BEIJING, Jan 16 (Reuters) – China’s non-financial outbound direct investment in 2017 fell 29.4 percent year-on-year to $120.08 billion, the business daily Securities Times newspaper reported on Tuesday, quoting a commerce ministry official. Irrational ……
FINANCE
Mainland China to Enhance Banking Oversight Amid Rampant Financial Risks
China’s financial regulator vows to implement additional measures to crack down on shadow banking and tighten control over lending practices in order to contain the debt accumulation by the private sector and state-owned enterprises, as…
BRIEF-China Shandong Hi-Speed Financial Group’s Unit Xiang Long To Grant A Loan Of Rmb160 Mln To Borrower
Jan 15 (Reuters) – China Shandong Hi-Speed Financial Group Ltd: * UNIT XIANG LONG TO GRANT A LOAN OF RMB160 MILLION TO BORROWER; INTEREST RATE AT 12 PERCENT Source text for Eikon: Further company coverage:…
Apple’s iPhone 7 Plus was the second-best selling phone in China in 2017
Apple was the only foreign brand to have a smartphone model in the top 10 best-selling handsets in China in 2017. The iPhone 7 Plus managed 2.8 percent of all sales in the world’s largest…
Barry Callebaut sees China’s potential as one of the world’s biggest chocolate markets
Celebrates 10-year anniversary of its chocolate factory in China SHANGHAI, Jan. 15, 2018 /PRNewswire/ — The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, celebrates the 10th anniversary of its…
Banking on China’s global ambitions
In 2013, China unveiled a Silk Road plan for the 21 st century – a strategy that aims to boost trade and productivity between the country and others across Asia, Africa and Europe. The strategy,…
China to step up banking oversight in ‘arduous’ fight on financial risks
China will step up oversight in the banking sector this year to reduce financial risks, the country’s banking regulator said, stressing that long-term efforts would be needed to control banking sector chaos. The China Banking…
ADB, China-backed AIIB to co-finance more projects this year
Nakao said the vast need of infrastructure finance in Asia meant the ADB and the AIIB could … ADB officials are expected to travel to Beijing to meet with its counterparts at the AIIB, Nakao…
Bank Indonesia opens Beijing office
Bank Indonesia has opened a representative office in Beijing following an agreement between the Indonesian central bank and the People’s Bank of China. The agreement document was signed by Bank Indonesia Governor Agus Martowardojo and…
Bank Indonesia to Open Beijing Office to Boost Links With China
The Undoing Of Price Waterhouse In The Satyam Scam Case Mumbai To Get More Space To Build Homes Iran: Why This Time Is Different, And What’s Next Trump Serves Pakistan Notice, Enter China? Bajaj Vs…
China-Led Investment Bank Set For First U.S. Dollar Bond Sale
the Beijing-based bank’s treasurer. Depending on investors’ appetite, the maturity of the bonds will be between three and five years, Elbech said, adding that the bank expects demand to be strong. He added that the…
Fake news or intentional leak: is China halting US Treasury purchases?
In reality, Yao said Beijing did not have much of a choice but to continue … AXA Investment Managers Asia ING Bank Greater China economist Iris Pang said it would be no surprise if China…
China’s banks stand to earn US$63b in revenue by 2020 from financial inclusion, says EY
In Asia-Pacific, that boost to bank revenue is estimated at US$88 billion, with China leading the pack, followed by Thailand at US$8.5 billion, and Vietnam at US$5 billion. “Financial inclusion isn’t merely a corporate responsibility…
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