“Has China eradicated poverty?” is thus, in my opinion, not the appropriate question. The right question – and most relevant today – is:”Are China’s extraordinary achievements sustainable?” Second, …
Tagged By banking
MOYI Collaborates with China Construction Bank New York Branch for Research Effort Focused on New Technologies for Improved Banking Services
The China Construction Bank New York Branch has been specializing in comprehensive wholesale corporate banking services, including trade finance, treasury products, time & demand deposits and USD …
Beijing’s Lize Financial Business District development roadmap released
The draft for the “Comprehensive Implementation Plan for the Planning of Lize Financial Business District (2020-2030)” was recently announced, which when finalized will serve as a roadmap for the …
New Chinese Banking Rules
Clearly, this is not likely the impact Beijing intended. Washington Insider: New Chinese Banking Rules The New York Times reported last weekend that China has been putting “limits on foreign banks, …
Mega industrial projects settle in Beijing’s Daxing district
Beijing’s Daxing district recently signed contracts on 10 cutting … development of cutting-edge industries by applying sci-tech achievement, boosting emerging finance, attracting high-level talents, …
China launches inquiry into Zheshang Bank over interbank bond market violations
… on Monday it had launched an investigation into mid-sized China Zheshang Bank over rule violations of the inter-bank bond market. BEIJING, April 6 (Reuters) – China’s interbank bond market …
China warns Japan to not follow suit after US sanctions over Xinjiang, Hong Kong
Wang and his Japanese counterpart, Toshimitsu Motegi, had a 90-minute phone conversation on Monday, an exchange that came at the request of Beijing, according to the Japanese foreign ministry. Do you …
China Asks Banks to Curtail Credit for Rest of Year
(Bloomberg) — China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people …
China’s banking sector likely to see profits grow by 5% in H1: report
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING — China’s banking sector is likely to see its profits grow by 5 percent in the first half of…
China Is Said to Ask Banks to Curtail Loans for Rest of Year
China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people familiar with the…
World Bank chief expects G20 to extend debt payment freeze through end-2021
FILE PHOTO: World Bank President David Malpass attends the “1+6” Roundtable meeting at the Diaoyutai state guesthouse in Beijing, China November 21, 2019. REUTERS/Florence Lo/File Photo WASHINGTON …
China provides strong financial support for poverty alleviation: white paper
BEIJING, April 6 (Xinhua) — The Chinese government has steadily increased funding and provided strong financial guarantee for winning the battle against poverty, said a white paper released Tuesday …
China Is Said to Ask Banks to Curtail Credit for Rest of Year
China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first two months stoked bubble risks, according to people familiar with the…