The World Bank raised its economic growth forecasts for developing East Asia and Pacific for this year and 2018 But it added that risks such as rising trade protectionism and geopolitical tensions threaten the outlook…
Tagged By finance
The 19th National Party Congress Will Reveal Much About China’s Economic Future
The next five years China’s current blend of state and market capitalism appears poised to become further ingrained in the economy. Over the past five years under Xi Jinping, sweeping economic and financial reforms have…
In fierce battle for tech talent, one startup founder tries $1M pay for engineers
Beijing ByteDance Technology Co. is the brainchild of entrepreneur … If they are following fashion or financial news, targeted ads appear within feeds. Still, its business strategy is controversial. It pulls content from hundreds of…
GIFT IFSC ranked 10th among top emerging financial centres
The institute has ranked ahead of Luxembourg, Seoul, Abu Dhabi, Toronto and Beijing. The Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC), the only IFSC in India, has been listed as among the…
Platinum Asset Management CEO Kerr Neilson’s big bet on China
Only last month Standard & Poor’s followed the two other major ratings agencies in downgrading China’s sovereign debt, citing a sustained period of credit growth, which had increased “financial and economic risks” on the mainland.…
China Bills Finance Corp (2820) Soared 1.36% on Oct 3
Shares of China Bills Finance Corp (TPE:2820) last traded at 14.95, representing a move of 1.36%, or 0.2 per share, on volume of 1.42M shares. After opening the trading day at 14.75, shares of China…
Hutchison China Meditech Ltd (LON:HCM) has been reiterated to Buy in a report by Beaufort Securities today.
Beaufort Securities has reiterated Hutchison China Meditech Ltd (LON:HCM) to Buy in a report released on 06/13/2017. Previously on Thursday May 18, 2017, Panmure Gordon reported about Hutchison China Meditech Ltd (LON:HCM) raised the target…
Chinese Bank Stocks Go Haywire After One Surprise Measure From Government
Shares of Chinese banks soared in Hong Kong on Tuesday, with ICBC and China Construction Bank heading for their biggest jumps in two years, after the People’s Bank of China cut the reserve requirement ratio…
Exclusive: One Ford, two systems – U.S. carmaker revamps China strategy amid EV push
BEIJING/DETROIT (Reuters) – U.S. automaker Ford Motor Co (:F – News) is overhauling its China plans as its global “One Ford” strategy is holding it back in the world’s biggest auto market, two high-ranking company…
Beijing-backed investment bank to co-finance India’s power transmission project
Asian Infrastructure Investment Bank (AIIB) has planned to help India improve its power transmission network and expand the use of solar and wind energy with a loan of 100 million U.S. dollars. The loan approved…
PAH Takes Physical and Financial Toll on Both Patients and Caregivers, Chinese Survey Shows
Pulmonary arterial hypertension (PAH) impacts multiple aspects of patients’ and caregivers’ lifes, a new survey from China shows. The study, “The impact and financial burden of pulmonary arterial hypertension on patients and caregivers: results from…
China Sets 2019 Deadline for Electric Car Quota
China announced that they have set the deadline of 2019 to implement tough new sales goals for electric plug in and hybrids vehicles which lessens concerns about the previous time crunching deadline of next year.…
China’s Exchange Rate Policies and U.S. Financial Markets
Exchange rate stabilization or currency “pegs” are among the most prevalent interventions in international financial markets. Removing a peg to a safer currency can make the home currency more risky and less attractive to investors.…
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