China Minsheng Financial is raising a $1bn fund with the aim of cashing in on the boom in “blank cheque” initial public offerings on stock exchanges in New York and London. CM Financial’s fund will…
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U.S. and China hope to make progress on tariffs as Trump and Xi meet in South Korea
Fire breaks out in abandoned factory in Shenzhen, Guangdong, China
Trump Dealt Polling Setback on Eve of China Trade Talks
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Analysis-China signals it will pull plug on subsidies for EVs with five-year plan exclusion
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China Minsheng Financial targets $1bn ‘blank cheque’ fund
Beijing to offer financial help to companies that keep staff on payrolls
BEIJING (Reuters) – China’s state council, the cabinet, on Wednesday said that the government will offer financial help to struggling companies that keep staff on payrolls in a time of increasing econ… ( read original…
US-China trade war: Washington lawmakers welcome Donald Trump-Xi Jinping talks on tariff
China now has 90 days to work with the US to strike a deal … We’re looking at external commercial borrowing, bond market for funds, says CEO of PTC India Financial Services ( read original…
Beijing moves to cement influence over world’s financial markets
The shift in focus from direct investment into factories and offices towards portfolio flows into stocks and bonds reveals much about how China is changing — and how it is starting to exert greater in……
China to provide multiple bailout packages to help Pakistan ‘overcome its financial crunch’
The growing strategic partnership between China and Pakistan has been one of the defining stories of past few years, especially after the Pakistan-U.S. ‘marriage of convenience’ ended in an acrimoniou… ( read original story …)
Martin Bauer Group Doubles Tea Extract Manufacturing Capacity in Hangzhou, China
SECAUCUS, N.J. — Martin Bauer Group, a global leader in tea and botanical ingredients, recently opened its expanded tea extract manufacturing facility in Hangzhou, China. The site is located in … ( read original story…
Targeted financial products a blessing for newlyweds
… to China Daily] For low and middle-income young couples in China, getting married can cost a considerable sum of money, and so “wedding loans” can be a blessing for them. The financial products, i……
India catches up with China, records 2nd highest fintech adoption rate: Here’s all you need to know
The country now has the second highest fintech adoption rate of 52%, only behind China’s 69%, which also throws a huge opportunity for India to not only make best out of financial services sector but…
China confident it can clinch U.S. trade pact as Trump demands ‘real deal’
SHANGHAI (Reuters) – China expressed confidence on Wednesday that it can reach a trade deal with the United States, despite fresh warnings from President Donald Trump that he would revert to more … ( read…
What Is Intellectual Property… and Does China Steal It?
U.S. President Donald Trump’s justification for imposing tariffs on imports from China includes the alleged theft of American intellectual property. Such violations — from counterfeiting famous brand… ( read original story …)
Luxury ‘Red Flag’ models buck China auto sales slump
A state tobacco company in the southern city of Jian just received its first 15 cars, while state telecom firm China Unicom is supplying branches across the country. China Southern Airlines, Hesteel G… ( read…
Asia Stocks Drop; U.S. Futures Rise on China News: Markets Wrap
(Bloomberg) — Asian equities dropped in the wake of the the biggest slide in stocks on Wall Street since the mid-October downdraft, though U.S. futures advanced after China officially echoed Presiden… ( read original story…
China’s Fund Managers Challenged as Banks Wade Into Industry
“The new rules will intensify both competition and cooperation between banks and mutual fund firms,” said Wang Yifeng, Beijing-based researcher at China Minsheng Banking Corp. Mutual funds have the be… ( read original story …)