As ever in this country, the numbers are extraordinary – whether it’s rate of growth or just the overall total. But Asiamoney has identified China’s best banks in 2018 to help high net-worth individuals with…
FINANCE
China names reformist Guo Shuqing as central bank’s Communist Party chief and vice governor
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, has been appointed the Communist Party chief and deputy governor of the People’s Bank of China (PBOC), official publication…
Air China to Launch New Beijing-Houston-Panama City Route
BEIJING, March 26, 2018 /PRNewswire/ — On 5 April, 2018 Air China will launch a new route from Beijing to Panama City via Houston. The new route is expected to greatly facilitate exchanges between both…
China to Name Reformer Guo Shuqing as Party Secretary of Central Bank
BEIJING—China has picked a reform-minded financial regulator to be the party secretary of the central bank, according to people familiar with the matter, a move that could bolster momentum for financial overhauls. Guo Shuqing, who…
China to name reformer Guo Shuqing as central bank party chief: sources
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, can be expected to also be installed soon in the role of Communist Party chief of the People’s Bank…
China’s new central bank chief pledges steady opening of financial sector
BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing risks through regulation and supervision, the new central bank governor said on Sunday. In his first…
China will steadily advance financial reforms, open sector: Central bank governor
In his first public speech since becoming central bank chief last week, Yi Gang told the China Development Forum in Beijing that opening up leads to progress while closure points to backwardness. The sector’s opening…
China will steadily advance financial reforms, open sector: central bank’s Yi Gang
BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing financial risks through regulation and supervision, the new central bank governor said on Sunday. In his…
China’s new central banker pledges to rein in financial risk
BEIJING — China’s new central bank governor has outlined sweeping changes aimed at reining in rising debt and financial risks but expressed confidence Beijing can prevent potential dangers. Speaking at an economic conference, Yi Gang…
China names Guo Shuqing as central bank party secretary: NYT tweet
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, has been named as Communist Party chief of the People’s Bank of China (PBOC), the New York Times said…
China will steadily advance financial reforms, open up sector: PBOC’s Yi Gang
BEIJING (Reuters) – China will steadily push forward financial reforms as it further opens up the sector, Yi Gang, the central bank’s new governor, said on Sunday, adding that the process of opening up will…
China’s new finance says some tax changes coming
BEIJING (Reuters) – China’s new finance minister on Sunday vowed to push ahead fiscal reforms, including changes in tax on manufacturing and transportation, to support the government’s goal of “high-quality” growth. Liu Kun made the…
China should not seek high growth as financial risk mounts: party official
BEIJING (Reuters) – China should focus less on rapid economic growth and more on the quality of its economy, given the dangers from already accumulating financial risks, a senior Chinese Communist Party official warned on…
