China has 130,000 more multimillionaires this year

Compared with common people, there's strong demand from China's high net worth individuals to go abroad, including traveling, shopping, children's education, business, investment and medical cosmetology. The multimillionaires who have invested in overseas ... ( read original story ...)

UK looks to rekindle China investment ties after Hinkley hiccup

LONDON (Reuters) - Britain will seek to rekindle its "Golden Era" of relations with China on Thursday in talks with Chinese Vice Premier Ma Kai focussed on trade, infrastructure investment and closer financial cooperation. Ma's visit offers Prime Minister ... ( read original story ...)

China reacts guardedly to Trump victory

Beijing: China, often criticised for taking away American jobs, today reacted cautiously to the election of Donald Trump as President, saying it will work with the new US government to ensure steady development of bilateral ties to benefit people of both ... ( read original story ...)

China: WeiyangX Fintech Review

It has been reported that Bank of China and HSBC will launch a blockchain-based housing mortgage service in Hong Kong. The new technology will certify and share the real-estate valuation information in seconds, which used to take a considerable amount of ... ( read original story ...)

China may fully open investment banking sector

Wall Street banks may soon be able to establish wholly owned investment banking business on the mainland as China is reportedly considering fully opening the country's investment banking sector. The China Securities Regulatory Commission has not issued an ... ( read original story ...)

China forex reserves hit lowest value since 2011

The US$45.727 billion drop was the fourth consecutive monthly decline and took China’s overseas-currency warchest to US$3.121 trillion, according to the People’s Bank of China. The consumption of non-fossil energy must accounts for 15% of primary ... ( read original story ...)