Santander ups bet on China with Bank of Shanghai stake | Reuters
Santander (SAN.MC), Spain\’s largest bank, is to buy HSBC\’s (HSBA.L) 8 percent stake in Bank of Shanghai, just as many international rivals are beginning to sell out of China. Santander, which already...
View Article* China’s princelings storing riches in Caribbean offshore haven | World news...
More than a dozen family members of China\’s top political and military leaders are making use of offshore companies based in the British Virgin Islands, leaked financial documents reveal. The...
View ArticleChina Wants Its People in the Cities – Reuters
From: http://www.businessweek.com/articles/2014-03-20/china-wants-its-people-in-the-cities Thirty-five years ago, when paramount leader Deng Xiaoping launched gaige kaifang, or “reform and opening,”...
View ArticleChina’s Jet Set Spends Overseas While Luxury Sales Rise in U.S. – Businessweek
For the first time since Boston consultancy Bain & Co. began tracking the global luxury market, overall sales of luxury goods declined in mainland China over the first eight months of 2014. The dip...
View ArticleEconomists React: China’s December Trade Data May Mean Worst Is Over – China...
Better-than-expected export and import data in December suggest the beginning of a modest improvement in trade despite recent turmoil in Chinese financial markets, economists say, even as a weaker yuan...
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