China Archives

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Capital Raising & Corporate Finance

China Retailers Bet Big On Online Banking Service

Chinese Web giant Baidu has obtained regulatory approval to establish, in collaboration with China Citic Bank, a direct-banking firm named Baixin Bank that will operate online rather than through brick-and-mortar outlets.

Country Report

China To Build Silk Road For Project Finance

China’s “One Belt, One Road” (OBOR) initiative is the most ambitious overarching infrastructure project to be proposed in the modern era, and it requires ambitious financing.

Capital Raising & Corporate Finance

McDonald’s China Deal Favors Franchise Model

McDonald’s agreed to sell 80% control of its restaurants in China and Hong Kong for 20 years to state-owned conglomerate Citic and the Carlyle Group, a private equity firm.

Country Report

Silk Road Bonds: The Next Big Thing?

Using Silk Road bonds as a funding vehicle for the vast capital needs of the One Belt, One Road (OBOR) project appears a handy catchall subsuming devilish details.

News

China To Rule Renewables

China is committed to investing more than $360 billion in domestic renewable energy and supporting technologies by 2020,building on its existing position as the world’s largest investor in renewables.

Economics, Policy & Regulation

Jack Ma Pledges US Jobs. Sort Of

Alibaba executive chairman Jack Ma stood side by side with president-elect Donald Trumpon January 9 to tout Alibaba plans that would “create one million [US] jobs.” Turns out, the plans are to support exporters, which may or may not create jobs in the US.

Economics, Policy & Regulation

Old Essay Shines Light On Trumps Trade Rep

A35-page essay in the archives of the US-China Economic and Security Review Commission shows howRobert Lighthizer, a veteran attorney who is now Trump’s pick for US Trade Representative, might approach America's$30 billion-a-month trade deficit with China.

Awards

China: Subsidies Prop Up The Profitless

U.S. lawmakers are upset with China. Again.

News

China: New Finance Minister Won’t Change Much

Given that China’s growth is slowing, the decision to replace Finance minister Lou Jiwei with Xiao Jie is controversial—yet not surprising.

Features

China Battles Aging And Debt

Arthur Kroeber, head of research and founding partner of Gavekal Dragonomics, spoke with Global Finance about China’s politics, its markets and its future role in the global economy.

News

US Execs Flock To China—Then Flee

<strong>China</strong><br /> When Alibaba announced in May that it was hiring former Goldman Sachs managing director Douglas Feagin to run the international unit of its finance arm, Ant Financial, many observers had a sense of déjà vu.<br />

Capital Raising & Corporate Finance

China’s Currency Fixings Suggests Move Toward Market Rate

The People’s Bank of China has introduced bigger movements in its daily fixings of the country’s currency against the dollar. If sustained, this subtle change could signal that the central bank is preparing to allow greater flexibility in foreign exchange trading.