vice chairman of the China Banking Regulatory Commission (CBRC), told a forum in Beijing on Friday. “In the context of putting more emphasis on defence against financial risks, we should continue to vigorously promote financial…
Featured Posts Title
China’s petrochemical sector set to expand even as losses deepen
The buzziest Shenzhen shopping malls where you’ll find everything
Tropical storm Podul disrupts travel and schools in southern China
Japan and China commemorate World War II anniversary on different dates
When will India, China resume direct flights? IndiGo CEO says ‘when both countries…’
Tencent’s 2nd-quarter sales, profit top forecasts as AI gives China’s tech giant a leg up
China’s refining and petrochemical sector faced steeper losses in H1
Recent Posts
China to encourage financial innovation, control risks
China’s big five banks to report 2016 earnings next week, here’s what to expect
The latest statistics by the China Banking Regulatory Commission released last month showed non-performing loan (NPL) ratio of commercial banks decreasing 0.02 percentage point to 1.74 percent by the end of 2016. Large NPL formation…
Moscow, Beijing draw closer in banking
Central Bank of Russia opens first overseas office in Beijing as part of ‘strategic partnership’ China and Russia will strengthen financial cooperation, especially in the fields of currency exchange, currency settlements and banking cooperation ……
China stocks rise for 2nd week as infrastructure spree offsets liquidity fears
SHANGHAI, March 24 China stocks rose on Friday as strong gains in the infrastructure sector offset concerns over tightening liquidity in the country’s banking system, increased regulation and fresh curbs on property investment. The blue-chip…
China urges Australian business to focus on the ideas boom
Chinese business leaders say they are keen to work more closely with Australian companies on research and development projects, urging both countries to look outside the traditional trade relationship and to capitalise on the “ideas…
Hong Kong likely to choose Beijing's pick for leader amid tension, economic malaise
But on Sunday, 20 years later, only 1,200 people on an election committee stacked with Beijing loyalists will vote for the next leader of the Asian financial hub which witnessed weeks of sometimes violent street…
JD Finance Is Raising New Funding At RMB50B Valuation
JD Finance, is currently in the market raising fresh capital at a RMB50 billion valuation, a person with immediate knowledge of the matter told China Money Network. Investment institutions and individuals can buy JD Finance…
China's Chery files trademark complaint against Mercedes over green car brand
A Chery spokeswoman told Reuters on Thursday that the automaker had filed a complaint with the Trademark Office of the State Administration for Industry and Commerce, which it hopes will bar Mercedes from using the…
China stun Koreans to keep World Cup hopes alive
Yu Dabao struck in the first half as Marcello Lippi’s China stunned South Korea 1-0 to keep their slim World Cup hopes alive on Thursday. The Beijing Guoan forward’s header ensured China’s first win of…
China's ZTE posts Q4 net loss after U.S. sanction case fine
HONG KONG (Reuters) – Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in fourth-quarter profit, as it booked a $892 million charge to settle a…
China, Nepal to discuss joint military exercises
China’s defence minister will arrive in Nepal later Tuesday for talks on joint military exercises, a meeting that will be closely watched by India as Beijing boosts its influence in the region. Chang Wanquan will…
China Steps Up Its Promotion of Global Trade
Mar.23 — Lowy Institute Fellow Thomas Wright discusses trade and protectionism, and weighs in on President Trump’s attempt to overhaul U.S. healthcare. Wright speaks on “Bloomberg Daybreak: Australia.” ( read original story …)
Canada gets green light to join controversial China-led infrastructure bank
The bank, which was established by China in 2015, aims to provide infrastructure capital … have said it plans to loan out $10-15 billion over the next five years. Finance Minister Bill Morneau has said…
