said a syndicate banker for Asia at an international bank, who is not involved in the deal. Investors placed orders for more than 10 times the amount on offer last year, when China raised $2…
Tagged By finance
Hong Kong’s economy to wobble as US-China trade war, high interest rates take their toll, says Standard Chartered
The bank cited the US-China trade war, the likelihood of further interest rate rises, an expected slowdown in exports, and disappointing growth in the second quarter, in its “Global Focus – Q4 2018” r… (…
Pence Casts China as Republican Campaign Foe in Harsh Speech
Pence accused China of “a whole-of-government approach” to sway American public opinion, including spies, tariffs, coercive measures and a propaganda campaign. The speech at the Hudson Institute in Wa… ( read original story …)
China preps rare $3 billion bond, seeks global vote of confidence amid trade war
HONG KONG (Reuters) – China is testing global investors’ appetites … The Chinese Ministry of Finance has mandated 12 banks, including international banks such as Deutsche Bank and Goldman … ( read original story …)
JPMorgan is now forecasting an all-out trade war between China and the US — and it could cause havoc for Chinese stocks
Oliver Contreras/Getty; Greg Baker/Getty; Shayanne Gal/Business Insider JPMorgan initiated a new base case for the trade war — tariffs on all trade flowing between China and the USA. “A full-blown tra… ( read original story…
Blockchain and trade finance: what’s happening in China?
Perhaps it’s due to the well-oiled publicity machines of the jurisdictions around it, but China’s blockchain developments in trade finance have flown slightly under the radar. Hong Kong and Singapore … ( read original story…
Congress, eying China, votes to overhaul development finance
WASHINGTON (Reuters) – The U.S. Senate on Wednesday passed legislation overhauling the way the federal government lends money for foreign development, creating a $60 billion agency intended largely to … ( read original story …)
China’s future of finance is green: experts
… financial institutions attended a meeting focusing on the practical experience and future blueprint of green financial development in Beijing on Sept. 29. The meeting was held by the International … ( read original story…
China hires 12 banks for sovereign dollar bond issue
HONG KONG (Reuters) – China has hired 12 banks including Bank of China (601988.SS), Goldman Sachs (GS.N), Deutsche Bank (DBKGn.DE) and China Construction Bank (601939.SS) for its second sovereign doll… ( read original story …)
China Development Bank names new chairman
Zhao Huan, president of Agricultural Bank of China ABC, has been appointed chairman of China Development Bank CDB as the policy bank leverages on his extensive experience in handling non-performing lo… ( read original story…
China banking system outlook stable for next 12-18 months: Moody’s
BEIJING, Oct. 1 (Xinhua) — The Chinese banking system will have a stable outlook over the next 12 to 18 months amid a steady operating environment, according to a report released by credit rating age……
World Bank finances rural road project in east China
BEIJING, Oct. 2 (Xinhua) — The World Bank has decided to lend 200 million U.S. dollars to a transport project in east China to improve the maintenance and management of rural roads. The project will…
Bank savings growth in China drops to record low
“Bank savings? No, I don’t have any,” a woman who is almost 30 and works in the financial circle, told The Beijing News. She added, “I don’t think about keeping a bank deposit, as the…
