China’s commercial banks are expected to see profits rise 8 percent year on year in the third quarter of 2022, according to a report issued Tuesday by the Bank of China Research Institute. From April…
Tagged By finance
Foreigners cut China debt, buy equities in June – IIF
Foreign investors continued to cut holdings in Chinese bonds in June but added positions in equities, bucking the trend in other emerging markets (EM), the Institute of International Finance (IIF) …
China In Eurasia Briefing: The Contradictions In Beijing’s Russia Ties
Russia and China’s trade relationship beyond oil, Beijing’s security demands in South Asia, and Chinese investment.
Goldman Sachs and ICBC Joint Venture Is China’s Latest Wealth Management Collaboration
The Goldman Sachs and ICBC collaboration is interesting in part because of Goldman’s vast expertise, but also because ICBC has the widest network of client branches in China.
China graft probe targets Bocomm Leasing and Minsheng Financial Leasing
Chinese anti-corruption authorities have detained two leading domestic shipping bankers in a widening probe of the country’s state-owned financial leasing houses that ship finance sources fear could …
Scalded by Russia, investment funds tread carefully in China
China, the only big economy promising a growth rebound this year, is again luring foreign investors. Yet the fear that Beijing may someday end up as ostracised from global markets as Russia is keeping …
Chinese FM on Southeast Asian blitz to push Beijing’s Global Development Initiative
Wang Yi’s trip comes soon after G7 announces pledge to raise U.S. $600 billion for infrastructure in developing countries.
Removing China tariffs won’t ‘have any effect on inflation,’ economist says
Derek Scissors, AEI Scholar, member of the US-China Economic and Security Review Commission and the chief economist of the China Beige Book, sits down with Yahoo Finance Live to talk about how the …
China Tries to Censor What Could Be Biggest Data Hack in History
An hacker reportedly stole an enormous trove of personal information from a Shanghai police database and has announced they will sell for just $200K.
China plans US$75 billion infrastructure fund to revive economy
BEIJING: China will set up a state infrastructure investment fund worth 500 billion yuan (US$74.69 billion) to spur infrastructure spending and revive a flagging economy, two people with knowledge of …
China is barring diplomats from trial of Canadian tycoon who disappeared 5 years ago, Ottawa says
Chinese authorities refused to let Canadian diplomats attend the trial of a Chinese-born Canadian tycoon who disappeared from Hong Kong five years ago, Ottawa said Tuesday.
NextDecade to supply LNG to China Gas
U.S. liquefied natural gas (LNG) developer NextDecade Corp said on Tuesday it will supply 1 million metric tonnes of gas per annum to China Gas Holdings’ unit from its Rio Grande LNG export project in…
China is pushing back on the US dollar’s dominance but analysts say there’s no real threat to the greenback
The biggest story in markets today is China’s move against dollar dominance — and expert stock picks from top Wall Street banks.
