The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to …
“When they have a lot, the prices go down,” Zhao said. “When the piles are higher, you can see that clearly.” Competition for a larger share of China’s seemingly bottomless …
“Perhaps, on the one hand, it is because the economy and exports are not that good, and everyone is earning fewer dollars. On the other hand, companies like us that …
UK money manager M&G Investments is actively exploring opportunities to enter China’s US$18 trillion fund management market, aiming to be the platform for diversification, a role abandoned by some rival …
“Everyone, from the top brass to people like us in middle ranks, earn less than before,” said a credit manager with Bank of China, one of the country’s “big four” …