Markets

China proposes major antitrust law overhaul, curbing internet titans

China Proposes Major Antitrust Law Overhaul, Curbing Internet Titans

Dave Yin (Caixin) | China is making major revisions to its antitrust law for the first time in more than 11 years to give it more teeth while reining in the dominance of the country’s internet goliaths.China is making major revisions to its antitrust law for the first time in more than 11 years to give it more teeth while reining in the dominance of the country’s internet goliaths.





Markets: There will be opportunities throughout the year…

Renta4 | Markets have advanced much in little time, with advances of 20% in Europe and 25% in the US in the last four months. This strong performance has been produced in an environment of clearly accommodative central banks, although the market “seeks” even more, discounting interest rate cuts both in the US (probability 50%) and in the Eurozone although to a lesser degree (probability 20%). At the same time, dissension is emerging in the heart of the ECB about the deposit rate


Don’t Worry, Corporate Leverage Only Just Back To Level Of 2007

AXA IM | Companies have re-leveraged their balance sheets since the global financial crisis (GFC), driven by low borrowing costs. Although heightened, corporate leverage is not currently excessive in developed markets, although we see signs of concern in emerging markets. In this note we assess whether we should be concerned about corporate leverage at current levels.




‘One belt, one road’ and how China aims to lead trade between Asia and Europe

Iris Mir | China aims to recover the ancient Silk Road to create an unprecedented trade link between Asia and Europe. Least developed Chinese provinces would also benefit largely from the ‘one belt, one road’ project as Beijing will need to invest greatly in infrastructure and high-speed railways. Local governments see the project as a golden opportunity to revive stagnating growth.