New regulations for fintechs in China are re-shaping the space. We spoke to LianLian Global CEO David Messenger to find out more …
Tagged By finance
China to boost audit of fiscal, financial funds in 2022
China will boost audit of fiscal and financial funds with a focus on auditing the implementation of major government policies, the top auditor said Thursday. In 2022, the audit will focus on fiscal …
Beijing Olympics to Start in 1 Month — What to Know About the 2022 Winter Games amid COVID Pandemic
Despite an alarming increase in COVID-19 cases due to the omicron variant worldwide, the 2022 Beijing Winter Olympics are still happening and will start in exactly one month. On Monday, International …
China plans peace envoy for conflict-riven Horn of Africa
MOMBASA — China said on Thursday it would appoint a special envoy to foster peace in the turbulent Horn of Africa and wanted to shift focus on the continent to trade over infrastructure. Foreign …
Shimao Default Notice Hammers Bonds, Stokes China Property Fear
Shimao Group Holdings Ltd., a bellwether for financial contagion in China’s embattled property industry, suffered its biggest-ever bond rout on Thursday after a creditor said one of the developer’s …
Beijing, Shanghai, Other Chinese Cities Slash Price of Extra-Curricular Classes by Over 70%
Beijing, Shanghai and a host of other Chinese cities have issued new price guidelines for after-school classes, reducing them by as much as 70 percent in some cases, as part of the Chinese …
China’s central bank releases pilot version of digital yuan wallet
As China’s central bank steps up its effort to create a digital currency, the country has released a pilot edition of its digital yuan wallet application on mobile phone app stores. The People’s Bank …
IEEFA: Accepting gas as unsustainable will bolster China’s position on green energy finance
As some green taxonomies compromise on gas, China’s own exclusion of fossil fuel electricity projects sends the right market signal.
Oil Falls on Tighter U.S. Monetary Policy, China Demand Angst
Oil retreated for the first time in four days on the prospect of tightening U.S. monetary policy, and on signs Chinese demand will weaken due to the worst Covid-19 outbreak since the initial flareup …
Attracting the Right Talent to Grow a Young Bank
Why is the Bank also recruiting young talent? Young talent have a lot to contribute to AIIB; at the same time, they can learn a lot from AIIB. We are a fast-growing institution and expanding…
Finding China’s Moderna is a financial long shot
HONG KONG, Jan 6 (Reuters Breakingviews) – Finding China’s answer to Moderna (MRNA.O) comes with huge health warnings for investors. The $87 billion biotechnology giant’s Covid-19 vaccines have …
IGM Financial unit to double stake in ChinaAMC for $901 mln
Canadian asset management firm IGM Financial Inc IGM.TO said on Wednesday its subsidiary Mackenzie Financial Corp will acquire a 13.9% stake in China Asset Management Co in a C$1.15 billion ($900.55 …
China Property Tax Trial Likely Delayed During Real Estate Slump
(Bloomberg) — China’s property tax could be another casualty of the … a Peking University professor who is also the legal adviser to the Finance Ministry and legislative adviser to the standing …
