Noah Holdings Ltd. was a poster child for the dangers lurking in China’s $8 trillion shadow banking system. Now it’s at the fore of a historic shift in Chinese asset management, one that policy makers…
Tagged By finance
China’s new green development fund raises $12 billion in phase 1
China’s first dedicated environmental fund, which will invest in green projects and firms, has already raised 88 billion yuan ($12.59 billion) in its first phase, an environment ministry official said … ( read original story…
The US has more to gain from WTO reform than just punishing China
In my view, that process begins with China.” In the Q&A that followed, China was mentioned 200 times; the word “trade” was said only 291 times. The China problem is largely framed in terms of…
Xi uses annual conference of infrastructure bank to spell out China’s multilateral and global ambitions
China’s president calls for efforts to make the Asian Infrastructure Investment Bank ‘a new type of development platform’ … ( read original story …)
Beijing Takes Over U.S. Chengdu Consulate After Forced Closure
Chinese authorities have taken over the U.S. consulate in Chengdu following its closure, the latest historic milestone marking the deterioration in relations between Washington and Beijing.The U.S. lo … ( read original story …)
Moutai Profit Rises 13% as China Liquor Market Shows Resilience
Liquor giant Kweichow Moutai Co. said its net income rose 13% in the first half of 2020 as the recovering local economy boosted demand for its ultra-premium line of baijiu, China’s national drink, … (…
China’s central bank injects 80b yuan into market
China’s central bank Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 80 billion yuan ($11.45 billion) into the market through … ( read original…
China’s central bank injects 80bil yuan into market
China’s central bank Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 80 billion yuan (US$11.45 billion) into the market through … ( read original…
Trump Adviser Infected; Beijing Reports New Case: Virus Update
A renewed increase in coronavirus infections around the world is presenting challenges from China to Germany. Beijing confirmed a fresh case after going weeks without, and Vietnam is battling a sudden … ( read original…
China’s central bank injects 80 bln yuan into market
China’s central bank Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 80 billion yuan (about 11.45 billion U.S. dollars) into … ( read original…
U.S.-China Trade Deal In Difficult Position, Says Beige Book CEO
Leland Miller, China Beige Book chief executive officer, says it’s hard for President Donald Trump to stand behind the trade deal and be tough on China. He appears on “Bloomberg Markets.” … ( read original…
Wig Export Industry in China 2020-2024 – Affected by COVID-19, Export Volume Has Decreased in the First Five Months of 2020, but Price Kept Rising
The “Research Report of the Wig Export Industry in China 2020-2024” report has been added to ResearchAndMarkets.com’s offering. ( read original story …)
HSBC braced for grilling over Beijing links by key investors
HSBC is preparing to fend off a barrage of questions over its relationship with Beijing when it speaks to investors next week, as bosses fight to stay out of a diplomatic stand-off with the West.…
