Moreover, despite the global rise of authoritarianism and the post-financial crisis malaise, the high-income democracies continue to possess a more attractive ideology of freedom, democracy and the ru… ( read original story …)
Tagged By finance
China is slowing and could drag the world economy down with it
They said global economic growth could slow to 2.3% in 2019 if conditions worsen, marking the lowest level in more than a decade and a pace not seen since the financial crisis. For industrial sectors…
Asian shares advance ahead of Fed meeting, U.S.-China talks
SINGAPORE — Asian markets rose Wednesday as traders awaited a Federal Reserve policy meeting and U.S.-China talks, though Japan’s benchmark declined. KEEPING SCORE: Japan’s Nikkei 225 index retreated … ( read original story …)
China hit by MORE economic pessimism as annual growth SLASHED across provinces
The Chinese economy has been hit by a raft of weak data in recent months, with 2018 marking China’s slowest annual pace of growth in almost three decades amid growing signs of financial weakness. The…
Myanmar puts Beijing-backed hydropower dam into limbo
Myanmar’s government said on Tuesday it had no plans to resume work on a controversial, currently frozen Chinese-backed hydropower dam, despite intensifying pressure to do so from Beijing … to a que… ( read original…
China ‘rebalances’ overseas lending on debt burden concerns
China is “rebalancing” its overseas lending practices in the face of mounting concerns over the debt burdens of developing countries, the head of the Asian Infrastructure Investment Bank told the Fina… ( read original story…
U.S. charges China’s Huawei with bank fraud
The United States on Monday charged China’s Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to violate sanctions against Iran in a case that has esc… (…
China’s Crackdown on Pollution Is a Boon to the World’s Shipbuilders
(Bloomberg) — Sign up for our new China newsletter, a weekly dispatch coming soon on where China stands now and where it’s going next. The world’s biggest shipbuilder sees China’s cleanup of its smog… (…
China wants to boost loans to small businesses. Tech companies may be the answer
As China lacks a standardized credit system, roughly 80 percent of the nearly 90 million small and micro-sized enterprises don’t have a credit with a bank, according to Tencent-backed WeBank. That’s w… ( read original…
Being Bullish on China Bank Stocks Is a Losing Game
Making bullish calls on Chinese banking stocks must be a depressing endeavor. They’re falling behind again. On a market-cap weighted basis, the nation’s lenders rose only 6 percent this year, compared … ( read original…
U.S. charges China’s Huawei with bank fraud, stealing trade secrets
WASHINGTON (Reuters) – The United States on Monday charged China’s Huawei Technologies Co Ltd, its chief financial officer and two affiliates with bank and wire fraud to violate sanctions against Iran … ( read original…
Citi sees stronger China wealthy client base in 2019 despite economy slowing
which provides debt and equity underwriting and financial advisory services. Late last year, Citi agreed to sell its minority stake in its China brokerage joint venture to its Chinese partner, Orient, … ( read original…
Trump’s Freeze on China Exposes Israeli Tech Firms to Chill Wind
(Bloomberg) — Igal Rotem’s fastest-growing market is China, while most of the investors in his online banking service are American. That puts the Israeli executive at the crux of a geopolitical power … ( read…
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