Stanbic Bank and the Industrial and Commercial Bank of China (ICBC) have celebrated ten years of partnership by hosting a high level Business forum for members of the Ugandan/China Business community. ICBC, the world’s biggest…
Tagged By finance
A Chinese State Bank Offered Dinner With Trump for $150,000. The Trump Campaign Was Not Amused
China’s second-largest state-owned bank offered wealthy clients the opportunity to have dinner with the American president for $150,000 a ticket, spurring a complaint from Donald Trump’s re-election campaign to the U.S. Department of Justice. (…
China denies it has offered a $200 billion package to slash U.S. trade gap
BEIJING (Reuters) – China denied on Friday that it had offered a package to slash the U.S. trade deficit by up to $200 billion, hours after it dropped an anti-dumping probe into U.S. sorghum imports…
Morning Brief: China denies offering to cut US trade gap by $200B
Read More China denies it offered package to slash U.S. trade gap by … [Bloomberg] For more of the latest news, go to Yahoo Finance Like what you just read? Get the Morning Brief sent…
China stands to gain in Iran after US quits nuclear deal
“In 2012-2013, Iran opened accounts in local currencies in buying countries that it then used to finance imports,” said Barclays analyst Michael Cohen in a note. “If China, India, Japan and South Korea do not…
Chinese bank staff offered dinner and photos with Trump for $150,000
An invitation emblazoned with the logo of the China Construction Bank Corp (CCB)(0939.HK) (601939.SS) circulating on the Weibo social media platform, offered high-net-worth clients the opportunity to attend a May 31 dinner in Dallas to…
Chinese Bank Offered Clients Chance to Dine With Trump for $150,000
Donald Trump’s re-election campaign has complained to the U.S. Department of Justice after China’s second-largest state-owned bank offered wealthy clients the opportunity to have dinner with the American president for $150,000 a ticket. A branch…
From folk singer to international finance expert – Liao Min is a new face on China’s trade team in Washington
On the official list of the Beijing delegation that arrived in Washington on Tuesday for trade talks, there is a new name. Liao Min, a well-known folk singer during his university days in the late…
China approves sale of $18 billion Toshiba chip unit to Bain-led consortium: NHK
TOKYO (Reuters) – China regulatory authorities have approved the $18 billion sale of Toshiba Corp’s (Tokyo:6502.T – News) chip unit to a consortium led by U.S. private equity firm Bain Capital, Japanese public broadcaster NHK…
Revealed: how China is driving growth in Dubai’s financial hub
DIFC is the regional headquarters to China’s four largest banks in terms of total assets – Bank of China, Agricultural Bank of China, ICBC and China Construction Bank Corporation. A recent survey also ranked the…
China unlikely to meet US requests to cut $200 billion on trade surplus
Moody’s does not believe that China can satisfy US requests to reduce its trade surplus with the US by $200 billion by 2020 Moody’s Investors Service says that it does not believe that China can…
Chinese banks overshadow Western counterparts in latest global bank rankings
China’s ‘Big Four’ banks – Industrial & Commercial Bank of China, China Construction Bank, Agricultural Bank of China and Bank of China, remained as the top four banks by assets year-over-year, posting a combined $13.637…
Bank of China Eyes Move to Geneva
Zurich has managed to attract two Chinese banks in recent years, while Geneva has thus far missed out. This could however change, which would be a blessing for the city. Wembing Geng, the Chinese ambassador…
