China Everbright Bank (Europe) S.A. and China Everbright Bank Luxembourg Branch officially started their business operations on Friday. It was hailed by the bank as a crucial step in implementing the Belt and Road Initiative,…
Monthly Archives For September 2017
‘Silk Road’ plan stirs unease over China’s strategic goals
The Asian Development Bank says the region, home to 60 per cent of the world’s people, needs more than $26 trillion of such investment by 2030 to keep economies growing. The initiative is in many…
What’s “All of the Fuss” About China’s ICO Ban?
The September 4 announcement, however, of an ICO ban in China caused a momentary global panic that sent Bitcoin prices on a temporary tumble. The People’s Bank of China (PBoC) deemed ICO’s illegal, ordering all…
China August imports beat expectations, but exports disappoint
China on Friday reported data pointing to strong domestic demand as imports beat expectations in August, although overall export growth eased. In August, China reported August exports were up 5.5 percent from a year ago…
China to Ban Sale of Fossil Fuel Cars in Electric Vehicle Push
China will set a deadline for automakers to end sales of fossil-fuel powered vehicles, a move aimed at pushing companies to speed efforts in developing electric vehicles for the world’s biggest auto market. Xin Guobin,…
China August producer inflation jumps to four-month high as economy races along
Saturday’s data also suggested that the year-long gains in producer prices are starting to percolate through to the broader economy, but at a modest pace, which will be welcome news to the central bank. China’s…
China bitcoin exchanges awaiting clarification on closure report
Bitcoin fell sharply on Friday after Chinese financial publication Caixin reported that China was planning to shut down local crypto-currency exchanges, although analysts said this was just a temporary setback. The news follows China’s move…
China’s ‘Javanka’ fanatics dismayed as first daughter cancels visit
‘Javanka’ fans across China had been counting the days until the power couple’s arrival. “They’re a role model couple … highly motivated and positive. That’s what lifts me up when I feel down,” raved Chen…
Understand China, say ‘no’ to its products, says BJP ideologue
AB Vajpayee advocated act up East and current PM MOdi is firming up East and this is the way to counter China’s advances on India, he added. Get latest news & live updates on the…
‘Lips and teeth’ no more as China’s ties with North Korea deteriorate
then it is possible that North Korea becomes as hostile to China as to the United States.” Get latest news & live updates on the go on your pc with News App. Download The Times…
China, Russia support North Korea, urge USA for talks at UN
Russia and China – allies of North Korea- have strongly defended the nuclear actions of North Korea. The latest Hydrogen Bomb test has sent tremors across the western world represented by the NATO. USA, Japan…
Trafficked North Korean ‘bride’ reveals her desperate flight from China
Mi-young’s chance came when her mother-in-law let her go into town to run some errands. Sold into marriage in China, the 24-year-old North Korean woman was desperate to flee the bleak life with her “husband”…
China shares pioneering environmental finance experience with the world
Experts from around the world attended the 2017 International Green Finance Forum in Beijing Tuesday, at which they discussed how to make green finance mainstream around the globe to help deal with climate change. The…
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