In March, Gang also spoke about how opening up China’s financial sector will result in progress. “History has proved that areas that are more open are more competitive, and areas that are less open ar……
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David Malpass is just what the World Bank needs
The bank has around $60 billion loaned to Beijing — the world’s second biggest economy, and clearly no longer a “developing nation.” And that’s freed up cash for China’s imperialistic … ( read original story…
China’s middle class doubling to 600 million is a key investment opportunity
AP Vihari Ross, head of research at Magellan Financial Group, points to coffee consumption in China as a long-term opportunity. Those with even modest discretionary income can afford this ritual. Chin… ( read original story…
U.S.-China Negotiations Are ‘Picking Up,’ USDA’s Censky Says
(Bloomberg) — Trade discussions between the U.S. and China have picked up as the March 1 truce deadline nears, according to Steve Censky, the U.S. Department of Agriculture’s Deputy Secretary. A team … ( read…
China accuses U.S. of trying to block its tech development
China’s government on Monday accused the United States of trying … Centre has found that the risk of using its networks is manageable, according to the Financial Times and several other British medi… ( read…
China says Australian cyber attack suggestion is ‘baseless speculation’
Shanghai | China has attacked suggestions it was behind a cyber hacking … Security sources told The Australian Financial Review the techniques and signatures used by the hackers had not been seen be… ( read…
China unveils plans to develop Greater Bay Area
Financial institutions in the Greater Bay Area … complementary strengths more effectively,” Wong said. Reporting by China Monitoring Desk and Kevin Yao in Beijing; Additional reporting by … ( read original story …)
China accuses US of trying to block its tech development
“China has not and will not require companies or individuals … according to a report by the Financial Times and several other British media outlets. Article Continued Below The reports cited anonymo… ( read original…
Global debt is not yet at financial crisis levels — but could be set for an explosion with China leading the way
Global debt is at elevated levels, but isn’t high enough to draw comparisons with the 2008 financial crisis just yet. Risky corporate debt, particularly in the form of leveraged loans, has been on the ……
Canada’s educational exposure to China
pointing out that the concentration of Chinese students “exposes universities to the risk of political tensions between Canada and China”. Financial theory asserts that risk can be offset by … ( read original story …)
China Stocks Surge to Five-Month Highs, and Overbought Territory
Hong Kong equities were also strong, with the Hang Seng Index up 1.6 percent. The yield on China’s 10-year government bonds rose by the most since Dec. 13. The U.S. and China are set to…
China Wants to Build the First Power Station in Space
(Bloomberg) — China’s space ambitions are shifting into a higher orbit. Following its successful and world-beating trip to the far side of the moon, China is preparing to build a solar power station … (…
2019 will be the year of ‘re-leveraging’ in China: UBS
“While the re-leveraging will likely be positive for short-term growth and the equity market, it may increase investor concerns about China’s medium-term objective of containing leverage and financial … ( read original story …)
