Juniper’s highly scalable MX series universal routers were implemented to help drive exponential growth for 21Vianet’s business operations while delivering optimal end-user experiences Juniper …
Tagged By banking
China’s Battle With ‘Hot’ Money
And this influx of foreign money is now unnerving. China’s own regulators are concerned that all itsmoney sloshing around it may generate financial instability domestically generate moves within China …
China Life Insurance Co Stock Shows Every Sign Of Being Fairly Valued
China Life Insurance Co’s 3-year average revenue … is the rate that a company is expected to pay on average to all its security holders to finance its assets. If the ROIC is higher than…
Genworth Financial terminates merger deal with China-based company after four years of delays
More than four years after it was first announced, Genworth Financial Inc.’s plan to sell itself to a China-based investment company is officially dead. The Henrico County-based insurance giant …
China’s Epic Battle With Capital Flows Is More Intense Than Ever
The People’s Bank of China, one of 12 central banks in the working group, noted that “sharp exchange rate fluctuations and large capital flows would threaten financial stability and have …
U.S. says looking to coordinate participation in Beijing Olympics with allies
The United States on Tuesday said that it is looking to discuss with partners and allies how to proceed with participation in the Beijing 2022 Winter Olympics in a coordinated way, amid growing calls …
China leaps into a central digital bank currency, but similar progress eludes the U.S.
China has leapfrogged much of the developed world in its establishment of digital yuan. Central bank digital currencies are a growing source of interest around the world as cryptocurrencies flourish.
Will China’s new digital yuan threaten King Dollar’s reign?
“Most cross-border payments either for trade or finance are already digital, so it’s hard to imagine a digital yuan having a huge impact on international payments,” he said. A more important …
IMF urges China to reduce corporate debt risk made worse by heavy pandemic lending
China leaves key interest rate unchanged for 11th straight month as it moves to cautiously scale back economic stimulus So far the approach has been moderate. Two weeks ago, the People’s Bank of China …
For the second time, China has ‘fared well’ in a major crisis: IMF
So for the second time now with a major crisis, China has fared very well,” Adrian said, drawing a comparison with the global financial crisis of 2008. At the time, China deployed vast amounts of…
China asks major lenders to curtail credit growth this year
Earlier in the month, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, warned about bubbles in the property and financial markets, fueling concerns policy makers will …
China highlights success in fighting poverty and says world can benefit from the lessons it offers
Beijing says it can share its knowledge with other countries and adds they can also benefit from its Belt and Road Initiative.
CBDCs: People’s Bank of China and the Hong Kong Monetary Authority Testing Digital Yuan
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have begun testing its central bank digital currency (CBDC) or digital yuan for cross-border transfers, according to a …
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