The U.S.-China trade war and expanding global geopolitical unrest have been key worries for the Bank of Canada, she noted. “The global development that concerns me the most, though, is rising debt,” … ( read…
Tagged By finance
China’s Slowdown Already Hit Its Factories. Now Its Offices Are Hurting, Too.
Alexandra Stevenson is a business correspondent based in Hong Kong, covering Chinese corporate giants, the changing landscape for multinational companies and China’s growing economic and financial inf… ( read original story …)
China’s Tab at World Bank May Get Squeezed Under Trump’s Nominee
Curtailing World Bank lending to China would fit with the administration’s efforts to contain Beijing’s economic power. Even before the trade war, there were experts arguing that it’s time for Beijing … ( read original…
Deutsche Bank betting big on China
Deutsche Bank plans to capture more market share in China as the country continues to open its financial sector to foreign players, said Werner Steinmueller, the bank’s Asia-Pacific CEO. Steinmueller … ( read original story…
China orders banks to boost financial support to small firms
BEIJING (Reuters) – China’s banking and insurance regulator on Wednesday urged banks to continue increasing lending to smaller firms and further cut their financing costs, as policymakers work to aver… ( read original story …)
After Italy, Malta says it’s considering joining China’s Belt and Road investment scheme
The White House has previously said Italy’s intention to potentially join with Beijing on the scheme could hurt its international reputation, according to the Financial Times. Another European country … ( read original story …)
China Stock Bulls Get Painful Wake-Up Call as 5G Trade Unravels
(Bloomberg) — China Mobile Ltd. just pulled the rug out from under one of the world’s hottest trades. Buying Chinese stocks related to 5G is no longer a slam dunk. Competition to supply China’s telec……
Monetary ‘glue’ bonds China and the US
Gideon Rachman warns that US-China tensions could escalate beyond trade and split the world into two geopolitical blocs, akin to a technological-economic cold war 2.0 (“The return of a two-bloc world” … ( read original…
China using ‘pay-day loan diplomacy’ in the Pacific: U.S. diplomat
SYDNEY (Reuters) – China’s is using “pay-day loan diplomacy … which the West says is needed to prevent the Pacific falling into financial distress and becoming susceptible to diplomatic … ( read original story …)
Ant Financial eyes listing on Shanghai tech board: report
Ant Financial, the financial services affiliate of China’s Alibaba Group, plans to go public on the new technology innovation board being established by the Shanghai Stock Exchange, according to a mai… ( read original story…
China Internet Nationwide Financial Services Inc. (CIFS) Can’t Burn Your Short Portfolio. Has Another Weak Session
The stock of China Internet Nationwide Financial Services Inc. (NASDAQ:CIFS) is a huge mover today! The stock decreased 6.71% or $0.22 during the last trading session, reaching $3.06. About 798,299 sh… ( read original story…
Saskatchewan farmers want more federal action on China canola impasse
SASKATOON — The organization that represents rural communities in Saskatchewan says Ottawa must do more to sort out a trade dispute with China that is affecting some Canadian canola exports. ( read original story …)
UPDATE 1-China should learn from Japan’s lost decade -former official
China would continue its financial sector reform and further open its markets to foreign investors, enabled in part by the increasing internationalisation of its currency, the yuan, he said. “After so … ( read original…
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