The firm is acquiring a stake in China AMC, which had $215 billion in AUM and an annual compound growth rate of 40% in the past five years
The index provider says China has to take further steps toward making its market more accessible for global investors
Although the credit-rating agency maintained the country’s rating, it says the government’s fiscal strength has weakened
China could try to stoke growth by devaluing its currency
Postal Savings Bank of China is the sixth largest bank by total assets in China
Canadian individuals can trade, save and invest in Renminbi
Moody’s report suggests that weak demand from China could further drag down volumes, prices and margins in the oil and gas sector
Over the medium term, the credit-rating agency continues to see the potential for a prolonged period of lower growth
Worst is over for China, portfolio manager says
A drop in Chinese equities in June and July alarmed a lot of investors who were already worried about a slowing in China’s economy. However, this wasn’t a collapse due to faltering earnings; it was a correction from overinflated share prices. And the market correction provides an opportunity to pick up some good Chinese stocks […]