China’s growth not so lopsided but markets are
You get immune to rapid change in China, with the pace of development clearly visible all around. One wonders how long it will still be considered a developing nation.
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Hong Kong may list RMB financial products
Investors may soon be able to invest in RMB-denominated ‘financial products’ on the Hong Kong stock exchange, which could also be a boon for the big global ETF providers.
The China Miracle 3.0
A gradual appreciation of the Chinese currency, although probably too gradual for some in the west, signals a far more fundamental evolutionary phase for this nation than currency management.
Chinese whisper over CIC turf wars
The $300 billion China Investment Corporation (CIC) aims to sidestep official barriers to investing in the US by offloading its stakes in home-country banks. The proposal would see the sovereign wealth fund (SWF) relinquish responsibility for the Chinese government’s majority stakes in the country’s largest banks, such as Bank of China, the Financial Times reported.
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