The People’s Liberation Army is a pillar for stability in Hong Kong and will always abide by the law, Beijing said on Friday amid concerns it might mobilise troops to help bring an end to…
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Beijing says People’s Liberation Army is a ‘pillar of stability’ for Hong Kong
China Proposes Tighter Oversight of Financial Holding Firms
China plans to start regulating large conglomerates that may pose systemic risks to the nation’s financial sector. Certain non-financial firms or individuals with businesses that straddle at least two … ( read original story …)
Beijing’s liaison office in Hong Kong hits out at accusations it was behind Yuen Long attacks, calling them ‘malicious rumours’
Beijing’s liaison office in Hong Kong has condemned those who accused it of being behind violent attacks in the northern town of Yuen Long on Sunday, with the foreign ministry also slamming US senator ……
Beijing says local governments can set winter output limits for Chinese industry’s war on smog
Beijing will not set overall output restrictions on China’s heavy industry for the coming winter but will direct local governments to set limits based on manufacturers’ emissions, the environment … ( read original story …)
US state department worried by Beijing’s hints it could use troops to put down Hong Kong protests
‘We urge Beijing to adhere to its commitments in the Sino-British Joint Declaration and Basic Law to allow Hong Kong to exercise a high degree of autonomy’ Department ‘categorically rejects’ charge … ( read original…
China Proposes Tighter Oversight of Financial Holding Companies
China plans to start regulating large conglomerates that may pose systemic risks to the nation’s financial sector. Certain non-financial firms or individuals with businesses that straddle at least two … ( read original story …)
China moves to regulate ‘blind’ business expansion of financial holding firms
BEIJING — China’s central bank on Friday unveiled the first draft rules to regulate the country’s vast and often complex financial holding companies, which it said have had “blind business … ( read original story…
China’s Vice Premier, Sinopec Expected to Meet Saudi Energy Minister
Sinopec is China’s biggest buyer of Saudi crude. Aramco, the world’s most profitable company, has held talks with a select group of investment banks to discuss potential roles on the offering, … ( read original…
China may give big asset management firms nod for M&As of smaller banks
China’s banking and insurance regulator has told the country’s biggest distressed debt managers to prepare contingency plans to take over or invest in high-risk small and medium-sized Chinese banks, … ( read original story …)
China may give big asset management firms nod for M&As of smaller banks
China’s banking and insurance regulator has told the country’s biggest distressed debt managers to prepare contingency plans to take over or invest in high-risk small and medium-sized Chinese banks, … ( read original story …)
China central bank issues draft rules on financial holding firms
BEIJING (Reuters) – China’s central bank issued draft rules on financial holding companies on Friday, setting minimum asset requirements and banning them from non-financial business activities. Draft … ( read original story …)
Justin Sun praises China’s socialism in apology amid pressure from authorities
Justin Sun, the Chinese crypto-entrepreneur who made headlines … in a show of loyalty to China’s regulators amid reports of him being investigated by the authorities. “I was really fortunate … ( read original story…
China Bank of Jinzhou says in talks with possible investors, renewing contagion worry
BEIJING/SHANGHAI (Reuters) – China’s Bank of Jinzhou, which suspended trading in its shares earlier this year and saw its auditor quit, said on Thursday that it is in talks with multiple parties for … (…
