As Harris points out on his China Law Blog, companies will sometimes sign agreements with manufacturers both in Chinese and in English but the Chinese one will differ greatly from the English version. Worst of…
Monthly Archives For June 2018
BOMA China to roll out building classification guide
“It will help build Chinese brands and promote sustainable development in the industry.” “China, especially center areas in the first-tier cities, has now slowed down its development and construction in the real estate industry,” said…
Central bank to commence auctioning Chinese yuan
The Central Bank of Nigeria (CBN) on Thursday, released guidelines for the bilateral currency swap agreement between Nigeria and China. The CBN gave the guidelines in a document signed by its Director, Financial Markets Department,…
China CITIC Bank, Ant Financial ink strategic deal
China CITIC Bank Co Ltd and Ant Financial signed a strategic partnership agreement on Thursday to share resources and promote innovation in financial products and services. Leveraging on their advantages in green finance, inclusive finance,…
Shanghai Sperm Bank Rejects Overweight, Hair Loss Donors
The human sperm bank will also be the first in China to use genomic screening techniques. Genomic screening can prevent diseases from being passed on to the next generation, said Xu Congjian, director of a…
China policy bank reports over $100b loans to SCO countries
An employee counts Chinese one-hundred yuan banknotes at the Bank of China Hong Kong Ltd headquarters in Hong Kong, Nov 12, 2016. [Photo/VCG] BEIJING – China Development Bank (CDB), a major policy bank, has so…
Banks to open Renminbi accounts in China
The Central Bank of Nigeria (CBN) yesterday released the operational guidelines for the $2.5 billion currency swap agreement between Nigeria and China. The Peoples Bank of China (PBoC) – CBN) Bilateral Currency Swap (BCSA) regulations…
China’s money rates fall, helped by c.bank’s long-term cash injection
SHANGHAI, June 8 (Reuters) – China’s primary money rates fell this week as liquidity deepened at the start of a month and market sentiment improved after a net long-term cash injection led by the central…
Nigeria: CBN Issues New Guidelines On China Currency Swap Transactions
… for the conduct of financial transactions under the recently federal government signed currency swap deal with the bank of China. In the new guidelines that was titled: “Regulations for Transactions with Authorised Dealers in…
Putin arrives in Beijing for state visit with birthday buddy Xi Jinping
(CNN)Russian President Vladimir Putin arrived in China for a state visit Friday, his third trip in just over one year as Beijing and Moscow look to promote their special relationship. Warmer ties between the two…
Putin, Xi Beijing Meeting Underscores Close Relationship
BEIJING — Russian President Vladimir Putin is meeting with his Chinese counterpart Xi Jinping in Beijing at the start of a state visit ahead of a summit featuring their two countries and six Asian states.…
Beijing’s best outcome from Korea talks: US troops out of the Korean Peninsula
The best outcome for China from President Donald Trump and North Korean leader Kim Jong Un’s meeting will be the U.S. pulling troops out of the Korean Peninsula eventually. The “nightmare scenario” for Beijing would…
U.S. Embassy in China sends new alert for mystery health issue
“If the U.S. makes formal contact with us, China will continue necessary investigations in an earnest and responsible manner and maintain close communication and co-operation with the U.S.,” Hua said at a regularly scheduled news…