When Alex Ferreira was about 9 or 10 years old, he completed his first 360-spin while training on moguls in his hometown of Aspen, Colorado. It was then that the Olympic medalist decided he wanted…
Tagged By banking
Global banks said to warn China against new overseas listing rules
Global banks are said to be warning China that new overseas listing rules may deter banks from advising Chinese companies on initial public offerings, which may be harmful to …
China to further boost digitalization in banking, insurance sectors
China will promote the process of digitalization in banking and insurance to heighten high-quality development of the sectors, the country’s banking and insurance regulator has said. Banking and …
Senior banking official removed over corruption
It said the former official behaved dishonestly and held a distorted view of Party achievements. He failed to fully implement the decisions made by the Communist Party of China Central Committee on …
China tightens anti-money laundering rules for financial firms
SHANGHAI: China on Wednesday (Jan 26) published revised rules designed to strengthen financial firms’ ability to combat money laundering. The revised rules, which regulates how financial institutions …
China Evergrande aims for restructuring plan within six months as creditor talks begin
Evergrande Group, once China’s top selling developer and now struggling to repay its creditors, suppliers and investors in wealth management products, missed some dollar bond payments last month, …
China launches 3-year action plan to crack down on money laundering
File photo shows the headquarters of the People’s Bank of China in Beijing, capital of China. (Xinhua/Cai Yang) BEIJING, Jan. 26 (Xinhua) — Authorities in China have initiated a three-year action …
Bear Market Looms for China’s Equity Benchmark During Volatility
CSI 300 Index teetered on the edge of a bear market as the media called for investors to hold their nerves in a global selloff.
China will allow Guizhou financing vehicles to delay debt payments
China will allow local government financing vehicles (LGFVs) in the southwestern province of Guizhou to delay debt payments and undergo debt restructuring, the cabinet said on Wednesday, part of a …
China’s SOEs realize 18.5% yearly revenues increase in 2021: Finance Ministry
China’s state-owned enterprises (SOEs) realized annual revenues of 75.55 trillion yuan ($11.95 trillion) in 2021, registering a year-on-year increase of 18.5 percent, according to data released by …
China’s central bank conducts 200b yuan of reverse repos
A clerk counts cash at a bank outlet in Hai’an county, Jiangsu province. [Photo/China Daily] BEIJING – China’s central bank Wednesday conducted 200 billion yuan ($31.6 billion) of reverse repos to …
Beijing’s close neighbor Sanhe suspends buses, closes communities after reporting one positive case
Beijing’s neighbor city Sanhe, North China’s Hebei Province, suspended all bus lines and closed communities in seven regions on Wednesday morning as the city reported one COVID-19 positive case. The …
Beijing, Moscow obliged to step up green energy cooperation
In order to meet the serious challenge of global warming, both China and Russia have set the strategic goal of low carbon and green gas emissions reduction, which puts forward new requirements for …
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