OTTAWA (Reuters) – China’s embassy in Canada said on Thursday that bilateral ties were suffering “gross difficulties,” and demanded Ottawa free Huawei Technologies Co Ltd Chief Financial … ( read original story …)
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China’s central bank to issue fintech development plan, curb risks
BEIJING (Reuters) – China’s central bank said on Thursday it will issue a three-year development plan for the country’s financial technology (fintech) sector, in a move to support the fast-growing … ( read original story…
China’s new road to globalisation
Outside China, the BRI appeals particularly to countries that fell victim to the 2008 global financial crash and subsequent euro crisis. For example, during the darkest days of its sovereign debt … ( read original…
3 events are revealing a potential ‘textbook’ of China’s information operations
The Hong Kong protests have been a rare case for China, attracting global attention due to the widespread media coverage and its impact on the financial markets, Watts said. The key topics from the ……
Trump acknowledges China policies may mean U.S. economic pain
OK? The fact is somebody had to take China on.” The Republican president indicated that he had no choice but to impose the tariffs that have been a drag on U.S. manufacturers, financial markets and,…
Goldman Applies for Control of China Investment Banking Venture
Goldman Sachs Group Inc. sought regulatory approval to buy a majority stake in its investment banking joint venture in China … a spokesman said Wednesday. Beijing Gao Hua Securities Co., controlled … ( read original…
China Traders Bet Big on a Lagging Bank Stock in Hong Kong
(Bloomberg) — It’s trading near its lowest levels since 2016 and has lost $44 billion in value since an April peak — but mainland investors can’t seem to get enough of China Construction Bank Corp.…
Pentagon warns of China’s growing influence in the Middle East
Defence officials are concerned about China’s “desire to erode US military advantages” in the Middle East, Michael Mulroy, the top Pentagon official for the region, told the Financial Times. He argued … ( read original…
Exclusive: China’s Tianjin government orders Bohai Steel restructuring start by September: sources
Since debt-to-equity swaps were re-launched by China in 2016 as a way to reduce corporate financial leverage, they have become a popular tool for banks to deal with state firms’ debt burdens in … (…
China hopes U.S. will come back to the negotiating table at Chile climate talks
“To have that financial support in place is very important and that’s the objective we would like to achieve.” China is a key investor in Chilean renewable energy projects and manufactured half of the ……
Trump says he had to ‘take China on,’ regardless of short-term impact on U.S. economy
“China has been ripping this country off for … that the trade war could trigger a possible U.S. recession weighed on financial markets last week and seemed to put administration officials … ( read original…
Chinese Bank Perpetual Bond Sales Boosted by Hunt for Yields
(Bloomberg) — The global hunt for yield is a boon for Chinese banks raising capital via perpetual bonds. Agricultural Bank of China Ltd. sold 85 billion yuan ($12 billion) of perpetual bonds last … (…
Donald Trump acknowledges China policies may mean US economic pain
The president indicated that he had no choice but to impose the tariffs that have been a drag on U.S. manufacturers, financial markets and, by some measures, American consumers. President Donald Trump … ( read…