Topic: China
Premier heads to Asia on first official financial services trip
Premier André Ebanks is travelling to Asia this week as part of a push to strengthen Cayman's relationships with financial services clients.
The AI race – power, people and the pursuit of the future
The AI race spans a rivalry between nations, a restructuring of human labour and intense competition among investors seeking to capture the opportunities created by intelligent machines.
China’s growing presence in Cayman’s financial industry
Cayman may be a UK overseas territory, with an economy dominated by the US, but data shows that its financial services industry increasingly caters for Chinese firms.
Court orders disclosure of Cayman firms’ owner
The providers of registered offices for two Cayman companies must reveal if the firms are owned by a Chinese former billionaire, a Grand Court judge has ordered.
New research highlights Cayman’s role in directing investment flows to China
Updated estimates of global cross-border investment holdings show a growing exposure of investors in developed countries to China, often using investment structures offshore.
China: How to ride the new wave?
China’s drive towards ‘common prosperity’, aligned with strengthening both national security and social welfare, has resulted in a new wave of regulation which may have a ripple effect that spreads far and wide.
The common pursuit of broad-based prosperity
The two largest countries in the world – the US and China – are currently pursuing strategies with similar objectives but very different paths.
China: New regulations threaten use of Cayman structures
Commentators have speculated that new guidelines will put a chill on US stock offerings by Chinese companies and affect commonly-used structures in the Cayman Islands.
$1M sought for coronavirus fight
Health officials will be requesting Cabinet approval for just over $1 million as part of local coronavirus response preparations.
Drezner: This trade war will get out of control
I have been researching, writing and speaking about economic statecraft for more than two decades. I know some things. On occasion, people pay me to talk about what works, what does not and what is likely to happen. And when I talk about the myriad kinds of economic statecraft that could be in play,
Column: China’s race to control blockchain
If China can be first and build a blockchain system it controls, such as its own state-controlled internet, Beijing will be able to use the technology to repress its people, expand its influence and subvert the Western rule-of-law based system.
Cayman’s value highlighted to Chinese investors
Cayman Finance CEO Jude Scott highlighted the virtues of the Cayman Islands to corporate lawyers and investment specialists in China and Hong Kong last month.
Morici: Trade war could end in a stalemate
Industry leaders almost always dislike changes in the regulatory environment.
Morici: Why divorcing China might be the right way to go
Asking China to reform would be akin to asking pre-World War II Germany to give up militarism and become a benevolent state.
Eliminate unilateralism in trade
Taking into account their positions as economic powers, both countries have to do their utmost to avert a game of tit for tat.
Morici: Donald Trump’s long game with China
Beijing and local governments, with the collaboration of its technology giants, are funneling hundreds of billions of dollars into startups and big company projects that enjoy notably more freedom than Western companies.
Morici: Tariffs are Trump’s first test of China and the WTO
China has targeted one U.S. industry after another – metals, solar panels, computer chips, artificial intelligence and supercomputers – many having significant economic and national security consequences.
Morici: Economic nationalism is a losing strategy
Instead of rallying American allies to confront China’s mercantilism through joint action, Mr. Trump has bullied Mexico, South Korea and Canada, pulled America out of the Trans-Pacific Partnership and derailed free trade talks with the EU.
US must confront China to achieve 4 percent growth
Either China commits to opening up its markets to U.S. goods and investments on a fully reciprocal basis and balancing bilateral trade over three years, or the United States should unilaterally impose a system of import licenses.
Morici: Girding for a showdown with China
North Korea’s nuclear and missile programs present the United States with no good options, but China’s posture is a foil for its wider strategic objectives.
Ignatius: North Korea, on the brink
North Korea’s rhetoric blasts the United States. But in a deeper way, it’s China that’s being put in an intolerable position by Pyongyang.
Krauthammer: North Korea: The Rubicon is crossed
By Charles Krauthammer
WASHINGTON — Across 25 years and five administrations, we have kicked the North Korean can down the road. We are now out...
Business in brief
SteppingStones opens U.K. office, Sackville wins Caribbean Trust Company of the Year, BDO reminds U.S. taxpayers of deadline, Mentoring Cayman Class attends educational workshop, Appleby acts as offshore counsel in Chinese convertible bond transaction
Lower port fees for Cayman ships in China
China is granting the Cayman Islands-registered ships “most favored nation” status, paving the way for lower port fees for the vessels, the Chinese ambassador to the United Kingdom confirmed during a visit to Cayman last week.
Krauthammer: Incident in Hangzhou
The president of the United States lands with all the majesty of Air Force One, waiting to exit the front door and stride down the rolling staircase to the red-carpeted tarmac.
G-20 meeting advances tax agenda amid concerns over globalization
Leaders of the world’s 20 largest economies have warned that global growth needs to be shared more equally to stop mounting concerns over globalization and free trade.
Balding: Investors in denial about China’s slump
As you’ve no doubt noticed, companies and investors around the world are feeling the pain of China’s economic slowdown.
EDITORIAL – Being self-reliant: Cayman’s economy in the ‘new normal’
The wider world "out there" is fraught with economic uncertainty ... All the more reason for Cayman Islands leaders to focus their attention on our own solitary vessel.
Will: China’s flawed ascent
George Will
WASHINGTON – China produces an astonishing number of astonishing numbers, including this: In the 20th century, America made automobiles mass-consumption items, requiring prodigious...
