Anjani Trivedi is a Bloomberg Opinion columnist covering industrial companies in Asia. She previously worked for the Wall Street Journal. ( read original story …)
Tagged By finance
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…
China should take steps to bolster its private sector
Other senior officials have voiced similar phrases. But the key question — for China’s growth prospects, for global financial markets and for Beijing’s ballast as it squares off against the US — is wh… (…
Don’t expect much of a trade deal from Trump’s G20 China meeting: economists
China and the U.S. trade deficit with the country … and breaking news at Yahoo Finance. Follow him on Twitter @zGuz. ( read original story …)
Factbox: Four ways China is a major economic driver in Argentina
Since 2015, China has spent $3.6 billion, most of it on transportation and infrastructure projects, says Argentina’s investment and international trade agency. CURRENCY SWAP The financial ties … ( read original story …)
Trump thinks tariffs are the only way to get China to change, some say no
It would harm consumers and it would harm the American economy,” said Bradley at the Yahoo Finance All Markets Summit. Bradley sees indicting bad actors and working with allies in a collective approac… ( read…
G20: US and China tensions dictate against multilateralism
But there was always a sense, particularly as China and other fast-growing emerging market countries took a bigger share of the world economy, that real legitimacy was missing. When the global financi… ( read original…
Kenya partners SimbaPay on money transfer to China
Family Bank, a leading bank in Kenya, has partnered with London-based financial technology firm, SimbaPay, to launch an instant money transfer service from Kenya to China. The transfer is through WeCh… ( read original story…
China Bank injects P40M into MCBL
CHINA BANKING Corp. (China Bank) will be infusing additional capital into its insurance unit to support business expansion, the lender said yesterday. In a disclosure, the Sy-led bank said its board o… ( read original…
WeChat to boost Kenya-China trade
Kenya-based bank Family Bank Limited has teamed up with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China through WeChat, a service that w… ( read original story…
Beijing-based VC firm says it’s adjusting strategy amid trade friction
A Beijing -based venture capital firm said it is adjusting its investment strategy amid a “hard reset” in the relationship between the U.S. and China. “Certainly, events like the banning of selling co… ( read…
China’s fintech revolution is potentially ‘a very big risk,’ says finance president
The sheer number of fintech firms setting up in China has the potential to become “a very big risk,” according to the president of financial investment platform Phoenix Finance. Speaking at CNBC’s Eas… ( read…
In China, your car could be talking to the government
Tesla is not alone. China has called upon all electric vehicle manufacturers in China to make the same kind of reports — potentially adding to the rich kit of surveillance tools available to the Chine……
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