(Bloomberg) — Most of the world’s best-performing bank stocks are now in China, a nation that’s barely started to recover from last year’s liquidity crunch. After snapping up Ping An Bank Co., … ( read…
Tagged By banking
New World Bank boss vows to keep climate goals, evolve China relationship
WASHINGTON (Reuters) – New World Bank President David Malpass said on Tuesday he would not alter the lender’s commitment to fight climate change, but pledged to step up its anti-poverty mission and to … (…
China’s gold-buying spree continues as central-bank market booms
China’s gold-buying run has shown no signs of abating after the People’s Bank of China added yet more of the precious metal to its reserves in March. Figures on the central bank’s website indicate it…
ICC Banking Commission Annual Meeting to address global trade tensions and pivotal role of Asia
ICC thanks Bank of China, African Export-Import Bank (Afreximbank), Atradius, BNY Mellon, Deutsche Bank, Finastra, Surecomp, Agricultural Bank of China, Bank of America Merrill Lynch, China … ( read original story …)
China’s Next Naval Target Is the Internet’s Underwater Cables
(Bloomberg Opinion) — As the West considers the threat posed by China’s naval ambitions, there is a natural tendency to place overarching attention on the South China Sea. This is understandable: … ( read original…
Those Who Purchased China Chuanglian Education Financial Group (HKG:2371) Shares Five Years Ago Have A 85% Loss To Show For It
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! We’re definitely into long term investing, but some companies are simply bad investments … (…
China’s first financial court accepts 2,900 cases since establishment
The Shanghai Financial Court is the country’s first court specializing in handling finance-related cases. [Photo/VCG] SHANGHAI – The Shanghai Financial Court has accepted nearly 2,900 cases since its … ( read original story …)
China stock market turns an outlier as foreign capital rushes in
China’s economy may be bottoming out, helped by Beijing’s early moves to prop up a stuttering economy. At the same time, Chinese regulators’ drive to open up financial markets to foreign involvement … ( read…
Beijing’s banking blues
There is at least some consolation for the country’s top bureaucrats fretting over the banks’ growing reluctance to lend to small businesses: their counterparts in Beijing are facing exactly the same … ( read original…
The EU should not slide into protectionism towards China
Rather than insisting on strict reciprocity, the EU should examine why its own businesses and financial institutions are so much worse than their Chinese counterparts — even taking China’s state … ( read original story…
Larry Fink says BlackRock focused on onshore presence in China
China has slowly started opening its financial markets, allowing foreign institutions to set up operations in the country. In 2017, it raised the foreign ownership ceiling to 51 percent in … ( read original story…
China denies CPEC intensified Pakistan’s economic risks
China on Monday refuted the criticism that the USD 60 billion … It is also an effective approach for developing countries to handle the financial bottlenecks and foster growth, he said. “Only less … (…
China’s economy will bounce back from a tough 2018: analysts
“China is set to be a key turnaround story this … including cracking down on shadow finance and deleveraging the economy. Kate Moore, chief equity strategist at BlackRock Investment Institute … ( read original story…