Tag: Banking

China Signs Dozens of Deals in Latin America

By Elise Pietro Chinese President Xi Jinping signed dozens of deals in Argentina and Venezuela during his tour through Latin America. The trip, his second to the region since he took office last year, highlights trade between China and Latin...

/ July 23, 2014

Internet Finance in China: Will it Disrupt Traditional Banking?

By Ana Swanson Like many businesses the world over, investment in China has gone mobile. Just ask Yang Ren Jun, a 26-year-old translator and interpreter in Shanghai. Yang initially invested ¥3,000 ($483) in a new online investment service called Yu’e...

/ July 21, 2014

Banking Abroad

Chinese banks are employing various strategies as they march into international markets by Jonathan Calkins Industrial and Commercial Bank of China (ICBC), the world’s largest bank by market value, received final approval from US regulators in May 2012 to purchase...

/ July 8, 2013