Ukraine imposed sanctions on three Chinese companies on Friday claiming they were involved in production of advanced Iskander missiles, a day after President Volodymyr Zelenskiy alleged that China had …
FINANCE
Chinese scholars take on Trump adviser pushing tariff war as prelude to financial revamp
Stance of Council of Economic Advisers chairman Stephen Miran likened to ‘collecting protection money on the streets’.
How ‘China shock 2.0’ will roil global markets
But rather than usher in political reforms, China’s rise to a global trading behemoth solidified the Chinese Communist Party’s power. In the U.S., meanwhile, there were winners and losers. Consumer …
China retreats from US private equity investments, FT reports
China’s state-backed funds are pulling back from investing in the funds of U.S.-headquartered private capital firms amid an escalating trade war between the world’s two biggest economies, the …
China’s leading shadow bank faces payment problem, seeks help amid $3.7 trillion trust industry delays
AVIC Trust seeks state-backed assistance after delaying payments, highlighting deepening troubles in China’s $3.7 trillion shadow banking industry.
China pulls back from U.S. private equity, stakes in UK firms have risen over years – reports
Chinese state-backed funds have stopped making new investments in U.S. private equity as part of a broader strategic financial decoupling from the U.S., FT reported, citing private equity executives …
China keeps lending rates steady; trade war raises bets for stimulus
SHANGHAI] China kept benchmark lending rates steady on Monday (Apr 21) for the sixth successive month, matching market expectations. Read more at The Business Times.
U.S. losing economic leverage to China; Jefferies suggest Investors should reduce positions in favour of Europe, China and India
American multinational investment bank and financial services company Jefferies has raised concerns about the shifting global economic power balance and the diminishing financial leverage of the …
China vital in reshaping intl financial architecture
Simultaneously, it has opened its domestic financial markets to foreign participation while expanding its own banking and financial institutions abroad. This dual strategy amplifies China’s influence …
Deutsche Bank Sees China Clients Eye Shift to Europe From US
Chinese clients have reduced some of their Treasuries holdings in favor of European debt as President Donald Trump’s tariff deluge fuels an exodus from US assets, according to Deutsche Bank AG.
Multiple foreign financial institutions upbeat on China market
China’s financial markets are attracting international investors amid growing global economic uncertainty, with multiple foreign financial institutions including Neuberger Berman and DBS Bank …
China Stocks to Face $800 Billion US Selling in Extreme Case: GS
US investors could be forced to offload around $800 billion of Chinese equities “in an extreme scenario” of financial decoupling between the world’s two largest economies, Goldman Sachs Group Inc.
‘Resist protectionism,’ China’s Xi tells Cambodia as Phnom Penh seeks loans
Chinese leader Xi Jinping urged Cambodia to “resist protectionism” as he arrived in Phnom Penh on Thursday at the end of a three-nation tour of Southeast Asia, with U.S. tariffs threatening the …