JPMorgan Chase and Co’s Chief Executive Officer Jamie Dimon joked on Tuesday that his bank would last longer than China’s Communist Party. JPMorgan has been operating in China since 1921, the same …
Tagged By banking
Rising number of players, FDI show China market’s strength
The increase in the number of market entities over the past decade shows the huge Chinese market is still full of vitality and remains one of the most attractive investment destinations in the world, …
Stable Performance for China Steel; Consolidation Accelerates
We also expect accelerated consolidation as strict environmental regulations and dual-carbon targets will mean rising costs for smaller-sized producers visited by frequent disruption to production.
Jamie Dimon sets his bank up to be China punchline
JPMorgan’s boss was looking for chuckles when he said he’d wager that his employer would outlast the country’s Communist Party. Beijing is unlikely to appreciate the humour. As UBS and others can …
JPMorgan CEO Dimon joked that his bank will outlast China’s Communist Party
“I made a joke the other day that the Communist Party is celebrating its 100th year — so is JPMorgan. I’d make a bet that we last longer,” said Dimon.
In 10 charts: China’s growing clout at World Bank, major global institutions
China has drastically increased its financial clout in many major global institutions and funds over the last decade, a Washington-based th.
Kuaishou Surges After Delivering Growth Despite China Crackdown
Kuaishou Technology soared 15% after reporting better-than-expected 33% growth in quarterly revenue, defying China’s tech crackdown and intensifying competition with ByteDance Ltd.Most Read from Bloom …
Building China’s impressive high-speed rail
High-speed rail (HSR) is an important indicator of the modernization of a country’s transportation and a significant reflection of its level of industrialization. Despite developing HSR more than four …
How ICBC Turkey Is Flourishing as an International Bank and Facilitating Stronger China-Turkey Relations
Turkey is a strategically important country, acting as a bridge between Europe and Asia. ICBC Turkey, a subsidiary of China’s ICBC conglomerate, has been a crucial financial link between the two …
Biden’s bet on oil reserves highlights complicated relations with China
The Biden administration’s diplomatic inroads with China first surfaced this month in Scotland, where the two countries hammered out a surprise deal on boosting action on climate change.
China Stock Market May Spin Its Wheels On Wednesday
The China stock market has finished higher in three straight trading days, gathering more than 70 points or 2 percent along the way. The Shanghai Composite Index now rests just beneath the 3,590-point …
JPMorgan CEO Jamie Dimon: Bank will outlive China’s Communist Party
JPMorgan CEO Jamie Dimon threw down the gauntlet in a speech Tuesday — at least as a joke: He said his bank will outlast the Chinese Communist Party.
Is Higher Financial Stress Lurking around the Corner for China?
Despite China’s tighter financial policies and the Evergrande troubles, Chinese financial stress measures have been remarkably stable around average levels. Chinese financial conditions, though, are …
