Tag: banking

The One Belt One Road Initiative holds great promise for the global economy, but it needs a huge amount of financing. Initial presumptions that China would be able to provide all of the financing are now unrealistic. Other partners should consider ... ( read original story ...)

SHANGHAI, April 28, 2017/PRNewswire / -- China Rapid Finance Limited ('China Rapid Finance') (NYSE:XRF) announced today that its initial public offering of 10,000,000 American depositary shares ('ADSs') was priced at US$6.00per ADS, with a total offering ... ( read original story ...)

China's financial markets are fascinating to watch these days. Efforts by officials to decrease the nation’s enormous debt pile without destabilizing domestic markets are having profound consequences, most visibly in the bond market, where the yields on ... ( read original story ...)

CHINA is investigating a senior banking regulator, the anti-corruption watchdog said yesterday, as the government steps up a crackdown on the financial sector. Yang Jiacai, assistant chairman of the China Banking Regulatory Commission, is “suspected of a ... ( read original story ...)

... announce a $950 million recapitalization with a wholly-owned subsidiary of China Life Insurance Group (“China Life”), the largest financial insurance corporation in China, of an existing ElmTree net lease portfolio. This strategic partnership ... ( read original story ...)

So China uses the monetary power of its state to fund infrastructure at no cost to the taxpayer. Could Canada do the same? Thanks to CIB, we could develop a variation that would help modernize our aging infrastructure and vastly reduce the financial ... ( read original story ...)

As technology heralds the future of the finance industry, transaction banks are facing increasing competition from non-traditional providers, such as fintech companies. Supply chain finance has become a battlefield in China amid recovering global trade. ( read original story ...)

China will further open its economy to foreign investors, through measures such as allowing investment in more industries, such as services, state television said on Tuesday, citing a reform group meeting chaired by President Xi Jinping. China will also ... ( read original story ...)

“Beijing is escalating its war against corruption in the financial sector as we see senior officials being purged from securities, insurance and banking regulatory bodies,” said Hu Xingdou, a professor of economics at Beijing Institute of Technology. ( read original story ...)

BEIJING A top official at China's banking regulator is being investigated for suspected disciplinary violations, the country's top anti-graft body said, broadening the country's anti-corruption drive to include more financial supervisors. Yang Jiacai, the ... ( read original story ...)