“China stands in a league of its own as a provider of export and trade-related finance,” EXIM said in its annual competitiveness report to Congress. EXIM said that Beijing has brought a total … (…
Tagged By finance
China’s banks face cash crunch fears after authorities seize lender
China’s central bank and its banking and insurance regulator announced in late May they would seize control of the unlisted Baoshang Bank for a year. Since then, risk aversion has spread among big … (…
China Is Walking a Monetary Tightrope as Trade War Plays Out
The People’s Bank of China is leaning on commercial lenders not to reduce home mortgage rates, amid signs that the traditionally frothy sector is poised to take off again, according to people … ( read…
Asiamoney best transaction banks in China 2019
Known as Gongyinju, Industrial and Commercial Bank of China’s homegrown e-commerce platform is widely used among the bank’s corporate clients. Over the last five years, ICBC has built and adapted … ( read original story…
Asiamoney China green finance awards 2019
Last year, management issued guidelines on seizing opportunities where green finance can be used to support strategic government initiatives such as BRI, regional economic development in the north … ( read original story …)
Can Europe, Brexit inspire China’s bid for mega market?
The central bank’s branch in Shenzhen, under President Xing Yujing, produced a 295-page report on financial and economic integration in the bay, which suggested building a single market akin to the 28 … ( read…
China Finance Online’s (JRJC) CEO Zhiwei Zhao on Q1 2019 Results – Earnings Call Transcript
China Finance Online Co. Limited (NASDAQ:JRJC) Q1 2019 Earnings Conference Call June 26, 2019 8:00 PM ET Company Participants Dixon Chen – Investor Relations Zhiwei Zhao – Chairman and Chief … ( read original story…
China’s Vehicle Demand Forecast to Fall for Second Straight Year
(Bloomberg) — China’s vehicle demand is expected to decline for the second straight year, extending a historic slump as customers delay purchases amid trade tensions with the U.S., industry watchers … ( read original story…
Why Trump and China Are Unlikely to Reach a Trade Deal at the G20 Summit
China responded with a tariff increase on $60 … The WTO stated in its report that while tariff increases have “roiled financial markets,” they have not yet led to “significant trade … ( read original…
Huawei Personnel Worked With China’s Military on Research Projects
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. Several Huawei Technologies Co. employees have collaborated on research projects with … ( read…
China’s Central Bank Is Said to Push Banks to Curb Mortgages
China’s new home price growth accelerated … and has moved to ease financial conditions multiple times for small and private businesses to aid growth, primarily through the use of its reserve … ( read original…
How Trump’s China tariffs could ruin your Fourth of July
“The only global supplier for consumer fireworks is China,” Atlas PyroVision Entertainment CEO Steve Pelkey told Yahoo Finance’s On the Move. “There is no other country that can manufacture those … ( read original story…
U.S. hopes to re-launch China trade talks, will not accept conditions on tariffs
Expectations for that meeting so far appear to be low, with the best-case scenario a resumption of official talks that could ease fears in financial markets that the already long trade dispute would … (…
