China’s cleanup of its shadow-banking system is fueling a record number of liquidations in its $1.9 trillion mutual fund market. More than 600 funds have been closed this year, surpassing all liquidat… ( read original…
Tagged By finance
Can China Boom 40 More Years? Those Who Lived It Aren’t Sure
Born in the 1960s, he went to college, married, had a child, bought an apartment and worked steadily in finance. “Our generation is quite lucky as we got the good times brought by reform and…
China, EU lambast United States for miring WTO in crisis
GENEVA (Reuters) – The United States came under fire from China and the European Union on Monday, accused by both major trading partners of taking protectionist measures and bringing the World Trade O… ( read…
China Holds the Key to Growth After Year’s Losses in Metals Markets, Experts Say
(Bloomberg) — As China goes, so goes industrial metals. That’s the message from anxious investors rolling out of a rough 2018, when Trump trade tensions, Federal Reserve rate hikes, a strong dollar a… ( read…
China’s multibillion-dollar electric car companies are heading for a make-or-break moment
China’s push to lead the global development of electric cars is nearing a moment of truth. Two of the largest start-ups in the industry — both Chinese — launched new passenger vehicles in the last…
China’s ‘pent up demand’ may prop up Hong Kong’s property market in 2019
“If you look at the basic fundamentals, unless we get a financial crisis in China or something like that, I think we’re looking at a correction — not a crisis in the Hong Kong property…
Deutsche Bank ready to help German companies’ China ambitions as trade war pushes Beijing closer to Europe, says Asia chief
Deutsche Bank said it is ready to support German companies’ growing ambitions in China. It expects German firms to increase their investments as the US-China trade war prompts Beijing to deepen its ti… ( read…
China’s $856 Billion Startup Juggernaut Is Getting Stuck
(Bloomberg Opinion) — If you’re impressed by Masayoshi Son’s $100 billion Vision Fund, China’s $856 billion in “guidance funds” will blow your mind. The country is quickly becoming a major player in … ( read…
Boeing opens first 737 plant in China amid U.S.-Sino trade war
ZHOUSHAN, China (Reuters) – Boeing Co opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival Airbus in one of the world’s top ……
China’s consumers, factories take a beating as economic gloom deepens
Over the weekend, China reported far softer than expected November exports and imports, reflecting slower global demand and waning domestic factory activity as profit margins narrow. With economic gro… ( read original story …)
Canada-China Tensions Spell Big Trouble for Canada Goose Holdings Inc. (TSX:GOOS) Stock
Canada Goose has been caught in the crossfire of an unfolding diplomatic crisis between China and Canada. This began after Canadian authorities arrested Meng Wanzhou, the chief financial officer of Ch… ( read original story…
China Seeks to Defuse Trade War With Reversals on Cars and Corn
The 25 percent tariff imposed on vehicles as a tit-for-tat measure will be scrapped starting Jan. 1, the finance ministry said Friday. China also may buy at least 3 million metric tons of American cor……
China says to halt additional tariffs on U.S.-made cars from Jan. 1
BEIJING (Reuters) – China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019, the country’s finance ministry said on Friday, following a … ( read original story…