What’s Going On Here? China’s economy grew 6.2% in the second quarter of 2019 versus a year before (its slowest rate since the end of the Cold War). What Does This Mean? While the growth rate was in line with economists’ expectations and with China’s target of 6-6.5% for 2019 as a whole – a close inspection of the…
Tag: vietnam
Ep 45: Vietnam Seeks to Sell Stake in Military Commercial Bank
What’s going on here? Vietnam’s government is looking to sell part of its stake in Military Commercial Joint Stock Bank (MBB ∧ 0.47%) – a large local lender with a market capitalization of $2 billion. Who is Military Commercial Bank The Military Commercial Bank is owned of 44% by the government; 11% by Domestic and foreign…
