Overshadowed by China’s role as the world’s creditor is the uncomfortable reality that it also continues to be one of the largest recipients of multilateral assistance through major development agencies like the World Bank and…
Monthly Archives For February 2018
BRIEF-China Banking Posts FY Net Interest Income Rose 17% To 20 BLN Pesos
* FY NET INTEREST INCOME ROSE 17% YEAR-ON-YEAR TO 20 BILLION PESOS Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
China c.bank releases nearly 2 trln yuan in temporary liquidity
BEIJING, Feb 9 (Reuters) – China’s central bank said on Friday it has released temporary liquidity worth almost 2 trillion yuan ($316.28 billion) to satisfy cash demand before the long Lunar New Year holidays. The…
China eyes consumer financial literacy improvement
Financial literacy has become a catchphrase in China after decades of reform and opening up, with the country’s economy becoming increasingly complex. “As China is building itself into a financial power, the financial literacy level…
China plans sea-based anti-missile shields ‘for Asia-Pacific and Indian Ocean’
China is developing sea-based anti-missile systems and plans to deploy them in the Asia-Pacific and Indian Ocean, according to military experts. The assessment came as Beijing announced it had carried out a successful test of…
China dismisses accusations from former Maldives leader
“China’s aid to the Maldives has no political strings attached and does not harm the Maldives’ sovereignty and independence at all, still less jeopardize security in the Indian Ocean,” Geng said at a regularly scheduled…
China dismisses accusations that it is ‘buying up the Maldives’
“China’s aid to the Maldives has no political strings attached and does not harm the Maldives’ sovereignty and independence at all, still less jeopardise security in the Indian Ocean,” Geng said at a regularly scheduled…
Female ex-NPAs offered China trip
Now that China is no longer communist … MALLARI JR. Don’t miss out on the latest news and information. ( read original story …)
China wants to make the tech behind its supercomputers, drones, and rocket simulators harder to steal
China’s military has spoken out in protection of the country’s military and technological innovations by suggesting the country tighten its control over its intellectual property. The military suggested that China needed to create intellectual property…
China’s private funds face employee exodus, business scramble as rules bite
SHANGHAI (Reuters) – China’s private fund managers are facing an employee exodus and some are closing as Beijing’s clampdown on leverage and financial risk claims more scalps. Once a booming industry – capital grew by…
China Mobile partners with EXFO to conduct verification tests on its network for IoT
China Mobile Communications Corporation (CMCC) has successfully concluded a performance verification test for the core networks from 4 major vendors, with support from EXFO Inc. The Canada-based network test, monitoring and analytics experts … (…
Germany’s Daimler issues ‘full apology’ to China over Dalai Lama
Instagram is blocked in China, but the post was reposted by Chinese internet users, causing a commotion. The official Chinese news agency, Xinhua, said the German carmaker had written to China’s ambassador to Germany expressing…
China’s global imports soar, trade surplus with US narrows
The figure is roughly equal to the trade surplus China posted with the US in the same period last year. The falling surplus is good news for Beijing, which has been under attack by US…