(Bloomberg) — China’s finance ministry has warned the country’s state-owned financial assets need further protection from mismanagement, following the release of new data on the size of their balance … ( read original story …)
Tagged By banking
Rising air pollution: Lessons Delhi can learn from Chinese capital Beijing
Delhi faces the same challenge as Beijing did—what we lack is political willingness and public anger to force the govt to take hard action. Not long ago, Delhi and Beijing competed with each other for…
Ford appoints new China chief to tackle sales slump
BEIJING/SHANGHAI (Reuters) – Ford Motor Co (NYSE:F – News) has appointed a new head of China operations to help turn around flagging sales in the world’s largest auto market, filling a post that had b……
Hedge fund manager Kyle Bass: Dire financial straits in China give Trump major leverage on trade
China is facing its “worst financial situation” in 17 years, says Bass, who made a huge currency bet in 2016 against the Chinese yuan. “We are in our strongest negotiating position we’ve ever had agai……
China’s Central Bank to Offer More Funds to Private Companies
China announced fresh measures to ease the funding strains of private companies, as top officials seek to restore confidence in the world’s second-largest economy. The State Council announced it would … ( read original story…
Chinese bank workers get slithery surprise after python literally crashes their meeting
The short-lived meeting took place Friday at the Industrial and Commercial Bank of China in the city of Nanning in Guangxi Province, China News reported. CCTV footage of the hiss-terical incident … ( read original…
China banking watchdog says financial risks ‘fully controllable’: CSJ
BEIJING (Reuters) – China’s systemic financial risks are “fully controllable”, the official China Securities Journal newspaper reported on Monday, citing the head of the country’s banking and insuranc… ( read original story …)
Trump’s trade war isn’t the main drag on China’s economy
Exports to the U.S. account for less than 4% of China’s GDP. “The slowdown is not principally due to trade frictions,” economists at PNC Financial Services Group wrote in a note. ( read original story…
Chinese premier tells European, Asian leaders Beijing will continue reform
BEIJING (Reuters) – Chinese Premier Li Keqiang said at a meeting between Asian and European leaders in Brussels that China will continue to open up its economy, push forward reforms and improve its bu… (…
China economic growth weakest since 2009, government moves to lift confidence
BEIJING (Reuters) – China’s economic growth cooled to its weakest pace since the global financial crisis in the third quarter, with regulators pledging further policy support as a years-long campaign … ( read original story…
European Universities Growing in Popularity among Chinese Students, Says Harrow Beijing, Host of Beijing International Schools’ University Fair
BEIJING, Oct. 19, 2018 /PRNewswire/ — Harrow Beijing, an affiliation of Harrow School London (est. 1572), successfully hosted the Beijing International Schools’ University Fair this week … ( read original story …)
HSBC May Become First Foreign Firm to List in China
The issuance of CDRs on the Shanghai stock exchange will be more of a symbolic move for HSBC, which will gain a lot of publicity that could help the bank’s branding and business advisory services…
Dehn: China Can Keep Financial Risks Under Control
(Bloomberg) — The trade-war counter measures taken by China aren’t even showing yet says Jan Dehn, Head of Research at Ashmore. He told Daybreak Europe’s Francine Lacqua that with CSI down 30 percent … (…
