in which the U.S. would share technology and Japan would finance, the U.S. can reduce the cost to the exchequer. Second, the executive order signed by Biden to review supply chains should extend to …
Tagged By banking
Could US-China tensions hinder Beijing’s plans to integrate further with global financial markets?
China’s efforts to liberalise its financial markets, which have accelerated in recent years, mean more business for ICBC, which will act primarily as a local agent for foreign traders and provide …
China Adds To Clive Palmer’s $3.8 Billion Fortune
China made Clive Palmer one of the world’s richest people with a $3.8 billion fortune, according to the latest Forbes calculation, and China is about to make the outspoken Australian even richer.
China’s central bank optimizes bond transaction, circulation mechanism
BEIJING, April 5 (Xinhua) — China’s central bank has further optimized its bond transaction and circulation mechanism, aiming for higher efficiency while enhancing the ability of the bond market to …
Fintech key to China’s financial institutions for further digitalisation, Bairong CEO says
The digital economy is a key focus in the 14th Five-Year Plan (2021-2025), during which China aims to push forward the digitalisation of a raft of industries. The plan also highlighted the necessity …
Computer chip shortage, corporate America caught between US and China
The boom in Bitcoin mining is having an unintended consequence: it has driven up the cost of computer chips. Plus, the FT’s US-China correspondent, Demetri Sevastopulo, explains how China’s repressive …
NFTs in Beijing — ‘Who gets to decide the value of art?’
opened in late March at Beijing’s UCCA Lab. An exhibition of NFT art … many of the artists in the exhibition see the relationship between creativity and finance as fraught. Innovation in fundraising …
TikTok parent ByteDance says India’s freeze on bank accounts is harassment
Beijing has repeatedly criticised India over that ban and those of other Chinese apps. An Indian tax intelligence unit in mid-March ordered HSBC and Citibank in Mumbai to freeze bank accounts of …
ByteDance says India’s freeze on bank accounts is harassment
MUMBAI: China’s ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to …
China Pushes Vaccine on Bankers, Colleges to Catch Up With U.S.
China is ramping up its Covid-19 vaccination push, aiming to be twice as fast as the U.S. by pressuring Communist Party members, bank workers and college staff to get shots, as the lagging rollout …
China’s banking sector likely to see profits grow by 5 pct in H1: report
BEIJING, April 4 (Xinhua) — China’s banking sector is likely to see its profits grow by 5 percent in the first half (H1) of 2021, predicted Bank of China Research Institute in a recent report.
Exclusive: ByteDance says India’s freeze on bank accounts is harassment – court filing
China’s ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing seen by…
Don’t Let China Mint the Money of the Future
U.S. policy makers need to wake up to the potential of digital currency and electronic payments and the peril of allowing China to dominate them.
