BEIJING, July 31 (Reuters) – China’s central bank will continue to force financial institutions to cut debt but ensure the process is smooth and orderly to limit its impact on market liquidity, an assistant central…
Monthly Archives For July 2017
Exclusive: China Construction Bank nominates Bank of China boss to be its next chairman – sources
… as top bosses at China’s powerful big four state banks normally get promoted to high-ranking positions at China’s financial regulatory bodies, said a source familiar with the matter. Tian was previously widely regarded in…
China’s оverall Debt Levels Still High, Central Bank оfficial Saуs
a central bank official said in thе bank’s China Finance magazine оn Mondaу. China will strengthen coordination оf supervision аnd stabilize market expectations while steadilу pushing ahead with deleveraging, said Zhang Xiaohui, assistant governor ……
Special Report: How China’s biggest bank became ensnared in a sprawling money laundering probe
Established residents and an influx of new immigrants, many from Qingtian County in China’s Zhejiang Province, found that the global financial crisis provided an ideal opportunity to expand. Their goods were cheap and Spanish businesses…
Apple removes VPN apps in China as Beijing doubles down on censorship
Beijing appeared to have doubled down on its crackdown of the internet in China, with news emerging that over the weekend, Apple pulled several virtual private network (VPN) services from the local version of the…
Chinese official says no link between US trade and N. Korea
BEIJING — A senior Chinese trade official said Monday the issue of China-U.S. trade should be kept separate from the issue of North Korean security threats, pushing back on statements from President Donald Trump. Vice…
Beijing bans the use and teaching of the Uyghur language in Xinjiang schools
The decree will come into effect at the beginning of the new school year. Schools will have to use Mandarin, according to the principle of bilingual education. The government announces severe punishment for anyone who…
Beijing tells Trump: No connection between US-China trade and North Korea’s ICBM threat
China said Monday the US should not link trade to discussions about North Korea’s nuclear programme, after President Donald Trump accused Beijing of failing to restrain Pyongyang despite profiting from business with America. “We believe…
One of China’s ‘most-wanted’ fugitives returns after 19 years in U.S.
BEIJING (Reuters) – One of China’s “most-wanted” overseas fugitives turned herself in on Monday after spending 19 years in the United States, the anti-corruption agency said. Huang Hong, 50, was a Beijing-based accountant for a…
PPP projects have entered the ‘fast lane,’ says China
BEIJING: China’s public-private partnership (PPP) project construction has entered the “fast lane” and will become a unified, standardized, transparent market, a government research office said. As of the end of June, there were 13,554 projects…
Vice premier urges efforts on air pollution control in north China
BEIJING, July 31 (Xinhua) — Vice Premier Zhang Gaoli Monday urged solid efforts on air pollution control in north China in the coming fall and winter seasons. China has made progress in the fight against…
Very disappointed with China, says Trump on Beijing’s inaction on North Korea
US President Donald Trump has accused China of doing nothing on North Korea and said he was “very disappointed” with Beijing, a day after Pyongyang launched an intercontinental ballistic missile test. Trump also said he…
High stakes in the Himalayas: China-India standoff fuelled by nationalism and new self-confidence
Saša Petricic is the CBC’s Asia correspondent, based in Beijing. He previously covered the Middle East, from Jerusalem, through the Arab Spring and the Syrian civil war. He has filed stories from every continent for…