HANOI — Beijing-led Asian Infrastructure Investment Bank has approved a loan of $100 million to a Hanoi-based commercial bank, its first commitment to a Vietnamese bank as bilateral tensions grow … ( read original story…
Tagged By finance
China Fortifies Hong Kong’s Role as Financial Powerhouse
China’s tightening grip on Hong Kong has some in the West predicting the city’s days as a global financial center are numbered. Beijing, however, is betting the former British colony will grow into a ……
U.S. Exim Bank Out to Displace China After Record Loan in Africa
Import Bank of the U.S. opened a new front in the trade war between America and China with its biggest loan yet in sub-Saharan Africa, as it plans to compete more aggressively on the continent.…
CORRECTED-China c.bank to pause easing as economy recovers, wary of over-stimulus -sources
China’s central bank does not see an immediate need to ease monetary policy further, but will keep conditions accommodative to support a recovery in the world’s second-largest economy, four policy … ( read original story…
Rogue tycoon shareholders spur China financial sector clean-up
In fact, analysts had warned for years about a potential build-up of bad debt at Yingkou, a mid-tier lender based in northern China. But those longstanding concerns have been linked to the financial … (…
Yum China Gets Beijing 2022 Winter Olympics Sponsorship
The sponsorship rights also allow the company to use the Olympic marks, imagery of the Beijing 2022 Olympic Winter Games and marks of the Chinese Olympic Committee for advertisement and … ( read original story…
China’s Huatai joins chase to bank rich retail investors trading offshore
China’s Huatai Financial Holdings has big plans for a billion-dollar overseas push, said chief executive Levin Wang – it aims to overtake top players like Futu Holdings in the fast-growing market for … ( read…
China bought more US debt in May despite talk of financial war amid rising trans-Pacific tensions
China modestly increased its holdings of US Treasury securities in May, the first in three months, despite rising trans-Pacific tensions and growing talk of a financial war between the world’s two … ( read original…
Beijing 2022 announce Yum China as retail food sponsor
Beijing 2022 has now signed 32 sponsoring enterprises including 10 official partners. Some of the largest names to back the Games include Bank of China, Air China, Tsingtao Beer and Yanjing Beer. ( read original…
China Plans Quarterly Look Into Banks’ Green Finance Performance
China will start reviewing how banks are performing in the green finance sector on a quarterly basis from next year, as the world’s second-largest economy steps up efforts to promote sustainable … ( read original…
Beijing Jawboning Boosts Fanhua And Its U.S. Listed Brethren
Wealth effects of bull market touted by Beijing political leadership, whipping up trading volume and prices of China stocks. Price comparisons of U.S. ( read original story …)
Standard Chartered to Add 1,600 Staff at New Bank Center in China
Standard Chartered Plc plans to add more than 1,600 staff over the next three years at a new center in southern China as the nation aims to transform the coastal region near Hong Kong into…
China’s central bank has better stimulus options than the Fed
Western depictions of the relative performance of the US Federal Reserve and the People’s Bank of China invariably present the former as sophisticated and proactive, while the latter is portrayed as … ( read original…
