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US stocks close mixed in choppy trade - China Economy News
Economy

US stocks close mixed in choppy trade

Notably CEOs were already growing more pessimistic about the US economy. Most CEOs I talk to would say we are probably in a recession right now said BlackRock CEO Larry Fink...
Shanghai's innovative strategies boost the effectiveness of financial institutions - China Money News
Money

Shanghai's innovative strategies boost the effectiveness of financial institutions

A series of landmark financial industry expansion and opening up achievements were made in Lujiazui including JPMorgan Chase the country s first wholly foreign owned securities company the first batch of Sino foreign joint venture bank wealth management companies like BlackRock...
Foreign institutions upbeat about Chinese economy as supportive policies take effect - China Economy News
Economy

Foreign institutions upbeat about Chinese economy as supportive policies take effect

Several high profile business executives from foreign financial institutions including John Waldron president and chief operating officer of Goldman Sachs Group BlackRock CEO...
US national debt surpasses 35 trillion USD for first time - World News
World

US national debt surpasses 35 trillion USD for first time

BlackRock CEO Larry Fink told media This is my message not just to the US but to every country right now We have rising deficits no one is spending enough time talking about...
Time magazine notes influential role of Chinese companies - China Economy News
Economy

Time magazine notes influential role of Chinese companies

The 100 most influential companies fall into four categories Leaders Disruptors Innovators and Titans and has included household names such as Amazon United Airlines BlackRock...
Davos Watch: The 'Trump Shock' in Davos - China Event News
Event

Davos Watch: The 'Trump Shock' in Davos

Philip Hildebrand vice chairman of asset management giant BlackRock said that if Trump is elected it will pose a great concern to Europe.
Shanghai in the money with more global managers - China Money News
Money

Shanghai in the money with more global managers

Hamilton Lane CCB International CDH Investments and JAFCO Asia Phase II have been given access to Chinese private markets assets via the Qualified Foreign Limited Partner QFLP program while BlackRock...
Foreign asset manager cashing in on China's pension market - China Money News
Money

Foreign asset manager cashing in on China's pension market

Global asset manager BlackRock is offering retirement wealth management products to Chinese amid the country's pension reforms.
Shanghai enjoys a head start in its 5-year plan projects - Shanghai Metro News
Metro

Shanghai enjoys a head start in its 5-year plan projects

The city also approved the opening of a number of foreign funded financial institutions such as BlackRock Funds and DBS Securities and gave the green light to the establishment of...
China sees wider financial openness and deeper reform - China Money News
Money

China sees wider financial openness and deeper reform

This is a positive development for many foreign firms who have visions of establishing or expanding their operations in China as the likes of Goldman Sachs and BlackRock were previously...