When key regulations mandate that low-level cadres seek authorisation in decision-making or face disciplinary action, risk aversion becomes the strategy of choice.
Tagged By banking
What China’s new data privacy law means for Asian markets
Tiffany Hsiao, Managing Director & Portfolio Manager at Artisan Partners, joins Yahoo Finance Live to discuss regulatory risks in China after a new data privacy law was passed.
China Stocks Listed in U.S. Pounded as Beijing Clamps Down
Chinese companies listed in the U.S. matched their longest weekly losing streak in more than a decade after Beijing intensified its regulatory clampdown across various industries.American depositary …
Anti-sanctions law for Hong Kong: a look at the lead-up to Beijing’s surprise move to delay legislation, and what’s next
In the days leading up to the Beijing meeting, debate had mounted over how the government could use the city’s own legislative process to localise a national law, assuaging concerns from the business …
US Bid to Check China Falters in Africa
China’s global ambitions may have taken a hit in the United States, Europe, Australia, Japan and India, but in Africa, its sustained power and influence are forcing Washington to recalibrate its …
Is China’s Economic Recovery Faltering? Tech Regulations ‘Hurt Earnings’
China’s economic indicators are failing to meet expectations, which some believe shows the pace of economic recovery after the initial waves of Coronavirus …
China’s ABS and RMBS Defaults Improve; Property Market to Watch
Fitch Ratings-Beijing/Hong Kong-20 August 2021: The defaults of Chinese ABS and RMBS improved in 2Q21, while delinquencies remained stable, says Fitch Ratings in a new report. The annualised gross …
Industrial Bank issues China’s first carbon sink loan worth 18m yuan
China’s first carbon sink loan totaling 18 million yuan (about $2.77 million) was issued by the Industrial Bank Co Ltd on Wednesday. The loan was granted to a company managing the coastal wetland in …
China Development Bank
China Development Bank (CDB)’s Foreign-Currency IDRs are equivalent to those of China’s sovereign ratings, and are based on …
Evergrande Pledges to Fix Debt After Rare China Rebuke
China Evergrande Group pledged to fix its debt problems following a rare public rebuke from regulators as the developer struggles to stave off a liquidity crisis.Evergrande said it will do its best to …
China sets yuan mid-point at 4-month low, but basket index advances further
China’s central bank on Friday set its official yuan midpoint at the weakest level in four months to reflect falls in spot prices a day earlier.
China Keeps Benchmark Lending Rates Unchanged
China maintained its benchmark loan prime rates, as widely expected, on Friday. The one-year loan prime rate was maintained at 3.85 …
China markets slump as crackdowns shatter sentiment, ‘herd mentality’ kicks in
The Hang Seng fell 1.8% and its weekly drop of 5.8% was the largest since the height of the pandemic panic in financial markets in March 2020. Stocks in Shanghai also fell, while investors sold…
ADVERTISEMENT
