China should build a solid foundation in the domestic financial market to support green finance, a senior official with the United Nations Environment Program told China Daily. Green finance – financing environmentally sustainable growth -…
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Russia eyes unified payment systems with China: PM
MOSCOW (Reuters) – Russia wants a mutually-compatible payments system with China in order to reduce the risk from further financial sanctions by the West, Prime Minister Dmitry Medvedev said in an interview published on Friday.…
AIFC delegation visits China
BEIJING-SHANGHAI. KAZINFORM From 3 to 5 November 2016, a delegation of the Astana International Financial Centre visits the People’s Republic of China to meet with the Chinese financial institutions, Kazinform correspondent reports. The delegation met…
China Foreign Exchange Trade System joins R3
Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to ……
Wetherby Asset Management Inc. Has $814,000 Position in China Mobile Ltd. (CHL)
Wetherby Asset Management Inc. boosted its position in shares of China Mobile Ltd. (NYSE:CHL) by 20.3% during the second quarter, Holdings Channel reports. The institutional investor owned 14,058 shares of the company’s stock after buying…
China cracks down on growing live streaming industry
China issued new rules Friday to regulate the country’s fast growing live-streaming video industry. The Cyberspace Administration of China posted a 20-point edict that will go into effect next month. It said the regulations were…
Beijing, Shanghai or Hangzhou? Where to visit in China
Since the reforms of the late Seventies, China has undergone the fastest sustained expansion by a major economy in history. Among other changes, tourists were allowed to visit for the first time since the inception…
Imagine leaving your house and seeing this… Beijing chokes in toxic air as 'smog season' begins
The capital city of Beijing has been blanketed in thick smog in the past two days with visibility reduced to as low as 100 metres (328 feet), reported the People’s Daily Online. Latest pictures, taken…
China to allow 'reasonable' local government financing needs
“Local governments will continue to issue bonds to replace the existing debt to help reduce interest burdens, ease debt repayment pressure and guard against financial risks,” it said. China’s overall debt has jumped to more…
China's Wanda Group purchases Dick Clark Productions
BEIJING — China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1 billion for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss…
China's Leading Online Insurer ZhongAn Launches ZhongAn Technology Creating a New Fintech Ecosystem
SHANGHAI, Nov. 4, 2016 /PRNewswire/ — ZhongAn Online Property & Casualty Insurance Co., Ltd. (“ZhongAn”), China’s first online insurance company, announces the establishment of ZhongAn Information and Technology Services Co., Ltd. (“ZhongAn Technology … (…
National Bank of Canada in inaugural panda bond sale
Canadian banks have historically not been as big in the China sphere – panda bonds give you an onshore hedge, so it is really whether you need the RMB,” said Keith Pogson, a Hong Kong-based…
China unveils its most powerful drone bomber, which can fly for two days without refuelling within a range of 15,000 miles
It was the latest sign of the growing sophistication of the China’s military technology. The fifth-generation warplane, which outwardly resembles the Lockheed Martin F-22 Raptor in service with the U.S. military, performed a series of…
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