Tag: China
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Super Petchilis: The Enigmatic Bonds of China’s History
Super Petchilis, or Petchili bonds, refer to a series of historical securities issued by the Chinese government in the early 20th century. They have become the subject of fascination, intrigue, and controversy for many collectors and investors. Here’s a look at what Super Petchilis are and why they continue to capture attention today. Historical Context…
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BRICs vs USD, BIS, IMF, CBDC or Gold Backed Currency
If Brazil, Russia, India and China sold U.S. Bonds If Brazil, Russia, India, and China (BRICs) sold U.S. bonds, it would likely have a significant impact on the global financial markets and the U.S. economy. U.S. bonds are a form of debt that the U.S. government issues to borrow money from investors, including foreign governments.…
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Chinese Investors Can Open Offshore Bank Accounts
How do Chinese invest offshore? People from China (Chinese investors) invest offshore in a variety of ways, depending on their investment goals, risk tolerance, and personal circumstances. Here are some common methods: Stock market investments: One of the most popular ways for Chinese investors to invest offshore is through stock market investments. This can be…
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Alibaba breakup heralds new era of opportunities in China for investors
The break-up of Alibaba, the Chinese mega-conglomerate, heralds the start of a wave of “enormous opportunities” in China for global investors, according to the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. Nigel Green of deVere Group is speaking out after the Jack Ma-founded business empire…
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Is USA a Tax Haven for Foreign Investors?
The United States is generally not considered a tax haven for foreign investors, as it has a relatively high tax rate compared to many other countries. However, there are certain aspects of the US tax system that may make it attractive to some foreign investors. For example, the US does not tax interest and certain…
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UnionPay International’s continuous expansion of its global network sees over 200 million cards issued outside the Chinese Mainland
10 Years of Providing Innovative Global Payment Services SHANGHAI, Dec. 30, 2022 /PRNewswire/ — With the issuance of UnionPay cards exceeding 200 million outside the Chinese Mainland, UnionPay International (UPI) is stepping into a new decade of providing high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base. UPI’s partners have expanded from 60…
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Four themes will shape investments in 2023: deVere CEO
There are four over-riding investments themes that investors will be watching and positioning for in 2023 in order to build their wealth, says the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organizations. Nigel Green of deVere Group’s comments come as global investors and savers take stock…
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Global cooperation key for overcoming challenges
BEIJING, Dec. 13, 2022 /PRNewswire/ — The following article was published today by China Daily. Global cooperation must be strengthened to overcome the escalating challenges that the world faces in reaching the goals of common development and prosperity, experts said at a webinar on Monday. Countries should also let go of ideological prejudices to form stronger solidarity in…
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CGTN: Digital economy becomes new growth engine for China and other G20 members
BEIJING, Nov. 14, 2022 /PRNewswire/ — Three years into the COVID pandemic, the world economy, while facing mounting uncertainties and challenges, has undergone profound changes, with the digital evolution accelerated and the digital economy emerging as a new engine for economic recovery and growth. The digital economy refers to a broad range of economic activities that include…