BEIJING (Reuters) – China’s banking and insurance regulator said risks of small and mid-sized banks are manageable and that their liquidity is relatively ample, reported central bank publication … ( read original story …)
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China banking regulator says risks of small banks manageable: central bank publication
China-US talk trade on sidelines of G-20 finance gathering
Asked if other financial leaders attending the meetings in Fukuoka were raising the issue, Mnuchin said no. But he acknowledged the slowdown in Europe, China and other regions. “I’m hearing concerns … ( read original…
Former PM Jean Chrétien prepared to travel to China to help free Spavor and Kovrig
Mr. Chrétien, who served as prime minister between 1993 and 2003, was accused during his tenure of underplaying human-rights concerns in China in the interests of drumming up business. He said he wasn … (…
China Must Either Trim Its South China Sea Sails Or Face Disaster
They want to control all of it, because they see it as China’s own property. And they are prepared to defend every speck of land—real or artificial — in it. That’s according to statements by…
China’s Wanda Sports Files for U.S. IPO Partly to Pay Down Loan
Wanda Sports Group Co., a unit under Chinese billionaire Wang Jianlin’s conglomerate Dalian Wanda Group Co., filed to go public in the U.S. with a goal of raising funds to pay down debt. The ……
President Trump’s tariff tactics could be bad news for China and EU
Business leaders, financial markets, the American consumer, even many Republican politicians – plenty will be breathing a sigh of relief that a trade war between the US and Mexico has been averted. … ( read…
China bans the Toronto Star
The Toronto Star has been banned in China, according to reports from citizens living there. The Star learned Friday that it’s among global news websites, including The New York Times, The Washington … ( read…
China to curb some technology exports to U.S.: Global Times editor
SHANGHAI (Reuters) – China is preparing to curb some technology exports to the United States, the chief editor of China’s Global Times newspaper said on Saturday. If enacted, the measures suggest … ( read original…
Send Jean Chretien to China to win release of Canadian detainees, Brian Mulroney urges Trudeau government
Desmarais is also the honorary chairman of the Canada-China Business Council. Desmarais “is held in extremely high regard by the Chinese and probably knows more about China than any other living … ( read original…
G-20 talks finance tactics for trade war, digital disruption
The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from upsets to the global economy as Beijing and Washington clash over trade … ( read original…
Putin backs China and brands US policies ‘a path to endless conflicts’
Russian leader Vladimir Putin is firmly backing China in its trade dispute with the US, warning that Donald Trump’s “economic egoism” could plunge the world into war. Aggressive US tactics … ( read original story…
Ministers Find Peace on Sticky Debt Issues: G-20 Finance Update
… agree on the need for debt transparency,” German Finance Minister Olaf Scholz told reporters on the sidelines of the meetings in Fukuoka, Japan. Lender countries, including China, should be ready … ( read original…
IMF’s Lagarde Weighs Darker Side of Fintech: G-20 Finance Update
While the huge leaps being made in financial services technology help with inclusion and modernizing markets, there are also issues with privacy, competition and market concentration, she said in … ( read original story …)