But more households were considering buying a home or investing in other assets in the coming three months, according to the survey by a research institute and think tank under Ant Group and the …
FINANCE
Beijing’s top diplomat in Moscow to try to broker Russo-Ukraine peace deal and improve China’s standing with the West
Beijing’s top diplomat, Wang Yi … deputy chief economists at Institute of International Finance (IIF) told bne IntelliNews in a recent podcast. “Russia is getting everything it needs”. Xi is …
China Is Banking on Argentina’s Future Glory
Chinese scholars view Argentina as a key pillar in Beijing’s engagement with Latin America, but also see some potential pitfalls ahead.
UBS Set to Apply for China Mutual-Fund License
UBS Group AG is preparing to apply for a mutual-fund license in China, according to people familiar with the matter, becoming the latest Western bank to take advantage of Beijing’s relaxed rules on …
Comparing China’s and America’s millionaires by wealth, spending, and source of fortune shows how different the world’s 2 biggest economies are
At least 30% of China’s millionaires are entrepreneurs, compared to 15% in the US The main US industries for creating high-net-worth individuals were finance, professional services, and tech industry, …
Bloomberg: China urges state firms to drop Big Four auditors
Concerns about data security have prompted Chinese authorities to ask state-owned firms to stop using the four biggest global accounting firms as Beijing …
U.S. Treasury Sees ‘Difficult’ Debt Talks at G20 Finance Meeting
Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credi …
China approves $700 million loan to Pakistan: Finance Minister Ishaq Dar
The credit facility, extended through the state-owned China Development Bank, comes as Pakistan is thrashing out a deal with the International Monetary Fund (IMF) to unlock funds from a $6.5 billion …
Beijing urges state firms to drop Big Four auditors
Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about data security even after Beijing reached a …
Putin critic warns China’s intention to supply Russia with lethal weapons for war ‘extremely disturbing’
Russia’s former largest foreign investor warns China will face a “very harsh economic response” from America if it provides military aid for Russia’s war against Ukraine.
How China’s millionaire crowd stacks up against America’s, in wealth, spending, and how they made their fortunes and it shows how different the world’s 2 biggest economies are
The size of China’s high-net-worth crowd has grown nearly ten-fold in the last two decades, according to London-based consultancy Henley & Partners.
China urges state firms to drop Big Four auditors – Bloomberg
Concerns about data security have prompted Chinese authorities to ask state-owned firms to stop using the four biggest global accounting firms as Beijing seeks to curb the influence of Western …
China approves $700 mn loan to Pakistan: Finance Minister Ishaq Dar
Pakistan’s all-weather ally China has approved a loan of USD 700 million to the cash-strapped country, Finance Minister Ishaq Dar announced on Wednesday.