China’s growing military aggression towards Taiwan has the world on edge. Even if it not for another five or ten years, an invasion seems impending. And when it does happen, the US will intervene and…
FINANCE
China’s top court vows tougher penalties for financial crimes
China will impose tougher penalties for financial crimes and prevent and resolve major financial risks to maintain national economic and financial security, China’s top court said. Severe punishments …
Not dead yet: The future of China’s belt and road
China’s Belt and Road Initiative is as controversial now as it was a decade ago. Yet its legacy endures. Even as Beijing cuts funding to debt-saddled BRI states, the West is emulating Xi Jinping’s …
China Economic Review Sept. 22
the total assets of China’s financial institutions amounted to RMB 407.42 trillion, an increase of 9.7% year-on-year. 7.According to the Ministry of Industry and Information Technology, over the past …
US bank chiefs commit to China exit if Taiwan is attacked
The chief executives of the three largest US banks by assets made the commitments at a hearing of the committee on financial services at the House of Representatives.
China’s Largest Policy Bank to Boost Infrastructure Loans to Local Govts
It comes after China’s cabinet was quoted as saying in August it would take more steps to support the world’s second-largest economy, including increasing funding support for infrastructure projects.
US bank CEOs say they would stop working with China in event of Taiwan attack
The executives said they would do as the US government instructed in event of a Taiwan invasion by mainland forces Some of the top US banks said on Wednesday that they would stop working with…
FirstFT: US bank chiefs warn of China exit if Taiwan is attacked
They spoke in response to a question by Blaine Luetkemeyer, a Republican congressman from Missouri, on whether they were prepared to pull their investments out of China in the eve …
U.S. bank CEOs back Fed hikes during congressional grilling on economy, China ties
The country’s top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, while acknowledging there will be pain ahead, when appearing before Congress during a …
U.S. bank CEOs grilled by Congress over economy, Russia, China ties
Some of the country’s top bank chiefs endorsed U.S. Federal Reserve rate hikes as a means to tame soaring inflation, noting that consumers continue to hold up well, when appearing before Congress …
‘Big Short’ Michael Burry Sounds the Alarm About China-U.S. Tensions
If he had not been listened to by the bankers he was trying to warn before the outbreak of the 2008 crisis, Burry has since drawn everyone’s attention to each of his predictions. Burry, who…
Deutsche Bank Appointed as Depositary Bank for the Global Depositary Receipt Program of Lepu Medical Technology (Beijing) Co., Ltd.
Deutsche Bank announced today its appointment as depositary bank for the Global Depositary Receipt (“GDR”) program of Lepu Medical Technology (Beijing) Co., Ltd. The GDRs are listed on the SIX Swiss …
China brings cash to former Soviet republics in bid to win favour with Central Asian ‘stans’
New investments and agreements illustrate how deals between China and the former Soviet republics of Central Asia are being increasingly prioritised following President Xi Jinping’s visit.
