Chinese banks extended 1.5 trillion yuan ($234.76 billion) in new yuan loans in May, up from April and exceeding analysts’ expectations.
Monthly Archives For June 2021
China’s 10 Fastest Growing Export Markets in 2020
We take a brief look at China’s 10 fastest growing trade partners in 2020, and the most valuable goods sent to these markets.
China says it arrested over 1,100 suspects and busted 170 criminal gangs in a crypto-related money-laundering crackdown
China’s arrests came about a month after it banned financial institutions from crypto-related payment services.
Beijing 2022: IOC says China on fast track to become world-class winter sports destination after ‘thorough report’ by Games organisers
The IOC’s Olympic Games executive director Christophe Dubi praises Beijing organisers for presenting their activity report at the governing body’s executive board meeting on Wednesday.
China Tells U.S. To ‘Behave’ After Top Taiwan Official Chides Country
Brent Christensen, who heads the American Institute in Taiwan, reaffirmed Washington’s firm backing of Taiwan’s leadership during an interview with Taipei newspaper ‘Apple Daily.’ …
China’s top liquor brand forecasts output at 55,300 tonnes for 2021
China’s leading liquor brand Kweichow Moutai said that its annual liquor output is expected to reach 55,300 tonnes in 2021. In 2020, the company’s revenue reached nearly 98 billion yuan (around 15.4 …
China’s top banking regulator warns of bad debt, Ponzi schemes
China’s top banking and insurance regulator Guo Shuqing said banks should actively guard against the rebound in non-performing loans.
China Will Keep Monetary Policy Stable, Central Bank Gov. Says
China will keep its monetary policy stable and implement normal policy as the government thinks inflation is under control and the economy’s performance is reasonable, said the central bank Gov. Yi …
Bank of Beijing
Bank of Beijing Co., Ltd. engages in the provision of commercial bank services. Its business includes corporate banking, retail banking, financial market business, and direct banking business.
China Passes Law to Counter Foreign Sanctions
China passed a law to counter foreign sanctions on Thursday, according to state television CCTV. The bill underwent a secret first review in April, and was passed by China’s top legislature, the …
How China went from celebrating ethnic diversity to suppressing it
The brutal clampdown in Xinjiang represents an about-face from the communist party’s original approach to cultural differences, says professor of Chinese history Thomas S Mullaney …
Rocket on Pad, China Ready to Send 1st Crew to Space Station
The rocket that will send the first crew members to China’s new space station has been moved onto the launch pad ahead of its planned blastoff next week.
China central bank chief says inflation under control, vows ‘normal’ monetary policy
China’s central bank governor said inflation is “basically under control”, and monetary policy would be kept steady, in comments a day after concerns over inflationary pressures were fanned by data …
