New ex-China ETF launched following Missouri Republicans’ initiative
Vanguard’s New ETF Signals Shift in Investment Strategies (Reuters) – Vanguard, the investment management firm, is launching a new exchange-traded fund (ETF) aimed at emerging markets outside of China. This development follows a push from the Missouri treasurer’s office for investment products that exclude Chinese stocks. This ETF is indicative of a broader trend toward […]
Ex-China central banker accused of bribery admits to ‘huge mistake’
A disgraced former Chinese central bank official admitted he had made a “grave mistake” after being arrested on bribery charges last year. Fan Yifei, 59, was the most senior official at the People's Bank of China when he was arrested under President Xi Jinping's campaign to eliminate “flies and ants” in the finance, energy and […]