The Wenchang Road outlet of the Postal Savings Bank of China in the desert city of Wuwei is in the literal and metaphorical wild west of the Chinese financial world. Wuwei is in the remote…
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Chinese robot Tiangong clocks sub-9 second 100 metres in Beijing
Beijing warns it will not sever ties with Iran after US vows ‘economic D-Day’
Beijing’s Subway Line 22 launches empty-load trial operations
Youth voices drive Asia‑Pacific green‑energy ties at Shenzhen gathering
Faster, stronger, (occasionally) upright: See humanoid robots compete in Beijing games
China criticizes new US sanctions as Iran vows to retaliate
How China’s smog-busting pollution plan will clear Shenzhen’s skies for APEC summit
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Cats, rats and what a fistful of dodgy dollars in the desert tells us about China’s banking system
Report: Blast at China chemical plant kills 4
An explosion at a chemical plant in eastern China has killed four people, a state news agency reported Sunday. Six other people were injured in the blast Saturday at the Jinshan Chemical Plant Co., in…
Handled Doklam standoff with ‘restraint’: China
China will firmly uphold the existing international system with … If you have noticed we haven’t put up a paywall unlike many news organisations, – as we want to keep our journalism open. We believe…
China planning to allow gambling on Hainan island
An index of Macau casino stocks tumbled on the news. Sands China and MGM China Holdings dropped as much as 6 per cent, and Wynn Macau fell as much as 6.7 per cent. “I think…
Cats, rats and what a fistful of dodgy banking dollars in the desert tells us about China’s banking system
The Wenchang Road outlet of the Postal Savings Bank of China in the desert city of Wuwei is in the literal and metaphorical wild west of the Chinese financial world. Wuwei is in the remote…
China said to mull legal gambling on Hainan
China is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China’s territories and transform the economy…
China, the Vatican and a controversial deal
Under the agreement, the Vatican would be given a say in the appointment of future bishops in China, a Vatican source told news agency Reuters. For Beijing, an agreement with the Vatican could allow them…
With Sri Lankan port acquisition, China adds another ‘pearl’ to its ‘string’
China’s official licensing of the port in December last year … As 2017 wrapped up, the Chinese state news agency Xinhua published a dispatch from Colombo, describing how the Hambantota port was “now racing along…
Chinese bank shares rise on Beijing’s reiteration to weed out irregularities
Shares of mainland Chinese banks rose in morning trading in Hong Kong on Monday as Beijing clenched an iron fist to clean up irregularities to shore up lenders’ corporate governance. The Industrial and Commercial Bank…
Report: World’s biggest bank ICBC comes to Greece
The world’s largest bank, the Industrial and Commercial Bank of China (ICBC), is coming to Greece, being the second Beijing bank with interests here after the China Development Bank. ICBC, boasting €3.2 trillion ($3.9 trillion)…
China’s Banking Regulator Fines 19 Banks Over $3-Billion Pledged Loan Fraud
BEIJING (Reuters) – China’s banking regulator has imposed fines of 52.5 million yuan ($8.36-million) on 19 banks in the northwestern province of Shaanxi and the central province of Henan over a 19-billion-yuan ($3-billion) pledged loan…
China’s central bank injects liquidity into market in January
The People’s Bank of China (PBOC) is seen in this file photo taken in Beijing. [Photo/Xinhua] BEIJING – China’s central bank injected 495.5 billion yuan ($78.8 billion) into the market via various tools in January…
China’s banking sector reports growing domestic assets in 2017
BEIJING, Feb. 1 (Xinhua) — China’s banking sector reported growing domestic assets and debt in 2017, official data showed Thursday. Domestic assets of financial institutions in the banking sector stood at 245.78 trillion yuan (38.99…
