary policy remains stable…
China’s central bank ‘playing dangerous game’ to prop up yuan
The country’s forex reserves have shrunk by almost a US$1 trillion since June 2014 as the central bank has sought to prevent a large fall in the yuan against the US dollar. Zhang call’s for…
Global investment banking revenue drops to lowest since 2012
Beijing-based Oceanwide pledged US$3.8 billion to take control of US insurer Genworth Financial in 2016. The 2016 global investment banking revenue rankings was led by JPMorgan, which topped the table with an 8 per cent…
China's property, financial sectors' growth slower in Q4 despite uptick in services
BEIJING Growth in China’s real estate and financial sector slowed in the fourth quarter of 2016, despite an uptick in the overall service sector that contributed to better-than-expected GDP growth in the quarter, National Bureau…
Philippine officials to visit Beijing to discuss investment deals, ASEAN summit
according to a statement from the Department of Finance on Sunday. The visit occurs three months after Duterte visited Beijing to pave the way for what he called a new commercial alliance. He has increased…
China's property, financial sectors' growth slower in fourth quarter despite uptick in services
BEIJING Growth in China’s real estate and financial sector slowed in the fourth quarter of 2016, despite an uptick in the overall service sector that contributed to better-than-expected GDP growth in the quarter, National Bureau…
China money rates fall after central bank liquidity support, yuan flat
SHANGHAI China’s primary money rates fell on Friday, but remained elevated, after the central bank provided banks with liquidity support, to help avert a cash crunch before the Lunar New Year. The People’s Bank of…
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