Zibo, a city with a profound cultural background, its core spirit “innovation, openness, pragmatism and inclusiveness,” of Qi culture …
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China’s space programme: how Beijing is banking on youth to drive its celestial ambitions
China sent its first astronaut into space in 2003, 10 years after the launch of its space programme and four decades after the former Soviet Union and the United States had done the same. In…
‘Dangerous decade ahead’: warnings for US and China in global showdown
The warnings were delivered at the International Finance Forum in Beijing on Saturday and reflected deep concern about the growing divide between China and the United States over the origin of the …
Calls for sustainable economic recovery at Intl Finance Forum 2021
Heads of international institutions on Saturday shared ideas on how to move forward towards a sustainable economic recovery at the spring meetings of the 2021 International Finance Forum.
Chinese Bank Chiefs Urge Gradual Pullback of Financing to Coal
China should take a gradual approach pulling back financing to high-emission industries in order to avoid credit risks, state bank chiefs said Saturday. Financial institutions need to support coal and …
China’s Banking Regulator Warns of Global Asset Bubble Risks
Recent interest rate hikes by emerging economies could lead to a bursting of global financial asset bubbles, according to a senior official with China’s banking regulator.
China, U.S. can find common ground on tariff exclusions, Chinese think tank says
The Biden administration is unlikely to remove tariffs on Chinese goods in the short term, but China and the United States might find a middle ground by increasing tariff exclusions as a way to reduce…
Sonu Sood ties up with Beijing Bites to help the destitute
Mohammed Ibrahim Akram of Beijing Bites, who sold off his 1952 model Fiat Elegant car to set up a kitchen for doctors last year, was lauded for his remarkable sacrifice.
China graft busters shocked by corrupt Baoshang Bank regulators
China’s top antigraft agency has disclosed details of corruption cases involving five former banking regulators in the Inner Mongolia autonomous region, who took more than 700 million yuan ($109 …
BizBeat Ep.139: Prevention better than cure: China’s moves to ensure financial stability
No economy wants to see a repeat of the global financial crisis. The financial meltdown of 2008-09 taught most regulators the importance of preventing a buildup of financial risks. Preventing systemic …
Morgan Stanley set to buy larger stakes in China securities, funds joint ventures
With stake sales by China Fortune Securities, Morgan Stanley will be the latest Wall Street bank to seek further control of its Chinese joint ventures as the country’s financial sector further opens …
China January-April state-owned firms’ profit up 240per cent year-on-year – finance ministry
Profit at China’s state-owned enterprises rose 240per cent to 1.36 trillion yuan (US$213.42 billion) in the first four months of the year versus …
China, Pakistan agreed to strengthen cooperation in digital finance and cross-border e-commerce
Pakistan Ambassador to China Moin ul Haque and Mr. Pan Gongsheng, Deputy Governor of the People’s Bank of China agreed on Thursday to strengthen cooperation with Pakistan in digital finance and …
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