China’s RMB is less popular as it ages

In 2016, China’s currency seemed on target for global reserve status. These days, the renminbi appears stuck in reverse, with Beijing looking on passively as its status shrinks and it slides down the global rankings. When financial messaging provider Swift published its latest RMB Tracker in late January, almost no one noticed. For good reason. Anyone not focused on US politics or Australian fires … http://bit.ly/3bwStTf

China’s Family Inheritance Report Released, Golden Age for Family Wealth Inheritance

Chinese high net-worth individuals no longer consider whether or not they should plan for inheritance. That question is settled. But they still face the question of how they plan for wealth transfer – and which firms they should work with. On September 21 in Nanjing, Euromoney, one of the world’s leading financial media companies, and CreditEase, one of China’s top wealth … http://bit.ly/2NCpLDd

Watch out world, here come Chinese government bonds

As Chinese bond markets are set to be included in indices for the first time, a big change is coming to the global financial system. Chinese government bonds could become the new Bunds in portfolios, but Xi Jinping might have bigger targets in his sights. When the history of 21st century finance is written, two dates in 2016 are likely to deserve special mention: February 24 … http://bit.ly/2prGAr5

Third time lucky for Taiwan’s Tsai?

President Tsai’s flagship foreign policy aims to redirect bank lending and investment away from China and towards southeast Asia. Taiwan has tried to diversify twice before and failed – will it work the third time? When running for the highest office in the land, Taiwanese politicians face a conundrum. Do they seek harmony and conciliation with their giant neighbour across … http://bit.ly/2xeZswI

China’s stimulus policies mitigate the risks of trade-related setbacks

Highly leveraged and discomfited by escalating tariffs, the world’s most populous nation is holding steady in Euromoney’s survey, with a stronger risk profile than other Brics. China’s country risk score improved in Euromoney’s survey during the first half of 2018 by 1.6 points to cement its position in 42nd place out of 186 countries in the global rankings. That puts China … http://bit.ly/2oNhT8b