King joins Deutsche Bank’s International Private Bank (IPB) in March, whilst Lau will join in April. King joins from BNP Paribas, where he was head of the China market. He had also served as the…
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Beijing’s pivot to growth puts onus on local governments to deliver
With business confidence remaining weak, Beijing may have no alternative than to rely on local governments and state-owned firms to drive investment A shared understanding has emerged among local …
China’s Belt and Road to Nowhere
In 2022, 60 percent of China’s overseas lending went to borrowers in financial distress, compared to just 5 percent in 2010, said Bradley Parks, the executive director of the AidData research group at …
China, U.S. to Participate in First Meeting of New Debt Roundtable on Feb. 17
WASHINGTON (Reuters) – Officials from China, India, Saudi Arabia and Group of Seven wealthy … the current leader of the Group of 20 finance officials, and comes a week before G20 finance officials …
China alleges hypocrisy, says the US has flown high-altitude spy balloons over China more than 10 times in the last year alone
Spy balloons are creating new diplomatic tensions, with both the US and China accusing each other of sending them over their territory.
Zambia rejects China’s call for World Bank to join its debt restructuring – FT
Zambia’s finance minister rejected a call from China for the World Bank and other multilateral lenders to join a restructuring of the country’s debt and warned that delays were holding up the economy, …
Cash-strapped China Vanke seeks US$2.2 billion from private shares sale to keep property projects on track
Elise joined the SCMP in 2022 as a business reporter to cover property, banking and finance. Previously, she covered business, biotechnology, and healthcare from Hong Kong and Beijing for various …
China stocks rise after credit data; Hong Kong slips on Sino-U.S. tensions
The strong credit data let the market see the hope that social finance gradually bottomed out and the economy will recover,” analysts at China Merchants Securities said, expecting the A-share market …
Zambia rejects China’s call for World Bank to join its debt restructuring
China signalled its latest objection in January when a spokesperson for its foreign ministry said that “the key to easing Zambia’s debt burden . . . lies in the participation of multilateral financial …
China’s lagging behind on A.I. chatbot technology, says research firm
Wei Sun of Counterpoint Research says China’s tech giants have some catching up to do … a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, …
Ron Johnson calls Biden ‘compromised’ on China policy amid scrutiny over spy craft: ‘Detached from reality’
“Senator Grassley and I laid out all the troubling financial foreign entanglements that Hunter Biden … years pertaining to his tax transactions related to money funneled from China and other …
China Say It Is Not Restricting Airlines From Selling Low Fares
However, according to Caixin, a well-known Chinese financial media, it learned from multiple airlines … For example, on the Guangzhou-Beijing route, the Y-class price of Air China is 2,000 Yuan (294 …
China backflips on coal ban, starts contacting Australian producers
China has now officially come crawling back to Australian coal producers just two years after implementing a shadow ban designed to cause “economic pain”.
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