The $40,000 Joe ‘the Big Guy’ Biden received was exactly 10 percent of the $400,000 Hunter Biden received from CEFC.
Tagged By banking
James Biden Wrote Brother Joe $40,000 Check Immediately after Receiving Chinese Cash, Bank Records Show
The committee says the series of payments establish a direct benefit for Joe Biden from his family’s business dealings abroad.
China Set to Tighten Hold on Crackdown-Hit Finance Sector
China is set to step up its hold over the $61 trillion financial sector, amidst a regulatory crackdown that has seen detentions of several top executives and an unrelenting crusade against corruption …
Shengjing Bank: The truth behind a troubled Chinese bank’s strange bailout
Yes, you read that right. The buyer is paying for the assets it is acquiring by borrowing heavily from the bank it is purporting to be trying to save. Even in China’s super-opaque financial sector…
Committee: President Biden received $40k in ‘laundered China money’ from brother
House Oversight Committee Chairman James Comer said Wednesday that President Biden in 2017 received $40,000 in “laundered China money” from the bank account of his brother James Biden and …
Beijing eases rules for home buyers
Photo/VCG] Beijing adjusted polices of housing provident fund loans on Wednesday as part of an effort to loosen restrictions on hous …
Record High Short-Term Interest Rates in China Raise Liquidity Alarm Bells
China’s short-term interest rates reached 50%, causing liquidity concerns; People’s Bank may lower the reserve requirement ratio (RRR).
China’s Property Sector Loans Contract for First Time on Record
The outstanding amount of loans to the property sector fell 100 billion yuan to 53.19 trillion yuan ($7.3 trillion) at the end of September compared with the level a year earlier, according to a …
China doubles down on tried, tested infrastructure spending, but is it still the right fit in a debt crisis?
Central financial work conference vowed to set up a long-term mechanism to resolve debt risks on Tuesday after Beijing’s fiscal revision and treasury bond approval last week Analysts say raising the …
China strengthens capital management rules for banks
BEIJING, Nov 1 (Reuters) – China’s financial regulator is beefing up capital rules for banks to combat financial risks, the National Financial Regulatory Administration said in a statement on …
UPDATE 1-China’s interbank overnight repo rate remains elevated – official data
China’s short-term money rates remained elevated on Wednesday, notably among non-bank financial institutions, as rising government bond supply and the newly approved 1 trillion yuan sovereign bond …
China rate scare reminds watchdogs of hidden risks
HONG KONG, Nov 1 (Reuters Breakingviews) – China’s top regulators can be in no doubt about the scale of financial risks they have been trying to stamp out. As banking watchdogs this week completed a…
China’s new economic tsar faces challenges emulating his predecessor
BEIJING (Reuters) – China’s new “economic tsar” He Lifeng is emerging as one of President Xi Jinping’s most powerful lieutenants, but some sources say he is yet to gain the standing of his predecessor …