financial and economic involvement with Artron, Artprice has decided to appoint a Chief Executive responsible for its Chinese and Greater Asia operations, who will reside in Beijing and work … ( read original story …)
Tagged By finance
China’s Central Bank Can Step Up a Little Faster
It’s true that the People’s Bank of China is not independent, but the central bank of the world’s second-largest economy is outgrowing that excuse. There’s plenty it can and should do without explicit … (…
China has a ‘love-hate’ relationship with blockchain and cryptocurrency, fund manager says
China , Yeung said the Chinese government is investing in the blockchain but said “what they are not endorsing is the crypto part of things, which is challenging the fundamental of financial … ( read…
China to designate financial institutions as ‘too big to fail’
Chinese regulators are to designate more financial institutions as “systemically important” in their latest move to limit financial risk following a decade-long debt build-up. A policy framework publi… ( read original story …)
Morning Brief: Trump signals China tariff boost, could slap 10% tariff on iPhones
Read more Trump expects to move ahead with boost on China tariffs: President Trump … like a great deal for the EU,” it could threaten a U.S.-UK trade pact. [Yahoo Finance UK] United Technologies to…
China sets new rules to reduce ‘too big to fail’ risk
BEIJING (Reuters) – China’s financial regulators on Tuesday released broad guidelines on new rules aimed at tightening supervision of financial institutions that are deemed “too big to fail”, the late… ( read original story …)
Deep in the Data, China’s Bank Funding Squeeze Is Easing Off
China’s beleaguered private companies may be on the cusp of better times, with signs emerging that a government push to boost bank lending is working. The private sector, which makes up about 80 perce… (…
Tesla China sales plunge 70 percent in October: auto industry body
BEIJING/SHANGHAI (Reuters) – Tesla Inc’s (TSLA.O) vehicle sales in China sank 70 percent last month from a year ago, the country’s passenger car association told Reuters on Tuesday, underscoring how t… ( read original story…
China’s financial holding companies to face tougher supervision
BEIJING – Senior managers of China’s financial firms have called for stricter supervision of financial holding companies to grant more support to China’s real economy and private businesses in … ( read original story …)
China banks pose lower global risk after curbs on shadow banking
A crackdown on China’s Rmb62.9tn ($9tn) shadow banking industry is easing concerns about the potential systemic risk of the country’s banks to the global financial sector. The Basel-based Financial St… ( read original story …)
China Is Building a $9 Billion Rival to the American-Run GPS
(Bloomberg) — China is taking its rivalry with the U.S. to the heavens, spending at least $9 billion to build a celestial navigation system and cut its dependence on the American-owned GPS amid heigh… (…
Regulator steadily opens financial sector
Since the beginning of the year, the regulator has made a series of opening-up efforts. [Photo/VCG] China further opened its financial sector to foreign investors, with the banking and insurance regul… ( read original story…
China grants market access to two more foreign financial institutions: regulator
SHANGHAI (Reuters) – China has given the go-ahead for two more foreign financial institutions to set up local subsidiaries, the country’s banking and insurance regulator said in a notice on Sunday, br… ( read original…
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