BEIJING (Reuters) – Regulators in China are making further progress in reducing risks to the financial system, according to fresh figures on Wednesday that showed a drop in assets in the trust industry, which is…
Featured Posts Title
European Union welcomes suspension of China’s rare earth controls
Starbucks sells control of its stores in China to Boyu Capital
China sentences 5 to death for building, running criminal gang fraud centers in Myanmar’s lawless borderlands
China sentences 5 people to death over links to Myanmar fraud gangs
China puts Trump-Xi deal to 4-point test: Beijing urges DC to stay away from ‘sensitive issues’
China sentences infamous Myanmar scam mafia members to death
China accuses Netherlands of not working to fix Nexperia dispute
Recent Posts
China makes further progress in risk crackdown as trust firms’ assets fall
Chinese Central Bank Develops Blockchain System to Digitize Paper Checks
The People’s Bank of China (PBoC) has revealed a blockchain-powered system to digitize paper checks, local media Financial News reports June 5. The system aims combat financial fraud as well as reduce expenses for printing…
China c.bank injects net 203.5 bln yuan with hefty 1-yr MLF rollover
SHANGHAI, June 6 (Reuters) – China’s central bank lent 463 billion yuan ($72.43 billion) to financial institutions on Wednesday via its 1-year medium-term lending facility (MLF), with interest rates unchanged, it said in a statement.…
GEOSWIFT LAUNCHEs GEOREMIT AT MONEY 20/20 EUROPE TO STREAMLINE P2P MONEY TRANSFERS INTO CHINA
GeoRemit will help consumers swiftly and securely transfer money to 90% of Chinese bank accounts, both debit and credit, in RMB, by utilising Geoswift’s network of banks in China. In most countries, remitting money domestically…
Is A Natural Gas Pipeline Between Alaska And China Realistic?
However, the only news the delegation brought home was that Sinopec and Bank of China were still interested in the project. This declaration of interest is hardly worth a headline, but one outtake from the…
China Central Bank Injects Net 203.5 Billion Yuan With Hefty One-Year MLF Rollover
SHANGHAI (Reuters) – China’s central bank lent 463 billion yuan ($72.43 billion) to financial institutions on Wednesday via its 1-year medium-term lending facility (MLF), with interest rates unchanged, it said in a statement. The fund…
China Hongqiao Inks $4.7 Billion Financing Deal With Industrial Bank
BEIJING — China Hongqiao Group, the world’s biggest aluminium producer, said it has signed a financing agreement with Industrial Bank Co Ltd worth 30 billion yuan (3.51 billion pounds) as it looks to upgrade its…
Macau Casinos Drop for Fourth Day on China Crackdown Speculation
Industrial and Commercial Bank of China (Macau) Ltd. said in an emailed statement Wednesday the bank took action to remove non-compliant machines. Checks of so-called POS systems are routine, it said, and the proportion of…
China reportedly offered to buy nearly $70 billion of US agriculture, energy products
China would buy nearly $70 billion worth of U.S. agriculture and energy products if the Trump administration steps back from tariffs, The Wall Street Journal reported Tuesday, citing sources briefed on the latest talks with…
China institutes on US campus: Fount of learning or threat?
For critics, like Republican Sen. Marco Rubio, they present a threat to academic freedom and a spy risk. As tensions between the U.S. and China rise over trade and security, perceptions vary wildly about educational…
Big four focus on Yangtze 5G tech project
China Mobile, China Unicom, China Telecom and China Tower Corp said they would build up a globally pioneering 5G application network across the Yangtze River Delta region by 2021. [File photo/Xinhua] China’s big four telecom…
Nation to bolster intellectual property protections
[Photo/IC] China will strengthen its protection and management of intellectual property, accelerate the commercialization process, and help improve global IP protection practices and standards, officials said on Tuesday. Tuesday marks the 10th anniversary … (…
China achieves remarkable success in IPR protection: official
China has achieved remarkable results in intellectual property right (IPR) protection, according to an official at the State Intellectual Property Office Tuesday. Shen Changyu, head of the office, made the remarks at a forum in…
