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. In 2017, DIFC continued to see growth…
Tagged By finance
JD Finance fundraising a precursor for IPO
JD Finance’s exhibition booth attracts many visitors in Nanjing, Jiangsu province. [Photo provided to China Daily] The reported $2 billion fundraising by JD Finance, the financial arm of China’s second-largest e-commerce player JD, could pave…
The Finance 202: Trump’s China reversal sparks bipartisan fears of a hasty deal
President Trump isn’t holding his own hard line against China in the face of pushback from Beijing. Now the question becomes whether he will hold his new, softer line as he confronts pushback at home.…
Beijing must remain alert to threat of financial crisis, senior adviser says
The financial risk facing China is far larger than official numbers suggest and Beijing must do more to prevent the situation becoming a crisis, a senior adviser to the government warned on Monday. In a…
William Watson: Why we should worry that Trump wants more jobs in China
Do you figure the Chinese hacked Donald Trump’s Twitter account? How else to explain his tweet on Sunday: “President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a…
After the Congress – Interpreting China’s new development concept
This article is part of The IFF China Report 2018, which draws mainly on content provided by China-headquartered think tank, the International Finance Forum, and is published in association with Central Banking. ( read original…
S&P 500; US Indexes Fundamental Daily Forecast – Investors Banking on Favorable U.S. – China Trade Deal
The major U.S. stock indexes finished higher across the board on Monday with the Dow posting its eighth straight session of gains. The markets were primarily supported by an easing of trade tensions between the…
China’s state-run bank launches first India-dedicated investment fund, urges Chinese to invest heavily in Indian economy
Beijing: The Industrial and Commercial Bank of China, a top state-run Chinese bank has launched China’s first India-dedicated publicly offered investment fund, urging the Chinese to invest heavily stating that the Indian economy is entering…
China’s financial risk greater than official numbers suggest, Beijing adviser says
The financial risk facing China is far larger than official numbers suggest and Beijing must do more to prevent the situation becoming a crisis, a senior adviser to the government warned on Monday. In a…
China Makes Progress On Shadow Lending Battle
The data differs from a survey conducted by Reuters, which found a slight decrease in new yuan loans issued in China last month. Reports noted that the data also showed that Chinese officials are making…
China’s further opening-up to help maintain international trade system: World Bank official
File Photo: Aerial photo taken on March 23, 2018 shows a dock near the founding site of Boao Forum for Asia (BFA) in south China’s Hainan Province. The BFA annual conference will take place in…
China’s Top State-Run Bank Launches First India-Dedicated Investment Fund
Beijing: The Industrial and Commercial Bank of China, a top state-run Chinese bank has launched China’s first India-dedicated publicly offered investment fund, urging the Chinese to invest heavily stating that the Indian economy is entering…
Former UBS China President Joins Cryptocurrency Company as CEO
Karen Chen, the former president of UBS China Ltd., has been appointed chief executive officer … The group includes Coinsuper, a token exchange, as well as units that provide private-banking, over-the-counter trading and consulting services…
