China’s banking sector had 1.53 trillion U.S. dollars of external financial assets and 1.57 trillion dollars of external liabilities at the end of 2021, resulting in net external liabilities of 37.9 …
Monthly Archives For March 2022
China to up financial support for rural vitalization
China will continue to guide banks and insurers to optimize financial services to advance rural vitalization the country top bank …
GOP urges Garland to bring back DOJ’s China Initiative
Republican senators are urging Attorney General Merrick Garland to reconsider the Department of Justice’s decision to shutter the China Initiative, pressing him on the Biden DOJ’s new, and vaguer, …
The irony of China’s rise: It’s fueled by capitalism
In the last decades, China has lifted nearly 800 million people from poverty, an achievement that the head of the World Bank has called a “great story in human history.”When we talk about the rise…
UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2021
UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the six months and full year ended December 31 …
Future FinTech trials blockchain tech system with China’s anti-counterfeiting agency
Future Fintech’s (FTFT) wholly-owned subsidiary, Cloud Chain Network and Technology, and the Anti-Counterfeiting Committee of the China Foundation of Consumer Protection on …
Future FinTech and China Foundation of Consumer Protection Begins Trial Operation of Blockchain Technology System
Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter referred to as “Future FinTech”, “FTFT” or “the Company”), a leading blockchain-based e-commerce business and a fintech service provider, …
BOE Pushes for Tougher Regulation of $1.7 Trillion Crypto Market
The Bank of England called on policy makers to beef up the global framework for regulating cryptocurrencies to prevent them from threatening the wider stability of financial markets.Most Read from …
Live: China briefs media on COVID-19 containment measures
China’s Joint Prevention and Control Mechanism of the State Council holds a press conference in Beijing. Officials and experts from different departments, including the National Health Commission, …
Searchers in China find wing, engine parts after plane crash
No survivors have been found since the China Eastern Airlines Boeing 737-800 dived into a mountainous area Monday during a domestic flight, but authorities say they still are looking.
China’s Push to Isolate Taiwan Demands U.S. Action, Report Says
Chinese officials are ramping up a campaign to force United Nations agencies, governments, companies and even schools to say Taiwan is a part of China.
China Votes With Russia As U.N. Security Council Smacks Down Ukraine Motion
While China and Russia voted in favor of the draft introduced on Wednesday, the remaining 13 U.N. Security Council members abstained.
Chinese banking sector’s net external liabilities at 37.9 bln USD
BEIJING, March 24 (Xinhua) — China’s banking sector had 1.53 trillion U.S. dollars of external financial assets and 1.57 trillion dollars of external liabilities at the end of 2021, resulting in net …
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