by AIP Online Bureau | Sep 19, 2023 | Eco/Invest/Demography, International News, Regulation, Wealth Management/ Philanthropy
The detentions come as China started a campaign against illegal fundraising to protect consumers. Li Yunze, head of China’s National Administration of Financial Regulation, vowed in a Friday speech to deal with a number of major cases to protect the rights and...
by AIP Online Bureau | Sep 16, 2023 | Eco/Invest/Demography, International News, Risk Management
“China risks are several – LGFV, housing stock overhang, demographics, dependency ratio, regulatory volatility, geopolitical isolation,” said Gaurav Pantankar, chief investment officer at MercedCERA, which oversees approximately $1.1 billion of assets in the US A...
by AIP Online Bureau | Sep 13, 2023 | International News, Life, Regulation
Wang Bin, ex-chairman of China Life Insurance Co., was found to have taken bribes worth 325 million yuan ($45 million) and hiding overseas deposits, China Central Television reported Tuesday, citing a court ruling Beijing: China sentenced the former head of the...
by AIP Online Bureau | Sep 13, 2023 | Eco/Invest/Demography, International News
In addition, the watchdog reduced the risk weighting it assigns to investments in Real Estate Investment Trusts (REITs), which in China channel money mainly into infrastructure projects Beijing: China’s financial regulator on Sunday reduced the risk weighting it...
by AIP Online Bureau | Sep 1, 2023 | Eco/Invest/Demography, Non-Life, Technology
“Tesla is obviously a big influence, but increasingly Hyundai Kia, Volkswagen, BMW, and Mercedes are moving the needle in premium,” said Soumen Mandal, senior analyst for automotive New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in...
