BEIJING, Dec. 25 (Xinhua) — China’s banking institutions saw an increase in total assets and liabilities, according to data published Tuesday by the country’s top banking regulator. By the end of Nov… ( read original…
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Taiwan revokes visa of pro-Beijing Chinese influencer
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China Plans for Global CEOs to Meet Xi in Beijing Next Week
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China’s thermal power generation down 5.8% year-on-year in Jan-Feb
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Banking institutions in China see rise in assets, liabilities
China Stocks Pare Slide as State Funds Seen Buying Large Caps
(Bloomberg) — China stocks pared a sharp drop as state-backed funds were seen buying large caps in the afternoon. The SSE 50 Index of some of the country’s largest stocks fell 0.5 percent at the…
The 8 Controversies That Shook China’s Luxury Industry in 2018
In 2018, plenty of luxury brands once again got embroiled in controversies that cost them hundreds and millions of dollars to solve and to soothe the outraged public. Here, Jing Daily offers our year- ……
China Mobile launches app on Party building
China Mobile, one of the nation’s biggest telecom and internet service suppliers, has launched a potentially lucrative e-platform to empower Party-building and military management. The product boosts … ( read original story …)
China Won’t Resort to Massive Stimulus but More Easing Seen: Central Bank Adviser Sheng
SHANGHAI/BEIJING (Reuters) – China will not resort … local media quoted a central bank adviser as saying in a report on Tuesday. The Chinese economy will face downward pressure in 2019, while … ( read…
China cuts tariffs on more than 700 goods as it works to open its economy
China has announced another round of tariff cuts, lowering import taxes on more than 700 goods starting Jan. 1 as part of its efforts to open up its economy and lower costs that the people…
Christmas celebrations in full swing in Beijing despite China’s festive crackdown
The familiar trappings of Christmas were gone from some Chinese cities, but at a shopping centre in central Beijing, the popular English Christmas carol that six-year-old Sisi sang with her kindergart… ( read original story…
China’s Ant Financial swoops on £500m WorldFirst
The payments group affiliated to Alibaba, China’s biggest internet company, is in advanced talks about a $700m (£550m) takeover of WorldFirst, a British currency exchange start-up. Sky News has learnt … ( read original story…
Chinese banks’ shares sink after Beijing reportedly tells them to control profit to support economy
Bank of Qingdao plunged 8.7 per cent … a newspaper run by the People’s Daily, on Thursday. Beijing has been stepping up efforts to stimulate economic growth, which has slowed sharply during the US-C… (…
Beijing vows to reduce meddling in trading after bad year for China stock market
“Beijing has eased the intensity of its crackdown on shadow banking, and has pumped ample liquidity into the interbank market. But the money is just circulating between banks [and not reaching the rea… ( read…
Resumption of Iran-China Banking Ties Runs into Snag: Official
On November 28, Asgaroladi said the hurdles in banking transactions between Tehran and Beijing have been cleared. “As of December 2, a Chinese bank will begin banking transactions with Iran,” he had a… ( read…
China’s central bank continues to inject funds into market
Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, Aug 3, 2018. [Photo/VCG] BEIJING – China’s central bank continued to pump liquidity into the money market through … ( read…
Central Bank Gold Policies – People’s Bank of China
Although there is no official confirmation of gold storage arrangements, it is thought that the Chinese official gold reserves are vaulted in Beijing, China’s capital, and may be under the protection … ( read original…
