Ireland set to join China-led investment bank

A wave of about 25 African, European and South American countries, including Ireland, is set to join the China-led Asian Infrastructure Investment Bank this year, reinforcing Beijing’s determination to push a global agenda even as US President Donald ... ( read original story ...)

China cracks down on bids to bypass online censorship

Beijing (AFP) - China has announced a 14-month campaign to "clean up" internet service providers and crack down on devices such as virtual private networks (VPNs) used to evade strict censorship. The ruling Communist party oversees a vast apparatus ... ( read original story ...)

China and Shadow Financing

Of course, concerns about debt and the financial system are not unique to China. In Italy, for example, many banks found themselves saddled with non-performing loans (bad debt), and some small banks faced restructuring. New European Union rules now require ... ( read original story ...)

‘Chinese Dragons’ Overtake U.S. in Financial Tech Investment

China has unseated North America as the global investment leader in financial technology, or "fintech," according to Citigroup's (c) latest report on "digital disruption." The researchers attribute the power shift to the rise of what they term "Chinese ... ( read original story ...)

Global investment banking revenue drops to lowest since 2012

Beijing-based Oceanwide pledged US$3.8 billion to take control of US insurer Genworth Financial in 2016. The 2016 global investment banking revenue rankings was led by JPMorgan, which topped the table with an 8 per cent market share. Goldman Sachs and Bank ... ( read original story ...)