China says it will shut down ivory trade by end of 2017

JOHANNESBURG -- China says it plans to shut down its ivory trade by the end of 2017 in a move designed to curb the mass slaughter of African elephants. The Chinese government will end the processing and selling of ivory and ivory products by the end of ... ( read original story ...)

China Bans Its Ivory Trade, Moving Against Elephant Poaching

“China is moving from being the main problem to the main solution,” he said, calling Friday’s announcement “the most astonishing and wonderful piece of news.” Ms. Pepper of the Natural Resources Defense Council urged other nations, including ... ( read original story ...)

China vows shutdown of ivory trade by end of 2017

Ivory is displayed before being crushed in China’s Guangdong province on Jan. 6, 2014, an event aimed at shedding China’s image as a global hub for the illegal trade in African elephant tusks. JOHANNESBURG — China says it plans to shut down its ivory ... ( read original story ...)

Another Chinese tech giant is launching an online bank

Best known for its smartphones, Xiaomi will own around 30% of the new bank. The Chinese regulator is encouraging the launch of new banks. In 2014, the China Banking Regulatory Commission (CBRC) started handing out licenses to more private banks as ... ( read original story ...)

Across China: More private banks in pipeline

BEIJING, Dec. 30 (Xinhua) -- Historically, China's banking sector has been dominated by a few colossal state entities, but the tone has changed and market-oriented private banks are springing up in response to needs that state-owned dinosaurs are simply ... ( read original story ...)

China’s central bank on levers to buoy the yuan

China enhanced its ability to stabilise its currency, as the rising US dollar threatens to undermine its economy, by accelerating the flow of capital out of the country. China’s central bank is adjusting the mix of foreign currencies used in setting the ... ( read original story ...)