Recent Posts

China has 130,000 more multimillionaires this year

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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 … (…

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China reacts guardedly to Trump victory

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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…

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China: WeiyangX Fintech Review

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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…

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China may fully open investment banking sector

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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…

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