According to a statement from the State Council Financial Stability and Development Commission published by the central bank on Saturday, China will further open up its financial markets with 11 … ( read original story…
FINANCE
US concerned over China’s ‘interference’ in South China Sea
HANOI, Vietnam — The United States said it’s concerned by reports of China’s interference with oil and gas activities in the disputed waters of the South China Sea, where Vietnam accuses Beijing of … (…
Vietnam demands Chinese ships to leave Vanguard Bank
China claims more than 80 per cent, while Vietnam claims sovereignty over the Paracel Islands and the Spratlys. The Vanguard Bank stand-off marks the worst confrontation between two countries since … ( read original story…
China expands access to financial markets with 11-point plan
BEIJING — China will expand the role of foreign credit rating agencies and brokerages in the bond market under new measures meant to free up markets in financial services, the central bank said … (…
What are click farms? A shadowy internet industry is booming in China
In China, the world’s largest smartphone market with over 800 million users, a unique type of farm springs up in urban areas. The only crops there are smartphones. The operations, known as click farms ……
China opens up its financial sector in a bid to boost foreign investment
Foreign institutions can now be the lead underwriters in the inter-bank bond market. China, said it will scrap foreign ownership limits of securities firms, fund firms, life insurers and futures firms … ( read original…
China further opens financial market to foreign investors
China ramped up efforts to further open up its financial market by allowing foreign capital access to more financial services such as the bond market, insurance, asset management and pension funds. … ( read original…
China Opens Up Financial Sector to More Foreign Investment
China opened up its financial sector to more foreign investment as the government said it will take targeted measures to cope with rising risks and challenges facing the industry. Foreign investors … ( read original…
China Vows Targeted Measures as Financial Stability Risks Rise
(Bloomberg) — China said it will take targeted measures to cope with rising risks and challenges facing the nation’s finance sector amid slowing economic growth and trade tensions with the U.S. The … ( read…
US China trade war: India may have lost the opportunity to capitalise on Dragon’s woes
China is the largest trade partner of the US in terms of goods … who started his career as international trade negotiator and served with US team for NAFTA negotiations told Financial Express Online ……
China relaxes capital replenishment rules for unlisted banks
BEIJING, July 19 (Reuters) – China’s banking and insurance regulator said on Friday it is relaxing rules to strengthen unlisted banks’ ability to replenish capital, as part of efforts to boost lending … ( read…
UPDATE 1-China relaxes capital replenishment rules for unlisted banks
BEIJING, July 19 (Reuters) – China’s banking and insurance regulator said on Friday it is relaxing rules to strengthen unlisted banks’ ability to replenish capital, as part of efforts to boost lending … ( read…
Limited options before India to take advantage of US-China trade war
China is the largest trade partner of the US in terms of goods … who started his career as international trade negotiator and served with US team for NAFTA negotiations told Financial Express Online ……