East West Bancorp Inc., the San Marino-based banking company whose clients mainly are ethnic Chinese, will announce today that it has opened a representative office in Beijing.
FINANCE
FirstFT: Xi outlines China’s ambition to reshape world older
What happened: The Chinese president told more than 20 leaders yesterday that with the world undergoing “turbulence and change”, they needed to uphold an “orderly multi-polar world”. This included …
Pakistan, China Strengthen Financial Cooperation 2025
Pakistan and China strengthen financial cooperation as Finance Minister Aurangzeb meets PBOC and ICBC leaders in Beijing. Talks focus on banking, reforms, and investment.
China’s Xi seeks expanded role for Shanghai Cooperation Organization at Tianjin summit
Chinese President Xi Jinping has announced plans to accelerate the creation of a development bank and set up an international energy cooperation platform.
China’s Xi pushes a new global order, flanked by leaders of Russia and India
Chinese President Xi Jinping on Monday pressed his vision for a new global security and economic order that prioritises the “Global South”, in a direct challenge to the United States, during a summit …
Pakistan and China Strengthen Financial Cooperation in High-Level Meetings in Beijing
Pakistan’s Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held pivotal meetings in Beijing with Dr. Pan Gongsheng, Governor of the …
Trump’s attempts to lure companies away from China are backfiring
U.S. firms wrestling with Trump’s unpredictable trade policy are calculating it’s better to stay put in China than reshore — at least for now.
China’s Xi seeks expanded role for Shanghai Cooperation Organization with a development bank
Chinese President Xi Jinping says China will accelerate the creation of an SCO development bank as he seeks to expand the Shanghai Cooperation Organization’s influence and scope.
Xi vows more investments to boost China-led bloc
The president outlined a plan to bolster China’s global clout as Vladimir Putin and Narendra Modi tightened ties amid threats from Donald Trump.
BYD shares slide as China’s EV price war hits profits
Shares of Chinese electric vehicle maker BYD slid by as much as 8% on Monday after it reported a drop in profit because of a price war in China’s car sector. The carmaker had on…
Hong Kong’s crop of green bonds, ESG funds flourishes under mainland China’s climate push
City’s role as a bridge connecting mainland projects with the world ‘not easily found in other markets’, financial-services secretary says.
China rules business must help pick up pension bill as population ages
Chinese companies will have to start paying into employee pension plans this week, as Beijing pressures business to pick up the bill for an ageing population. Many workers have long agreed to let …
China’s Xi seeks expanded role for Shanghai Cooperation Organization with development bank
Chinese President Xi Jinping said China would accelerate the building of a SCO development bank at the annual summit of the Shanghai Cooperation Organization in Tianjin on Monday, as he seeks to …