They remain committed to a crackdown on financial risk that has been the main reason for slowing investment and economic growth this year. China’s economy has also doubled since 2009 (from $5.1tn to $... ( read original story ...)
China’s growth slowdown puts private sector on the defensive
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 story ...)
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 project. It’s important to note t... ( read original story ...)
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, ... ( read original story ...)
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 original story ...)
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 about US$110 billion, ... ( read original story ...)
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 story ...)