Diplomacy is about getting other countries to do what you want them to do. Without China’s help, Donald Trump cannot hope to enforce his deal with Kim Jong Un. Eliminating North Korea’s nuclear arsenal is…
Tagged By finance
China’s Evolving Toolkit to Manage Monetary Policy
China’s monetary policy is in flux, as the central bank tries to weed out risky lending while ensuring money keeps flowing to the economy. To achieve those sometimes competing goals, the People’s Bank of China…
China Shows Signs of Losing Steam as PBOC Pauses After Fed Hike
China’s central bank held off from immediately raising borrowing costs following the U.S. Federal Reserve, a decision that came just as economic data for May showed that the economy is losing steam. With the prospect…
The 4th China-Israel Investment Summit to be held in China’s Zhuhai in July
ZHUHAI, China, June 14, 2018 /PRNewswire/ — On the back the great results of the 3 rd summit achieved last year, with the guidance and support of the responsible Chinese and Israeli government agencies, the…
Green finance pilot to be extended
China is preparing a nationwide green finance development trial model and extending a one-year pilot program in five provinces, to encourage faster and cheaper loans for environment-friendly industries, according to a senior central bank official.…
ISACA launches presence in Beijing
The Beijing facility will provide a base for the global organization … ISACA already has begun serving customers in China, particularly those in the banking and financial services sectors, as well as expanding active relationships…
Recon Announces Strategic Cooperation Agreement between JD Finance and Future Gas Station to Promote Online Gas Station Payments
today announced that Future Gas Station (Beijing) Technology, Ltd (“FGS”), of which Recon indirectly owns 8%, has recently entered into a strategic cooperation agreement with JD Finance, to establish an information communication mechanism and long…
Malaysia finance minister suggests China connection to 1MDB
Mr Lim said. The finance ministry has filed a report with the country’s Anti-Corruption Commission and said it might seek Beijing’s help to trace Malaysia’s payments. Mr Lim’s announcement comes as the government continues an…
Chinese bank invests in Russia’s Northern Sea Route
(Sergey Guneyev/AFP/Getty Images) Building of Russian Arctic infrastructure is part of a $9.5 billion credit agreement signed with the China Development Bank. On the sidelines of the recent Shanghai Cooperation Organisation’s summit in Qingdao ……
China auto sales rise 7.9 per cent in May as electrics surge
Beijing has spent heavily to transform China into the world’s biggest electric car market and is preparing to enforce sales quotas to press global automakers to speed up development. The Finance Ministry says auto import…
ING hungry for slice of digital banking sector
Dutch financial services company ING Group NV is planning to launch digital banking business in China by setting up a joint venture with Chinese lender Bank of Beijing Co Ltd, as it hopes to gain…
Bank of China comes to India
New Delhi: India and China have agreed to allow the 106-year-old Bank of China to open a branch in India. Security clearances for the bank have been given and a notification from the Reserve Bank…
Foxconn says investigating labor conditions at China factory used for Amazon
NEW YORK (Reuters) – Contract manufacturer Foxconn said on Sunday it is investigating a plant in China that makes devices for Amazon.com Inc , after a U.S. watchdog group criticized what it described as harsh…
