Pakpahan: infrastructure financing Asset-backed securities will be key to unlocking the multi-billion dollars of funding needed to finance the Belt and Road Initiative because of the huge opportunities the projects offer to securitize long term…
Tagged By finance
Financial firms the latest to embrace co-working spaces in search for new ideas
“Within these close-knit communities, financial services companies are interested in meeting and learning from fintech start-ups and other members,” Lee said. WeWork has eight locations in Shanghai, Beijing and Hong Kong, and plans to move…
US demands World Bank overhaul of lending to China
The Trump administration is holding out against a capital increase for the World Bank until it overhauls its lending to China and other middle income countries, creating a new source of tension between Washington and…
Daily briefing: US v China in World Bank, Brexit stand-off and China’s electric cars
The Trump administration is holding out against a capital increase for the World Bank until it overhauls its lending to China and other middle income countries, creating a new source of tension between Washington and…
The iPhone 8 is already selling at a discount in China
Apple (AAPL) products seldom go on sale, let alone a newly released one. But that’s what happened to the iPhone 8 in China, Apple’s largest market outside the U.S. Within a month after the debut…
China stirs tensions between North Korea and South by blocking financial deal with Seoul
The eight-year deal was due to be continued in a positive step towards improving relations between Seoul and Beijing. Tensions between the states have been frayed over South Korea’s recent instalment of a controversial US…
China stocks mixed as financial gains offset resources declines
SHANGHAI: China’s major indexes were mixed on Thursday, as gains in financial stocks offset losses in resources firms after Beijing vowed to curb pollution throughout winter. The blue-chip CSI300 index rose 0.3 per cent, to…
China’s Biggest Bank Still Seen as Undervalued at $325 Billion
The world’s largest lender by assets has seen a near doubling of its share price in less than two years. Now, a growing chorus of analysts argue that improving asset quality, a shadow-banking crackdown and…
China could replace US as global financial leader: Economist
Lending restrictions imposed by the U.S.-led IMF and World Bank could see China-led financial institutions exert greater sway in the international community, says Scott Morris of the Center for Global Development. ( read original story…
HK chief executive vows to promote diversified development of financial market
HONG KONG, Oct. 11 (Xinhua) — Chief Executive of China’s Hong Kong Special Administrative Region (SAR) Lam Cheng Yuet-ngor vowed on Wednesday to reinforce and enhance Hong Kong’s status as a global financial center, an…
China makes progress against shadow banking: report
BEIJING, Oct. 11 (Xinhua) — China has made headway in reining in its shadow-banking sector, Fitch has said in a report, with risk control in the financial system a priority since the beginning of the…
China names new leaders of anti-corruption agencies at financial regulators
China’s Communist Party has named new top officials to lead anti-corruption agencies at the country’s banking and insurance regulators as it makes final preparations for a twice-a-decade party congress later this month. Lin Guoyao, a…
Chinese central bank official insists new cash reserves rule won’t affect resolve to cut financial risk
The plan by China’s central bank to cut the amount of cash reserves that some banks must hold will not alter policymakers’ resolve to lower financial risk, state-run China Daily reported an official as saying…
