Why smart cities? From all perspectives, it ticks all the boxes: innovation, technology and new economy. On a day-to-day basis, it makes our urban environments more liveable, it saves energy, keeps …
FINANCE
China’s Antigraft Watchdog Probes Former CEO of China Merchants Bank
The country’s Central Commission for Discipline Inspection said Friday that Tian Huiyu was placed under investigation. He was abruptly removed from the helm of the state-backed lender days before.
Ex-China Merchants Bank president Tian Huiyu is being investigated by top anti-corruption watchdog for suspected breach of ‘party’s discipline and law’
Tian undergoing top anti-corruption watchdog’s ‘disciplinary review, monitoring and investigations’, according to online notice Analysts confident bank’s performance and outlook will not be affected …
China financial markets not immune to external shocks: Central bank governor
China’s financial markets are not immune to external shocks and the COVID-19 situation also put more pressure on China’s economy, governor of the People’s Bank of China (PBOC) Yi Gang said on Friday …
Clean at Home and Polluting Abroad: The Trouble With China’s Energy Finance
Renewables make up 3/4 of Chinese energy investments at home, but only 1/4 abroad. One reason is the Chinese financial system’s preference for SOEs, which these days are looking for markets to unload …
China probes former president of Merchants Bank for violations
Chinese authorities are investigating Tian Huiyu, former president of China Merchants Bank Co, for suspected violations, days after removing him from the nation’s top retail bank.
China central bank says to step up support to economy, maintain market stability
China’s central bank said on Friday that it would step up support to the economy and maintain market stability, amid growing headwinds such as challenges from the Ukraine conflict and supply chain …
China probes former president of Merchants Bank for violations
Chinese authorities are investigating Tian Huiyu, former president of China Merchants Bank Co, for suspected violations, days after removing him from the nation’s top retail bank.
Former president of China Merchants Bank under investigation
Tian Huiyu, former president of China Merchants Bank, has been under disciplinary and supervisory investigation, an official statement said Friday. Tian, also former Party chief of the bank, was …
China central bank says to step up support to economy, maintain market stability
China’s central bank said on Friday that it would step up support to the economy and maintain market stability, amid growing headwinds such as challenges from the Ukraine conflict and supply chain …
Former president of China Merchants Bank under investigation
Tian Huiyu, former president of China Merchants Bank, has been under disciplinary and supervisory investigation, an official statement said Friday. Tian, also former Party chief of the bank, was …
Despite Beijing’s Verbal Support, Some Companies and Banks in China Are Distancing Themselves From Russia
Ever since Russia sent troops into Ukraine nearly two months ago, China has refused to join the U.S. and Europe in condemning the Kremlin’s actions or imposing economic sanctions, with officials …
China ‘debt trap diplomacy’: ex-central bank governor slams accusations as a ‘smear’ amid warnings of global credit risks
China’s overseas lending is not a “debt trap”, former central bank governor Zhou Xiaochuan has said, after two of the world’s biggest international financial institutions warned of growing credit …
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