Results 1 to 5 of 5
Thanks Tree2Thanks
  • 1 Post By Blueneck
  • 1 Post By Tedminator

Thread: I'm not sure how I feel about this...

  1. #1
    No mercy for losers Addiction Solitaire Champion, Double Deuce Champion, Queen Jewels Champion, Ray Ray Shuffle Champion, Twins Champion, Blow Up: Arcade Champion, Bunch - Time Trial Champion, Znax Champion, Zoo Keeper Champion, Sobics School Champion, Swap a Smiley Champion, Makos Champion, Dino Drop Champion, Flower Frenzy Champion, Some Puzzle Champion, Funny Bubbles Champion, CubeZ Champion, Dinky Smash Champion, Fun Fun Animals Champion, Fruit Fabriek Champion, Raft Wars Champion, Rainbow Monkey RunDown Champion, Raft Wars Champion, Crime Puzzle Champion Blueneck's Avatar
    Joined
    Jun 2007
    Posts
    46,645
    Thanks
    23588

    From
    Ohio

    I'm not sure how I feel about this...

    Foreign firms will be allowed to hold a majority stake in joint ventures with mainland Chinese securities companies and life insurance joint ventures, and caps on foreign banks’ stakes in Chinese banks and asset managers would be removed, Zhu was quoted saying in a press release issued by China’s State Council on Friday.

    Zhu said the decision was made during meetings between Chinese President Xi Jinping and US President Donald Trump during the latter’s state visit to China this week.

    *snip*

    Now, all foreign banks will be allowed to hold a 51 per cent stake in securities brokerage joint ventures, and after three years this cap will be removed.

    Foreign investors will be allowed to take a 51 per cent stake in life insurance companies after three years, and the cap will be removed after five years.
    I wonder if this has a downside.

    China to ease ownership limits on foreign joint ventures in finance sector
    Thanks from Friday13

  2. #2
    Galactic Ruler Spookycolt's Avatar
    Joined
    May 2012
    Posts
    60,666
    Thanks
    11092

    From
    By the wall
    I'm curious also since its a topic I know nothing about.

    Did Trump do good or bad here?

  3. #3
    Retired Admin Macduff's Avatar
    Joined
    Apr 2010
    Posts
    83,568
    Thanks
    22324

    From
    Pittsburgh, PA
    I don't think it's necessarily a bad thing. But it's going to increase foreign investment in China. Remember the "the Japanese are buying all our real estate" hysteria in the 80's? We still kept our country. We just got some more foreign dollars into it.

  4. #4
    spɹɐʍʞɔɐq ʞɹɐp ǝɥʇ Puzzling Evidence's Avatar
    Joined
    Mar 2015
    Posts
    17,655
    Thanks
    7213

    From
    i'm not real===
    I like, this is why I voted for the guy.

  5. #5
    Veteran Member Micro Machines Champion, Race Against Time Champion Tedminator's Avatar
    Joined
    Jun 2010
    Posts
    23,199
    Thanks
    13115

    From
    South Florida
    Quote Originally Posted by Spookycolt View Post
    I'm curious also since its a topic I know nothing about.

    Did Trump do good or bad here?
    Depends on how you feel about the Chinese government building gas pipeline in Alaska.

    https://www.adn.com/business-economy...al-with-china/
    Thanks from Babba

Similar Threads

  1. If it were someone else, I'd feel sorry for him
    By Davocrat in forum Political Discussion
    Replies: 41
    Last Post: 17th June 2017, 06:30 AM
  2. How I Feel
    By vikingbeast in forum Political Discussion
    Replies: 4
    Last Post: 3rd August 2014, 09:23 AM
  3. If you're a Jew, how do you feel about
    By rytis2001 in forum Philosophy and Religion
    Replies: 22
    Last Post: 12th May 2007, 09:27 AM

Tags for this Thread


Facebook Twitter RSS Feed