China is taking a beating from investment banking job cuts as firms reduce headcount in the Asia-Pacific region. Credit Suisse has become the latest bank to cut heavily, with around 20 China-focused bankers understood to be losing their jobs, according […]
Tag: China
Goldman Sachs is hiring most graduates from the ‘Harvard of China’
With Mandarin a prerequisite for deal making in North Asia, and many expats looking to relocate, the junior ranks of global investment banks in Hong Kong are increasingly dominated by bankers who’ve completed some of their education in mainland China. This trend is set […]
Help! I’m deciding whether to work in mainland China, or work in Hong Kong
I’m graduating next year with a finance degree from the University of Hong Kong, but I haven’t yet secured a job offer, despite having good grades and two internships under my belt. I’d like to work in private wealth or […]
Hong Kong and Singapore bankers drinking to excess to land Chinese deals
Bankers from Hong Kong and Singapore say they often end up drinking to excess when they meet clients from mainland China and try to forge strong relationships with them. China’s culture of corporate boozing has been thrown into the spotlight […]
Chinese investment banks are hiring in Hong Kong during Covid. But there’s a catch
If you’re a job seeker in Hong Kong and you want to work for one of the world’s top-10 investment banks by market capitalisation, you could try Goldman Sachs or Morgan Stanley, which respectively rank in first and second place. […]
First the trade war, then the pandemic. Now Chinese manufacturers are turning inward
Ask Zhu Kaiyu about his factory, and he can rattle off a series of statistics meant to impress: 15,000 square meters, 800 employees, 300 machines, 5 million articles of clothing sold per year. Zhu opened his factory for knitted apparel […]
How China can rebuild global supply chain resilience after COVID-19
As the number of COVID-19 cases in China falls, it is also recovering from the effects on industry. Companies have been exploring creative ways to restart global supply chains. More work is needed to ensure long-term resilience. China seems to […]
Banks are updating virus guidelines as COVID-19 spreads
With signs that the COVID-19 coronavirus might not be as under control as was initially hoped, some banks have updated their guidelines for staff on how to protect against themselves the illness. Goldman Sachs’ international head of human capital management, Sally Boyle, […]
There’s a growing tension at the heart of global markets by Capital Economics
The attention of markets remains fixed on the economic fallout from the coronavirus in China and beyond. This is understandable. The spread of the virus – or more accurately, the effort to contain it – poses the biggest near-term threat […]
Banks delay virus restrictions on New York & London staff returning from China
Today is Chinese new year. However, thanks to the coronavirus that has so far officially infected around 2,700 people and killed 80, many in China are not celebrating. Yesterday, China’s health minister Ma Xiaowei said the virus is infectious during its one to fourteen […]