Deutsche Bank Appoints Frank Wu
In recent news, Deutsche Bank has just appointed Frank Wu as the head of trade finance and cash management corporates for Greater China. With over 17 years of banking experience, Wu in charge of...
View ArticleChina’s Central Bank Adds Dramatic Amount to Banking System
For the second time in two weeks, China’s central bank added an injection of money into the country’s banking system. This spurred stock-market rallies in both Shanghai and Sydney and sent the signal...
View ArticleChina Finance Minister Xie Xuren Works to Curb Debt
China’s Finance Minister just recently called for strengthening efforts to curb local government debt. This is a result of the sharp rise in borrowing by governments to try to boost the slow economy....
View ArticleThree Recent Stock Picks
Here are three recent stocks that have been featured on Markets Emerging. Here is the overview: 1. Groupon Inc.: Jana Partners owns more than 7% of Groupon. As Co-Executive Editor Kara Swisher said,...
View ArticleAustralia joins new China-Led Bank
Australia has agreed to join the new China-led infrastructure bank while it still has some concerns about the governance of the bank. As Prime Minister Tony Abbott and Australian Treasurer Joe Hockey...
View ArticleNew China-Backed Asian Infrastructure Investment Bank
The new China-backed Asian Infrastructure Investment Bank has received support from 57 countries that have signed on as charter members. The Obama administration is worried about the new bank and...
View ArticleBaixin Bank Will Offer Online Access for Chinese Customers
China CITIC Bank Corp Ltd and Baidu Inc have recently announced plans to set up a direct bank to tap into China’s online finance market. This is China’s first partnership between an Internet firm and a...
View ArticleChina Banking System Surpasses that of Eurozone
It is certainly worth noting that China’s banking system has now surpassed the eurozone’s as the world’s largest by assets. Interestingly, while China’s GDP surpassed the EU’s economic bloc in 2011,...
View ArticleChina Venture Capital
China Reform Holdings, a government-controlled group that manages a $30billion fund, launched last year. They are trying to revitalize China’s decreasing industrial sector with venture capital-style...
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