Germany’s bellyache about China’s foreign direct investment policy is a sign of Europe’s growing displeasure with what is perceived as an imbalance in the economic ties between the Old Continent and the Asian giant. Sectors…
Tagged By banking
China’s Debt Addiction Could Lead to a Financial Crisis
The China state-capitalism model was the talk of the annual Davos Economic Conference in 2011. Not only had the Middle Kingdom managed to deftly sidestep the 2008-09 global credit crisis, but its gross domestic product…
What I read this week: A digital payment infra for India and if China is nearing a debt crisis
The debt treadmill In June, Torsten Slok, chief international economist at Deutsche Bank Securities, published a chart showing that China’s credit bubble exceeded even that of the US in 2007, on the cusp of the…
Deutsche Bank stake in China's Harvest offers some comfort in troubled times
HONG KONG In the checkered history of foreign-sino joint ventures, Deutsche Bank’s (DBKGn.DE) 30 percent stake in Beijing-based Harvest Fund Management has proven a savvy investment – and may provide the German bank with a…
China's money rates drop on liquidity support and mild yuan recovery
SHANGHAI, Nov 4 China’s primary money rates fell sharply for the week on liquidity support through a central bank-led medium term lending facility (MLF), and mild yuan strengthening against the dollar also eased demand for…
Investment banking activity in Singapore in downward spiral
Most of the bank’s employees in the region are located in Hong Kong, Singapore, and China and it is in these countries that the cuts will take place. Goldman is not the only investment bank…
All eyes on central banker Zhou after finance minister Lou steps down
China’s longest-serving central bank governor, steps down and who can replace him? The answer matters for the Chinese economy and the world because Zhou and Lou are regarded as the cream of the pro-market Chinese…
China has limited room for further monetary easing: CICC
Investment bank CICC believes there is limited room for China’s central bank to use further monetary easing, saying focus would shift to curbing asset bubbles and guarding against financial risks. Room for further monetary easing…
South Korean Bank Creates Cross-Border Bitcoin Service
A joint effort between the bank and Streami Inc. will oversee the cross-border service between Korea and China. Shinhan Bank and Streami Plan to Launch South Korean Bitcoin Remittance Platform Blockchain remittance could save significant…
Bank Of China's $500M LSE 'Green' Bond Listing Cements Exchange's Position
With the London Stock Exchange (LSE) welcoming the listing of the first ever Chinese Green Covered Bond today from the Bank of China, which raises $500m from international investors split between Asia and Europe, it…
Bank Of China's $500M London Green Bond Listing Cements Exchange's Position
With the London Stock Exchange (LSE) welcoming the listing of the first ever Chinese Green Covered Bond today from the Bank of China, which raises $500m from international investors split between Asia and Europe, it…
China's household debt a growing risk to economy
Faced with expensive medical bills to treat breast cancer, the 38-year-old nurse from Heilongjiang in northern China is struggling to repay her mortgage and relies on financial support from her wider family to pay for…
China says may relax foreign ownership controls on financial firms – statement
HONG KONG (Reuters) – China may allow foreign investors to hold controlling stakes in mainland securities, fund management and insurance companies, the Chinese and British governments said, underlining Beijing’s commitment to opening up the mainland…
