lending

China Under Scrutiny In Kenya’s Presidential Election

Votes are currently being tallied for Tuesday’s presidential election in Kenya, in which relations with China comprised a major campaign theme. The two main candidates, former deputy president William Ruto and former prime...

Banks, Insurers Swimming Different Currents

Following last weekend’s interest rate cuts by The People’s Bank of China, which signaled a move toward a more market-based banking system, The Wall Street Journal reports that China’s banks will likely feel...

CDT Money: Stimulus Talk Gaining Steam

Another week, another sign of strain within China’s economy as the central government steps up its public statements in support of a possible stimulus. Europe’s woes continue to weigh on China’s factory...

CDT Money: Waiting For The Bottom

The People’s Bank of China announced a 50 bps cut in the reserve requirement ratio (RRR) for commercial lenders on Saturday as it stepped up efforts to boost growth amid signs of a weakening economy. The second such cut...

CDT Money: Tale of Two Economies

Mixed messages continue to emerge about the state of China’s economy, after an official reading of China’s manufacturing sector defied a negative preliminary forecast and signaled a rebound in factory activity in...

CDT Money: Trade Contraction Fuels Concerns

With China continuing to weigh a possible financial lifeline to Europe, the week’s economic news began with a warning from the IMF that prolonged trouble in the eurozone could halve China’s GDP growth in 2012. The...

China’s Stimulus-fueled Stock Boom Alarms Beijing

From AP: The middle-aged crowd in the packed Guosen Securities office jostle around buzzing printers that spit out receipts for their share buys, hoping to cash in on China’s stimulus-fueled stock market boom. “The...

Microcredit Lenders Emerging In China

From China Daily: Microcredit lenders, once the quaint peripheral players in China’s mammoth financial system, are emerging from the shadows of the State-owned banks as white knights to thousands of small, cash-strapped...

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