LONDON — Would the Chinese buy African fashion? Hannah Wanjie Ryder, chief executive officer of Development Reimagined, a Beijing-based consultancy that promotes Sino-Africa trade and development, certainly hopes so. With funding from the African Export — Import Bank, some 22 designer brands from 12 African countries came to China last week and took over a
Asian state-owned investors (SOIs) are projected to grow their assets under management by 34 per cent over the next five years, aided by growing economies, healthier fiscal balances and bigger contributions from the continent’s relatively young population, according to Sovereign Wealth Fund Institute. These sovereign investors, which include 146 central banks, sovereign wealth funds and
Robot stacking coins atop a map of Europe Gemini Why Europe’s AI Startup Environment Lags and What Can Be Done About It At the recent Business Application Research Centre (BARC) DataFestival in Munich, BARC CEO Carsten Bange shared a stark and troubling reality about the state of the global AI investment landscape: while the United
CLN KraneShares Key News Asian equities were mixed overnight in a quiet session following Friday’s global index rebalance and the expiration of U.S. futures and options. Hong Kong and India, which has picked up recently after its correction, outperformed while the Philippines and Indonesia underperformed. The Wall Street Journal is reporting Trump’s April 2 tariff
China’s finance ministry has announced the impending issuance of sovereign green bonds in London, which will mark its first overseas sale of such bonds and a concrete step following high-level economic and finance talks earlier this year. The yuan-denominated issuance will be worth up to 6 billion yuan (US$829.75 million) with specific details to be