Pretty much every major economic indicator suggests that the Chinese economy will continue its downward momentum in 2019. Industrial production, retail sales, and even the once red-hot property market are all showing real signs of weakness. Some...
According to an estimate by the Asian Development Bank, there is a funding gap of US$26 trillion for the infrastructure projects that will be required in Asia by 2030. China’s “Belt and Road Initiative” is designed to help meet this shortfall,...
Latin Americans can’t afford to wait four years to see when the United States will be willing to have an honest and reciprocal conversation about economic prosperity in the Western Hemisphere. Luckily for the U.S.’s southern...
The world’s most indebted oil producer bolsters ties to China as corruption scandal shuts it out of international bond markets.
Now that much of Europe has announced its intentions to join the China-led Asian Infrastructure Investment Bank (AIIB), was Washington’s initial opposition a mistake? Assuming the AIIB does get off the ground, what might it mean for future...
The move by U.S. allies to participate in Beijing's flagship economic outreach a diplomatic blow to Washington.
Germany, France and Italy have agreed to join a new China-led Asian investment bank.
U.S. statement says of U.K. membership that it is ‘worried about a trend of constant accommodation’ of China.
China's ambitious plan to expand trade links westward into Central Asia in the spirit of the ancient Silk Road is taking shape now that the government has decided to shift foreign currency into a special fund.
The State Council will tap the...
There is a persistent meme within the international media that China’s rise in Africa represents a “new scramble” for resources on the continent or a new form of colonialism. Beijing-based China-Africa analyst and attorney Kai Xue says, contrary...
Anyone wanting a primer on the secret of China’s economic success need look no further than China Development Bank (CDB)—which has displaced the World Bank as the world’s biggest development bank, lending billions to countries around the globe to further Chinese policy goals. In China’s Superbank, Bloomberg authors Michael Forsythe and Henry Sanderson outline how the bank is at the center of China’s domestic economic growth and how it is helping to expand China’s influence in strategically important overseas markets.
The Hong Kong branch of China Development Bank (CDB) has been ordered by its Beijing headquarters to cancel loans that would have been used to finance an acquisition involving the nation’s second-largest insurer, a bank source said.
The...
