China’s private entrepreneurs are shifting away from investments in favour of paying down dollar debt and keeping cash at hand to brace for an economic downturn exacerbated by the Trump administration … ( read original…
Tagged By financials
Former Google engineer says China search engine would be ‘stain’ on company’s reputation
told Yahoo Finance. In 2006 Google asked Boyapati to help create a filter for Google News in China, he said — but he says he refused to do so and was moved off of the…
New index released shows improved China’s inclusive finance services
BEIJING, Oct. 17, 2018 /PRNewswire/ — The CCB-Xinhua Inclusive Finance-SME Index was inaugurated in Beijing on October 11, which showed improved availability and quality of financial services for … ( read original story …)
Harrow Beijing and Anmin Schools to Nurture Future Talent with New Football Initiative
BEIJING, Oct. 16, 2018 /PRNewswire/ — Harrow Beijing, an affiliation of Harrow School London (est. 1572), announced a new joint initiative for the cultivation of talent through footballing … ( read original story …)
China’s P2P lenders say regulation will cause industry collapse
Peer-to-peer lending, the business of connecting private lenders with borrowers online, is a $120bn industry in China and traditionally has been lightly regulated with a high risk and return profile. … ( read original story…
China’s Central Bank Is Considering Range of Risks Facing the Yuan
Yi told delegates at the seminar the nation is seeking to solve trade tensions with the U.S. constructively and will continue to open up its services industry, especially the finance sector. Even so, … (…
Trade war with China is taking a backseat to this other threat to corporate profits
The aftershocks of President Trump’s trade spat with China is no doubt a concern for corporate executives … of tariffs,” UBS chief equity strategist Keith Parker told Yahoo Finance. Even when tariff … ( read…
China’s central bank chief hints at further monetary easing amid trade war
Despite the PBOC announcing on October 7 that it would cut the RRR – the amount lenders must hold in reserve at the central bank – by one percentage point from Monday to free up…
China Threatens Overseas Tax Havens, Will Investors Flock to Crypto?
Chinese investors rely on the Swiss offshore banking industry, Hong Kong real estate market, and foreign stock markets to hoard millions of dollars worth of properties, assets, and cash outside of mai… ( read original…
Envoy Says Beijing Didn’t Want a U.S. Trade War But Will Respond
(Bloomberg) — China’s ambassador to the U.S. said Beijing has no choice but to respond to what … At the close of those meetings, finance officials from several countries, including Japan and Brazil … (…
China’s central bank still has plenty of tools to counter detrimental trade war effect: Governor
China’s central bank still has plenty of tools that it can use to counter the detrimental effects of a trade war, its governor, Yi Gang, said on Sunday. The Asian economic giant is in the…
China central bank chief says plenty of room for monetary adjustments amid trade row
NUSA DUA, Indonesia (Reuters) – China central bank governor Yi Gang said on Sunday he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR), as downside ri… (…
China’s Too-Big-to-Fail Financial Firms Keep Getting Bigger
Caixin | In most countries, only a handful of financial institutions are large enough to warrant a “too big to fail” label. China isn’t most countries. After a decade of runaway credit expansion and r……
