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China must quell European pessimism

  China, which has been a top business hub over the last two decades, is now experiencing slow growth amid increasing hostile business environment and lack of political will to accelerate structural reforms, triggering pessimism among European companies. Fifty-six per cent of European firms polled by the European Chamber of Commerce in China said they are finding it more difficult ...

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Mongolia’s cybersecurity cooperation

  Galbaatar Lkhagvasuren SPECIAL TO EMIRATES BUSINESS Mongolia has declared in its National Security Concept that it will develop friendly-neighbor relations and wide-ranging cooperation with the Russian Federation and the People’s Republic of China. Yet individuals and other groups both in China and Russia have attempted cyber attacks on Mongolia numerous times, most of which have been reported to the ...

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China’s shadow banks pose systemic risk

Of all the topics sure to be come up in Sino-U.S. economic talks this week — from the problem of excess capacity to currency controls — the health of China’s financial sector will no doubt feature high on the list. Especially worrying are the multiplying links between the country’s commercial and “shadow” banks — the name given to a broad ...

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