Fraser said the Wall Street bank will ‘further its participation in the market to help promote US-China economic ties and trade’.
Tagged By finance
China stimulus yet to sway long-term investors, bankers say
HONG KONG — China’s string of economic stimulus measures sparked a rush back into its stock market, but private equity and other long-term investors remain wary, prominent players say. Goldman Sachs …
Sen. Romney wants U.S. to compete better with China on foreign development investments
He introduced a bill to require the U.S. International Development Finance Corporation to prioritize projects that take into account national security needs.
China’s banking system is now suffering whiplash from pandemic-era practices
Misuse of loans and an ongoing real-estate crisis are pushing up default rates and exposing weaknesses in banks’ lending practices.
Canada wants Mexico in USMCA trade pact despite China concerns, source says
Canada wants Mexico to stay in a continental trade pact despite concerns about China possibly using it as a back door to flood the North American market, a source directly familiar with the matter …
China’s consumption stimulus debate reignites with no clear answer
Better social welfare could increase financial security and encourage spending, while cash handouts could quickly lift consumption, economists say.
Is China a ‘Developing’ Country? That’s the Trillion-Dollar Question at U.N. Climate Talks
Officials from developed and developing countries agree that more than $1 trillion a year is needed to finance poorer nations’ response to climate change—but not on who should pay up.
China says COP29 draft deal ‘not satisfactory’
China joined a global rejection of a draft deal on climate finance at the COP29 summit Thursday but urged nations to bridge their differences, with one day left in the talks. The text released by…
Exclusive: China advisers call for steady 5% 2025 economic growth goal, stronger stimulus
Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5.0% for next year, pushing for stronger fiscal stimulus to mitigate the impact of …
Brazil development bank gets $690 million loan from China
China Development Bank signed a deal on Wednesday to loan 5 billion yuan ($690 million) to Brazil’s National Bank for Economic and Social Development BNDES, marking BNDES’s first foreign currency …
As COP29 winds down, a new analysis says China’s cumulatiuve emissions now worse than EU’s
As COP29 nears its end, a new report reveals that China’s cumulative emissions within its borders have surpassed those of the European Union’s 27 member states. The analysis is by Carbon Brief. The …
China’s financial sector to open wider: official
China’s financial sector will continue to open wider and the country is committed to creating a market-oriented, law-based and international business environment to support foreign institutions to …
Opinion – How the US is bankrolling Beijing’s ambitions
The EO restricts U.S. capital flow only in select high-tech industries and fails to address the breadth of China’s ambitions or the multiple channels through which American investment can fuel the …
