China opening up

The Latest

  • Credit Suisse Acquires Controlling Share Of Chinese Joint Venture
    Credit Suisse China
    Credit Suisse has increased its stake in its Chinese securities joint venture CSFS from 33.3 percent to 51 percent.
  • UBS Taps Former China Banking Watchdog Official As New Asia Strategy Head
    UBS China
    UBS has hired former CBIRC and PBOC senior official, Alan Wang, as its new managing director for its Chinese businesses.
  • JPMorgan Chase Shares Drop As CEO Undergoes Emergency Operation
    JPMorgan Chase
    The US investment bank's shares dropped by 5 percent following news that its CEO, Jamie Dimon, would be undergoing emergency heart surgery.
  • China Approves Mastercard Chinese Joint Venture's Clearing Business
    Mastercard China
    The People's Bank of China announced that it has approved Mastercard's joint venture with Netsunion Clearing Corporation to run a new bank card clearing business.
  • China SOEs Report Steady 2019 Profits Amid Reform Efforts
    China SOE
    China's state-owned enterprises reported a 4.7 percent growth in profits and a 6.9 percent growth in revenues for 2019.
  • Goldman Sachs To Double Number Of Chinese Employees In Next Five Years
    Goldman Sachs China
    Goldman Sachs is reportedly planning to double its Chinese workforce as part of its plan to eventually take ownership of its Chinese joint venture Goldman Sachs Gao Hua Securities.
  • China’s Foreign Reserves Hit Six-Month High
    Chinese and U.S. banknotes
    China’s foreign exchange reserves saw a significant hike as of the end of December 2019.
  • JPMorgan Plans To Take Over Chinese JV And Boost Investments In China
    JP Morgan Chase & Co
    Along with increasing its investment to boost its Chinese operations, JPMorgan also plans to hopefully take full control of its Chinese joint ventures.
  • Allianz Becomes China's First Fully Foreign-Owned Insurance Holdings Firm
    Allianz SE
    The approval to operate officially makes Allianz China's first fully foreign-owned insurance holdings company.
  • Xi Reaffirms China’s Business Opening Up At CIIE
    China International Import Expo
    Chinese President Xi Jinping said during the CIIE that China will continue to open its doors for foreign entrepreneurs and investors.
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