which have imposed tariffs on hundreds of billions of dollars on each other’s imports after Trump began an effort to correct what he views as China’s unfair commercial practices. With the trade war we… (…
Tagged By finance
Financial holding firms’ job is to boost the real economy
Editor’s note: At a recent forum on financial holding firms organized by China Everbright Group and Guanghua School of Management, Peking University, to mark the 40th anniversary of reform and opening … ( read original…
Argentina takes issue with the US on China comments at G20
BUENOS AIRES, Argentina — Argentine officials are distancing themselves from the U.S. version of how they view China trade after a meeting during the Group of 20 summit. White House Press Secretary Sa… ( read…
China Finance Online Reports Third Quarter and First Nine Months of 2018 Unaudited Financial Results
BEIJING, Nov. 28, 2018 /PRNewswire/ — China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services … ( read original story …)
China Approves UBS to Control Its Securities Joint Venture
China has repeatedly pledged to open its financial markets, including allowing foreign firms to own as much as 51 percent of their securities ventures, up from the current 49 percent ceiling. The appr… ( read…
US ‘could be entering Cold War with China’ over trade, Yale economist warns
with financial markets closely monitoring the prospect of a potential breakthrough. The United States and China could be in the early stages of a Cold War, veteran economist Stephen Roach told … ( read original…
G20 opens Argentina summit under shadow of China-U.S. tensions
Hanging over the summit in Buenos Aires is the trade dispute between the United States and China, the world’s two largest economies, which have imposed tariffs on hundreds of billions of dollars on ea… (…
China’s coal project in Serbia adds to climate change worry
Things are to get only worse for residents living close to the Kostolac power plant complex in eastern Serbia which is currently being expanded with a $715 million loan from a Chinese state bank and…
A.M. Best Affirms Credit Ratings of China Reinsurance (Group) Corporation and Its Subsidiaries
A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of China Reinsurance (Group) Corporation (China Re) and its subsidiaries, China Pro… ( read original story…
China policy round-up: CBIRC publishes foreign bank rules, PBoC suspends open market operations for 26 days, Spain and China deepen financial ties
The CBIRC unveiled 18 new regulations for foreign banks’ operation in China on Wednesday. The new rules will be open to public comments until December 27. The revision touched on some reporting and bu… (…
A Guide to China’s $9 Trillion Shadow-Banking Maze
Shadow banking in China is a vast ecosystem which connects thousands of financial institutions with companies, local governments and hundreds of millions of households. Its growth in recent years, fue… ( read original story …)
China Despairs of Its Dark Financial Underbelly
Anjani Trivedi is a Bloomberg Opinion columnist covering industrial companies in Asia. She previously worked for the Wall Street Journal. ( read original story …)
China Planning Major Purge of $176 Billion Loan Market
It suggests that Xi Jinping’s government isn’t done cracking down on China’s $9 trillion shadow banking industry, despite concern that tougher rules have choked the flow of credit to the world’s secon… ( read original…
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