A subsidiary of China’s central bank, China Foreign Exchange Trade System, is gathering information about abnormal trades on Oct. 31 which involved borrowing and lending at extremely high interest …
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China central bank says subsidiary is probing Oct. 31 abnormal trades
Bank of China GAAP EPS of RMB0.19
Q3 GAAP EPS of RMB0.19. Operating income of RMB151.22M More on Bank of China Bank of China: Sluggish Economy Creates Significant Uncertainty Bank of China Limited (BACHF) Q3 2023 …
China reports current account surplus in first nine months
BEIJING – China’s current account surplus was $208.9 billion in the first nine months of the year, the State Administration of Foreign Exchange said Friday. Of the total, the surplus under trade in …
H World Attended Business China’s Future China Global Forum 2023
Setting an Example by Assuming the Responsibility for Sustainable Green DevelopmentSINGAPORE and SHANGHAI, Nov. 3, 2023 /PRNewswire/ — The 14th …
Beijing bans Communist party officials from private equity investing
Beijing has told Communist party cadres to stay away from private … The ban comes as Xi shakes up the finance industry. State-owned banks have cut salaries and perks for staff this year while the…
China central bank: will ensure reasonable and sufficient liquidity
China’s central bank will use a variety of monetary policy tools to maintain reasonable and sufficient liquidity, it said on Friday. The People’s Bank of China (PBOC) will also maintain reasonable …
US chip maker Micron rekindles ties with China despite Beijing’s sales ban over security concerns
Commerce minister welcomes Micron if it ‘follows Chinese laws and regulations’, while CEO ‘expressed willingness to expand investments’ The meeting came after the US chip maker said it would attend …
China’s fright night: Halloween protests and cash crunch send distress signals about the economy
The services and construction industries, also saw their weakest activity last month since China lifted its Covid-19 restrictions in December 2022. “China’s economic outlook remains highly uncertain,” …
Anthony Albanese will soon be the first Australian prime minister in 7 years to visit China
Anthony Albanese will soon become the first Australian prime minister in seven years to visit China in recognition of improving bilateral relations.
China’s Minister of Commerce meets with CEO of Micron Technology to promote investment and cooperation
[Photo/Agencies] China’s Minister of Commerce Wang Wentao met with Sanjay Mehrotra, president and CEO of the American chip company Micron Technology in Beijing on Wednesday, according to a statement …
China to welcome Micron’s expansion as relations with US ease – report
China’s commerce minister suggested that the Asian country is open to U.S. semiconductor company Micron Technology (NASDAQ:MU) expanding its presence in the Chinese market, Reuters reported. The move …
Xinhua Silk Road: Annual Conference of Financial Street Forum 2023 to be held during Nov. 8-10 in Beijing
BEIJING, Nov. 3, 2023 /PRNewswire/ — The Annual Conference of Financial Street Forum 2023 will kick off on November 8 in Beijing, with the focus on strengthening financial openness and cooperation as …
China’s property slump pushes financial regulator to roll out loan rule ‘trick’ to help grease the economy
China had 38.5 trillion yuan (US$5 trillion … the losses across different stakeholders and across time,” said Chen Zhiwu, chair professor of finance at the University of Hong Kong. “At the moment, …
