Along the way, he also found time to climb the ranks of the country’s financial elite. He became chairman in 2009 of China’s third-largest bank, the Agricultural Bank of China, and then the chairman of…
FINANCE
Beijing offers big bucks for foreign spy tip-offs
Budding Chinese sleuths could start stalking foreigners as suspected spies in Beijing after authorities in the city on Monday offered a cash bonanza for information on overseas agents. Members of the public can report suspected…
China banks urged to support Beijing-Tianjin-Hebei integration
Beijing and Tianjin, a top central bank official said in remarks published on Monday. On April 1, the government announced plans to establish a new special economic zone in Xiongan, in the heavily polluted province…
China banking regulator issues bank risk control guidelines
SHANGHAI, April 10 China’s banking regulator said on Monday it has issued guidelines on risk control for lenders, as authorities ramp up efforts to contain risks from a rapid build-up in debt. The China Banking…
Chinese banks ramp up overseas lending
The expansion, believed to have largely funnelled to Chinese companies, comes as Chinese banks try to carve out a bigger presence in some of the world’s priciest business districts, financially as well as physically: Bank…
Report: China Offers Concessions on Beef Imports, Financial Investments
China has moved quickly to avoid a trade war by offering concessions on U.S. beef exports and better market access for financial investments, the Financial Times reports. The U.S. and China also agreed to a…
China offers concessions to avert trade war with U.S.: FT
China will offer the Trump administration better market access for financial sector investments and U.S. beef exports to help avert a trade war, the Financial Times reported on Sunday, citing officials familiar with the matter.…
China anti-graft body probing chief insurance regulator
BEIJING (Reuters) – The head of China’s insurance regulator is being investigated for suspected disciplinary violations, the country’s top anti-graft body said on Sunday, bringing the most senior financial regulator to date into the government’s…
China clearing houses partners with Canada's TMX in bond market push
SHANGHAI (Reuters) – In Beijing’s latest push to attract foreign investment into the country’s $9 trillion bond market, China’s state-owned clearing house said on Saturday that it will work with Canada’s TMX Group to expedite…
Bank of China breaks ground with Dublin branch
Bank of China will soon become the first Chinese bank to open a Dublin branch, capturing Ireland’s increasingly close business and financial ties with China. This new Dublin branch will support Chinese companies to grow…
China president's plane stops in Alaska after Trump visit
Alaska could provide a generation’s worth of liquefied natural gas to China, he told Xi. For Walker, even just a few hours of time with the president of China can pay dividends. China is the…
China vows stricter banking regulation to rein in risks
China’s top banking regulator on Friday vowed to strengthen supervision and punishment over irregularities in the sector to enhance risk control and improve financial services for the country’s real economy. Wang Zhaodi, head of the…
China stock regulator challenges corporate hype to cool economic zone fever
China has unveiled plans to build Xiongan New Area … after the company changed its name to P2P to stir up investor interest at a time when internet finance was a hot investment theme. The…
