China poses threat to global financial stability: QNB

Weighed by its mounting debt, China is posing one of the biggest risks to global financial stability. Though it seems there is no imminent crisis, the threat of a financial crisis from China would be massive shock to the global economy, QNB noted in its ... ( read original story ...)

China looks at ending sales of gasoline cars

China is joining France and Britain in announcing plans to end ... to stop production and sales of traditional energy vehicles," according to the Xinhua News Agency and the Communist Party newspaper People's Daily. France and Britain announced in July ... ( read original story ...)

China stocks fall as banking, resources firms take a breather

Shanghai: China stocks fell on Thursday, as profit taking in resource shares following their recent rally and weakness in the banking sector offset strong gains in real estate companies. The blue-chip CSI300 index fell 0.5 per cent, to 3,829.87 points ... ( read original story ...)

7 Reasons Why China Banned ICOs

In a joint decree from seven financial regulators—including the People's Bank of China, the Ministry of Industry and Information Technology, and the China Banking Regulatory Commission—state officials laid out their reasoning. The group said they ... ( read original story ...)

China Everbright Bank Luxembourg Branch officially opens

China Everbright Bank (Europe) S.A. and China Everbright Bank Luxembourg Branch officially started their business operations on Friday. It was hailed by the bank as a crucial step in implementing the Belt and Road Initiative, as well as the expansion of ... ( read original story ...)