Financial conditions in the United States were “generally good” right now, with the potential for its economic growth to outpace China, St. Louis Fed president James Bullard said on Tuesday as the … ( read…
Tagged By banking
China Eyes Rare Earth Export Curbs for U.S. Defense, FT Says
China is exploring whether it can hurt U.S. defense contractors by limiting supplies of rare-earth minerals that are critical to the industry, the Financial Times reported. ( read original story …)
China-Australia relations: Australian miner BHP ‘not banking on’ coal ban to be lifted any time soon
Australian miner BHP acknowledged that its coal business, which is under review for sale or spin off, has taken a hit due to a trade spat between Australia and China. ( read original story …)
Hobbled US Import-Export bank is given new life to battle an aggressive China
As Washington’s concerns over China’s state-subsidised financing grew, the Export-Import Bank of the United States was reopened with an emboldened mandate. ( read original story …)
Biometrics Banking Market Is Booming Worldwide : Biolink Solutions, Ample Trails, Digital Persona, Authentik Solutions
Stay up-to-date with Biometrics Banking Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. ( read original story …)
Bitcoin’s mainstream charge raises stakes for central bank digital cash
As cryptocurrencies increasingly go mainstream, pressure is growing on the world’s biggest central banks to move forward with their plans to issue … ( read original story …)
China congratulates former Nigerian finance minister Dr. Ngozi Okonjo-Iweala on her appointment as new WTO head
AFP “China congratulates Ngozi Okonjo-Iweala on her appointment as the new director-general of the WTO,” says an official from China’s commerc … ( read original story …)
‘Let’s think big’: Germany wants to work closely with Biden on trade, China, climate
BERLIN: Germany wants Europe and the United States to strengthen transatlantic ties with a trade deal to abolish industrial tariffs, a WTO reform … ( read original story …)
Ex-Im Bank: Reimagine, Don’t Exit
Though often maligned, the Ex-Im Bank makes the U.S. more competitive in international markets. Few federal agencies attract as much derision and contempt from free-market conservatives as the … ( read original story …)
China Expands its Political Control in the South China Sea
China has earned itself a reputation as a bully in the South China Sea. Its relentless coast guard patrols, frequent maritime militia operations and regular naval deployments are well documented. ( read original story …)
China’s overseas investment is falling just when the global economy needs it most
Chinese investment, in physical infrastructure especially, has been a key driver of global growth alongside its GDP contribution. Its decrease over the past few years is bad news for a global economy … ( read…
China’s top 5 infrastructure projects set to cost US$131 billion, but overall investment set to drop amid debt fears
China turned to its old playbook to drum up growth amid the coronavirus outbreak by boosting investment spending on infrastructure projects, but that has also added to overall debt levels. ( read original story …)
CDB loans to Beijing-Tianjin-Hebei region hit 628.7 bln yuan in 2020
The China Development Bank CDB one of the country policy banks has issued 6287 billion yuan about 974 billion US dollars … ( read original story …)
