China called on IMF member nations on Wednesday to stick to a commitment to give emerging markets more power at the global lender after U.S. lawmakers set back historic reforms that would give developing countries a greater say. The remarks by Chinese Foreign Ministry spokesman Hong Lei were an indirect […]
Tag: China
IFC to Invest $2 billion in China’s Interbank Bond Market
By Peter OBIORA InvestAdvocate Lagos INVESTADVOCATE)- The International Finance Corporation (IFC) a member of the World Bank Group, Thursday said it will invest about $2.0 billion (12 billion yuan) in China’s interbank bond market. This is coming on the heels of an agreement between the IFC and People’s Bank of […]
‘Fragile five’ elections add to 2014 risks for emerging markets
Elections in all the “fragile five” emerging economies next year, along with the thorny topics of Syria and Iran, will make life tricky for investors trying to steer through political risks in developing markets after a hairy 2013. The withdrawal of U.S. monetary stimulus will set the backdrop for the […]
