China’s central bank said on Monday it will step up oversight of capital and platform companies, and steadily implement a management system for real estate financing. The PBOC added it will also …
FINANCE
China will step up foreign exchange market monitoring in 2022 – regulator
China will strengthen foreign exchange market monitoring and step up risk prevention and control in 2022, the country’s FX regulator said in a statement on Monday.
China Huarong sells 70% stake in its consumer finance unit to Bank of Ningbo
BEIJING: China Huarong Asset Management Co said on Monday that it will sell a 70 per cent stake in its consumer finance unit for 1.1 billion yuan (US$172.64 million) to Bank of Ningbo, as Huarong…
1st LD-Writethru-Economic Watch: China shortens negative lists for foreign investment for 5th straight year
Meanwhile, a number of major opening-up measures have been introduced in industries including finance and automobiles, creating broader room for foreign investment. Bucking a sharp drop in global …
Financial hub in western region promotes China’s development strategy
The announced plan of a western financial hub represents an important move that guarantees China with the prospects of a high-quality domestic development and a long-awaited economic rebalancing act …
Sutro Biopharma and Tasly Biopharmaceuticals Enter into Exclusive License Agreement for STRO-002 in Greater China
Sutro Biopharma, Inc. (“Sutro”) (NASDAQ: STRO), a clinical-stage drug discovery, development and manufacturing company focused on the application of precise protein engineering and rational design to …
China’s Finance Ministry: Will roll out fiscal policies proactively to stabilize growth next year
China will roll out fiscal policies proactively to stabilize economic growth in 2022, the country’s Finance Ministry said at its briefing on Monday. “Fiscal expenditures will be kept up to bolster …
China to Roll Out Fiscal Policies Proactively to Stabilise Growth Next Year
China will roll out fiscal policies proactively next year to stabilise economic growth, the finance ministry said on Monday, vowing that the impact of the drive would be felt earlier than usual. The …
China to ‘appropriately’ frontload infrastructure investments – finance ministry
China will make infrastructure investments “appropriately” ahead of time and use fiscal policies to stabilize economic operations, according to a readout from a meeting posted on the finance ministry …
World Review 2021: It all starts with China! Know more
A rare bipartisan consensus in the US accepted this challenge. The new Cold war between the US and China threatens to become hot over Taiwan.
U.S. Futures Rise as Traders Mull Virus, China Vow: Markets Wrap
Asian stocks were mixed and U.S. equity futures were steady Monday amid a mood of caution as traders evaluated spiking coronavirus cases and a weekend pledge of greater economic support from China’s …
China central bank vows to promote healthy development of property market
China’s central bank said on Saturday it will safeguard the legal rights of home buyers and better satisfy their reasonable living needs, vowing to promote healthy development of the country’s real …
China’s interbank bond market cash bond trading rises in November
Cash bond trading in the interbank bond market rose in November, data from the People’s Bank of China showed. In November, the turnover hit 22.3 trillion yuan (about 3.5 trillion U.S. dollars), …
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