She said the U.S. tariff hike and a retaliatory move by China would trigger an economic downturn due to instability in commodities and financial markets, while company moves to adapt would put pressur… ( read…
Tagged By finance
China banks on lending to ease slowdown
He also has the support of the Agricultural Bank of China, one of the big four state-owned banks. “The support of the government can be a plus, let’s say, to help the development of the…
China says it is not a threat to Norway, denies cyber espionage
OSLO (Reuters) – A Norwegian intelligence assessment that China posed a threat to the Nordic country’s security by seeking to steal its secrets was “ridiculous”, the Chinese Embassy said on Monday as … ( read…
Chinese female billionaire: ‘You’re not going to see a collapse of the economic growth in China’
The question is, how is that going to end, right?” Zhang Xin, the CEO of Soho China, told Yahoo Finance at the World Economic Forum in Davos. The months-long trade tension between Washington and Beiji……
World markets subdued on US-China trade worries
SINGAPORE — World markets were mixed Monday amid speculation over the next steps in a dispute between the U.S. and China over technology development and trade following meetings in Washington last wee… ( read original…
Everything you need to know about WeChat — China’s billion-user messaging app
It is possible to be nearly cashless in China and actually go out for the day without a wallet. The main rival to WeChat Pay is Alipay, owned by Alibaba affiliate Ant Financial. WeChat and…
China’s central bank rolls out ambitious reform plan
The People’s Bank of China has released its latest reform plan which focuses on its function, internal organizations and staff, The Paper reported. A new Macro-Prudential Management Department has bee… ( read original story …)
Analysis: Chinese Traders Remain Lucrative, Despite Beijing Scrutiny
For this reason, the Finance Magnates Intelligence Department has launched a new project, creating a set of indices encompassing various aspects of the online trading industry. These indices will prov… ( read original story …)
China Buys 2 Million Tons of U.S. Soybeans Post Trade Talks
(Bloomberg) — China has snapped up more U.S. soybeans following two days of trade talks in Washington. State-run buyers Cofco Corp. and Sinograin purchased more than one million tons of American soyb… ( read original…
China’s Ready to Party Like It’s 2015 Again
(Bloomberg Opinion) — Prepare for a repeat of China’s 2015 boom, bust and whimper? Days after replacing an overly cautious securities regulator, Beijing has mounted a multi-pronged effort to revive t… ( read original story…
Banking and Financial Smart Cards market scaling rapidly according to new research report
From a global perspective, this report represents overall Banking and Financial Smart Cards market size by analyzing historical data and future prospect. Regionally, this report focuses on several key … ( read original story …)
China’s PBOC Sets Up Bureau to Improve Financial Oversight
(Bloomberg) — The People’s Bank of China has set up a department to oversee and eliminate financial risks, as part of its restructuring of departments and personnel. The PBOC established the macro-pr… ( read original…
Norway’s $1 Trillion Man Talks Brexit, China and Big Tech
YS: Finance is a privileged area to work in because it’s a gravitational … BM: Some of these companies—Alibaba, Tencent—are operating in China. What is your view on the opportunity in the Chinese ma… (…
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